Meta Stock Forecast 2025: Valuation, Growth Drivers & Risks
1. BUSINESS OVERVIEW & ECONOMIC MOAT Business Model & Ecosystem Meta operates a dual-segment model: Family of Apps (FoA) and Reality Labs (RL). FoA (98% of 2023 revenue): Reality Labs (2% of revenue, >100% operating loss): Economic Moat Analysis (Buffett Framework) Moat Component Strength Sustainability (10-20Y) Risks Network … Read more