Key Points
Meta has beaten Wall Street’s earnings per share estimates in each of the past 11 quarters.
It’s important that investors avoid making short-term decisions.
- 10 stocks we like better than Meta Platforms ›
Since the company’s growth and profitability took a hit in 2022, leading to the stock also tanking, Meta Platforms (NASDAQ: META) has been a winning investment. In the past three years, shares have skyrocketed 437% (as of Oct. 9). The business has been riding some serious momentum. Now, investors are patiently waiting for management to release financial results from the latest quarter.
Should you buy this social media stock before Oct. 29?
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Meta stock looks like a good opportunity
Despite Meta’s meteoric rise in the past three years, the current setup still looks favorable. The stock is trading 9% below its peak. Investors can scoop up shares at a compelling forward price-to-earnings ratio of 24.6.
For one of the most dominant enterprises in the world, this might be a no-brainer buying opportunity. This is especially true before a potential positive catalyst in the upcoming earnings report.
Investors must maintain a long-term mindset
Meta has exceeded Wall Street earnings per share estimates in 11 straight quarters. Perhaps it’s likely this streak will continue, which could push the stock higher as we head into November.
As enticing as it sounds to buy shares before the Oct. 29 update, it’s extremely important that investors aren’t making this decision with a short-term mindset. Buying and holding stocks should be done with a timeframe that spans at least five years, forcing investors to think about the fundamentals.
Should you invest $1,000 in Meta Platforms right now?
Before you buy stock in Meta Platforms, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Meta Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $657,979!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,122,746!*
Now, it’s worth noting Stock Advisor’s total average return is 1,060% — a market-crushing outperformance compared to 187% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of October 7, 2025
Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy.
