Meta Platforms Inc (META) Stock Price & News - Google Finance (2024)

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Meta Platforms Inc (META) Stock Price & News - Google Finance? ›

Meta Platforms currently has an average brokerage recommendation (ABR) of 1.33, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 45 brokerage firms. An ABR of 1.33 approximates between Strong Buy and Buy.

Meta Platforms currently has an average brokerage recommendation (ABR) of 1.33, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 45 brokerage firms. An ABR of 1.33 approximates between Strong Buy and Buy.

Meta Platforms's analyst rating consensus is a Strong Buy. This is based on the ratings of 28 Wall Streets Analysts.

Meta Platforms Stock Forecast

The 39 analysts with 12-month price forecasts for Meta Platforms stock have an average target of 555.46, with a low estimate of 350 and a high estimate of 647. The average target predicts an increase of 13.79% from the current stock price of 488.14.

As of 2024-08-05, the Intrinsic Value of Meta Platforms Inc (META) is 446.89 USD.

On a historic basis, Meta Platforms has generated cash flow growth of 13.7%, and is expected to report cash flow expansion of 42.7% this year. Investors should take the time to consider META for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.

We are increasing our fair value estimate to $450 from $400. Revenue increased 22% to $39.1 billion during the second quarter, beating the high end of management's forecast.

Meta Stock Prediction 2025

The Meta stock prediction for 2025 is currently $ 639.57, assuming that Meta shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 30.93% increase in the META stock price.

The all-time high Meta Platforms stock closing price was 539.91 on July 05, 2024. The Meta Platforms 52-week high stock price is 542.81, which is 6.5% above the current share price. The Meta Platforms 52-week low stock price is 274.38, which is 46.2% below the current share price.

According to the latest long-term forecast, Facebook price will hit $600 by the end of 2025 and then $800 by the middle of 2026. Facebook will rise to $1000 within the year of 2027, $1200 in 2028, $1400 in 2029, $1500 in 2030, $1600 in 2031, $1700 in 2033, $1800 in 2034 and $2000 in 2036.

Is Meta overvalued or undervalued? ›

Intrinsic Value. The intrinsic value of one META stock under the Base Case scenario is 387.63 USD. Compared to the current market price of 478.33 USD, Meta Platforms Inc is Overvalued by 19%.

6, 2024.

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.

Meta Platforms, Inc., doing business as Meta, and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services.

Meta Platforms (META) Ownership Overview

Approximately 49.42% of the company's stock is owned by Institutional Investors, 9.23% is owned by Insiders and 41.35% is owned by Public Companies and Individual Investors.

Due to strong revenue growth of 27.26 % in Overall company Meta Platforms Inc improved its market share, to approximately 23.89 %.