Can Investing in Meta Platforms Make You a Millionaire?

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**Meta Platforms (NASDAQ: META)** has seen a remarkable increase in value, with a 1,150% growth since its IPO in late 2012. As of 2023, the company reported **$135 billion in revenue**, primarily from digital advertising, marking a **16% year-over-year increase**. Meta’s apps, including Facebook, Instagram, WhatsApp, and Messenger, boast a combined **3.24 billion daily active users** as of March 31, representing **40% of the world’s population**.

Currently, Meta operates with a market cap of **$1.2 trillion**, making it the seventh-most valuable company globally. Analysts forecast that between 2023 and 2026, Meta’s revenue and earnings per share will grow at compound annual rates of **14.1% and 20.5%**, respectively. Despite its size, the stock’s forward price-to-earnings ratio stands at **23.9**, suggesting potential for further investment opportunities.

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