Meta Platforms: 2025 Update

Disclosure: I own shares of Meta Platforms

Meta’s stock is on a tear. The stock has ended higher in the last 19 consecutive trading sessions. It is by far the best stock among the “magnificent seven” so far this year. Of my almost seven years of being a Meta shareholder, I do not recall investors being so nearly unanimously positive about the company’s prospects.

Given such optimism, it is perhaps even more relevant to probe into what exactly is embedded in today’s stock price of Meta. As is the annual tradition at MBI Deep Dives (see 2023 and 2024 updates), that exactly is the topic at hand.

Let’s start with Reality Labs which, for all intents and purposes, is currently the “problem child” at Meta.