What is the meta stock price forecast for 2024? (2024)

What is the meta stock price forecast for 2024?

According to our current META stock forecast, the value of Meta shares will drop by -0.89% and reach $ 486.97 per share by April 7, 2024. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 39 (Fear).

Where will Meta stock be in 5 years?

If Meta matches those estimates and continues to grow its bottom line at a compound annual rate of 15% from 2026 to 2030, its EPS could rise to $46.70. If its forward multiple remains roughly the same, in early 2030, its stock could be trading at about $1,120, giving it a market cap of nearly $2.8 trillion.

Will Meta stock split in 2024?

(the “Company” or “META”) (Nasdaq:MMAT), an advanced materials and nanotechnology company, today announced that it intends to effect a 1-for-100 reverse stock split (“Reverse Stock Split”) of its issued and outstanding common stock that will become effective at 12:01 AM PT on January 29, 2024.

Is Meta going to skyrocket?

Analysts forecast 2025 revenue of $178.1 billion, up 12.6% compared with 2024. Estimates like these may rise throughout this year if Meta maintains its current momentum. Meta stock is already up 46% in 2024.

Should I still buy Meta stock?

Meta still has a reasonable valuation

According to Wall Street analyst estimates, the company is set to grow revenue and earnings per share at compound annual rates of 14% and 21.3%, respectively, over the next three years.

Is Meta a good long term buy?

META sits at a Zacks Rank #1 (Strong Buy), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is up 1.8% and up 20.1% over the past one-week and four-week period, respectively, and Meta Platforms has gained 184.2% in the last one-year period as well.

Is Meta a good long term stock?

With strong ad sales, this allowed Meta Platforms to post its best operating margin since 2021 thanks to increased revenue and steady expenses. Meta is succeeding as a business, and with Wall Street analysts projecting 17% growth for 2024, it's a great sign that its growth should continue.

Is Meta a buy for 2024?

Meta stock is up more than 40% in 2024, less than three months in. The results ensured the company's stock has stayed red-hot early this year after surging nearly 200% in 2023. In January, Meta climbed back above a trillion-dollar market cap.

How high will Meta stock go?

META Stock 12 Months Forecast

Based on 43 Wall Street analysts offering 12 month price targets for Meta Platforms in the last 3 months. The average price target is $530.58 with a high forecast of $609.00 and a low forecast of $430.00. The average price target represents a 9.27% change from the last price of $485.58.

Is Meta a buy or sell?

Meta Platforms stock has received a consensus rating of buy. The average rating score is and is based on 92 buy ratings, 4 hold ratings, and 1 sell ratings. What was the 52-week low for Meta Platforms stock? The low in the last 52 weeks of Meta Platforms stock was 207.00.

Is Meta a hold or sell?

Out of 25 analysts, 19 (76%) are recommending META as a Strong Buy, 5 (20%) are recommending META as a Buy, 1 (4%) are recommending META as a Hold, 0 (0%) are recommending META as a Sell, and 0 (0%) are recommending META as a Strong Sell. If you're new to stock investing, here's how to buy Facebook stock.

How much will Meta stock be worth in 10 years?

If Meta matches those estimates and continues to grow its bottom line at a compound annual rate of 15% from 2026 to 2030, its EPS could rise to $46.70. If its forward multiple remains roughly the same, in early 2030, its stock could be trading at about $1,120, giving it a market cap of nearly $2.8 trillion.

Why should I buy Meta stock?

Meta is loaded with cash to invest for growth. Free cash flow more than doubled in 2023 to $43 billion. Growing profitability and opportunities to drive strong advertising growth from AI explain the stock's run over the last year, and why it may continue to hit new highs.

Is Meta a buy yet?

The META stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average.

Why is Meta stock so cheap?

The stock doesn't look expensive, compared to its peers

Meta's business has done so well over the past year because it was valued at incredibly low levels at worst-case scenario margins. Now that its margins have improved and investors are more optimistic, Meta has returned to a point where it's historically valued.

Is Meta over or undervalued?

With its 2-star rating, we believe Meta's stock is overvalued compared with our long-term fair value estimate. Our fair value estimate represents an enterprise value of times our 2024 adjusted EBITDA projection.

What is a fair price for Meta stock?

As of 2024-04-03, the Fair Value of Meta Platforms Inc (META) is 318.38 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 497.37 USD, the upside of Meta Platforms Inc is -36%.

What is the prediction for Meta stock?

Meta Platforms Stock Forecast

The 41 analysts with 12-month price forecasts for Meta Platforms stock have an average target of 434.2, with a low estimate of 260 and a high estimate of 600. The average target predicts a decrease of -14.32% from the current stock price of 506.74.

What will Meta be worth 2030?

If Meta matches those estimates and continues to grow its bottom line at a compound annual rate of 15% from 2026 to 2030, its EPS could rise to $46.70. If its forward multiple remains roughly the same, in early 2030, its stock could be trading at about $1,120, giving it a market cap of nearly $2.8 trillion.

What is the future of Meta?

For Meta, its vision of the next stage of AI development would involve increased creative capacity through AI interaction, including, potentially, the ability to create whole new VR environments, by simply speaking them into existence.

Is Amazon or META a better stock?

In the year-to-date period, META achieves a 38.96% return, which is significantly higher than AMZN's 19.11% return. Over the past 10 years, META has underperformed AMZN with an annualized return of 24.18%, while AMZN has yielded a comparatively higher 27.42% annualized return.

What is the stock price forecast for Meta Platforms in 2025?

Right now, sell-side consensus calls for Meta Platforms to report earnings of $14.80 per share in 2024, and $16.98 per share in 2025. The high end of these forecasts call for earnings of $17.15 and $19.90 per share, next year and the year after next, respectively.

Will META ever pay a dividend?

Meta said its quarterly dividend will be $0.50 per share, which will be paid out for the first time at the end of March 2024. On an annual basis, that's $2 for every share that an investor owns.

What stocks will double in 2024?

Aris Water Solutions, Inc. (NYSE:ARIS) is one of the stocks that can double in 2024, along with Wayfair Inc. (NYSE:W), Match Group, Inc. (NASDAQ:MTCH), and Palantir Technologies Inc.

Who owns the most Meta stock?

According to the latest TipRanks data, approximately 23.21% of Meta Platforms (META) stock is held by retail investors. Who owns the most shares of Meta Platforms (META)? Vanguard owns the most shares of Meta Platforms (META).

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