Threads to Add $8 Billion to Meta Annual Revenue by 2025, Analyst Says
- Company focused on reaching 1 billion users in the near term
- Threads launch has already drawn in 100 million sign ups
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It is still early days, but Meta Platforms Inc.’s latest app, Threads, could generate some serious cash for the social media giant in the next couple of years, according to Evercore ISI.
Threads will reach close to 200 million daily active users and generate about $8 billion in annual revenue over next two years, Evercore ISI analysts led by Mark Mahaney estimate.