Would you buy Facebook stock right now?

Throw in a pandemic that briefly sent digital advertising into a tailspin in 2020, and it's incredible Facebook stock is up some 50% over the last trailing three-year stretch. Who in their right mind would buy Facebook stock right now? I would. And there are 56 billion reasons why.

Is Facebook stock undervalued?

Apple’s iOS update is throttling the growth of Facebook’s ad business. But Facebook’s family of apps continue to gain new users. The stock still looks undervalued relative to its growth potential. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.

What is Facebook's stock buyback plan?

Facebook also announced a $50 billion increase to its stock buyback plan, which still had $8 billion remaining at the end of September. However, a lot of those buybacks will likely be spent on offsetting its dilution from stock bonuses instead of boosting its earnings per share ( EPS ).

How much did Facebook buy back in 2021?

For example, Facebook bought back $24.5 billion in shares in the first nine months of 2021, but its share count only dipped 0.2% year-over-year on a diluted basis. Is Facebook's stock worth buying?