Meta stock is gaining ground Thursday after the social media giant reported strong earnings, but what does Wall Street have to say? We take a look here.

It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and $6.77, respectively.

Meta Platforms (NASDAQ: META) stock has benefited from considerable growth since its IPO in 2012. The social media giant, then named Facebook after its flagship site, grew to become the leading social media stock.

Mark Zuckerberg, the CEO of Meta Platforms, Inc. (NASDAQ:META), has sold a significant portion of his holdings in the company. According to a recent SEC filing, Zuckerberg sold shares totaling approximately $14.

CEO Mark Zuckerberg just declared that 2025 will be a defining year for artificial intelligence. In a Facebook post, he said his company is planning to invest between $60 billion and $65 billion this year in AI,