Meta Platforms (META) Stock Rises as Threads Surpasses 400M Users
Meta Platforms (META) shares gained traction Tuesday following news that its Threads platform has reached 400 million monthly active users. The stock closed 3% higher on the day, extending its monthly rally to 10% as it keeps pace with other top-tier tech stocks.
Instagram chief Adam Mosseri confirmed the milestone, noting Threads' evolution from a Twitter competitor to a substantive forum for discourse. The platform's growth aligns with Meta's broader resurgence, underscored by a 22% revenue jump to $47.52 billion in Q2 2025.
Investors are revising price targets upward after Meta's earnings outperformed expectations last week, sending shares soaring 12% intraday. The company's AI-driven ad technology and Threads' accelerating adoption—now rivaling X in daily engagement—are fueling bullish sentiment.