Meta Earnings Soar Over 200%, Announces First Dividend, Adds AI Experts to Board
- Meta's earnings surged 203% and revenue grew 25% year-over-year in Q4 2022
- The company announced its first ever dividend of $0.50 per share
- Meta is adding two new directors, including Broadcom's CEO, as it focuses more on AI
- Analysts at Stifel increased their Meta price target to $527 based on earnings results
- Meta has strong IBD ratings, with a 99 Composite Rating and 96 EPS Rating