Is it good to invest in META right now? (2024)

Is it good to invest in META right now?

So far, so good. Meta stock surged after its fourth-quarter earnings report in early February, which showed record sales and was headlined by plans for its first-ever dividend. Meta stock is up more than 40% in 2024, less than three months in.

Is Meta a good stock to buy right now?

Management also gave bullish commentary for 2024, which should excite investors because it shows Meta isn't done growing. With Meta's stock priced around 25 times forward earnings, it's a stock that investors should be willing to buy now.

Can we invest in Meta?

You can buy Meta stock through a brokerage account. You'll need to add money to the account and then search within the brokerage's platform using the symbol "META." You cannot buy Meta stock directly from Meta the company.

Is Meta stock gonna go back up?

Meta stock forecast 2024

Analysts are optimistic about Meta's business and stock price this year, projecting full-year earnings per share of $19.92. That's up from $14.51 in 2023. In addition, Meta analysts are calling for $158.2 billion in 2024 revenue — a whopping annual growth of 17.3%.

Is Meta stock expected to rise?

Stock Price 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.

Is Meta buy or sell?

Stifel analyst Mark Kelley, who rates Meta a buy, raised his 12-month price target from 405 to 527, implying 33% upside from Meta as of the time of the Feb. 1 report.

Is Meta a good long term investment?

Meta released strong results and showed it's moved on from earlier missteps into the metaverse. It's the dominant social media company and has robust free cash flow, so the company's stock price should grow in the longer term.

Where will Meta 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.

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%.

Is AMZN a buy right now?

Amazon has a conensus rating of Strong Buy which is based on 41 buy ratings, 0 hold ratings and 0 sell ratings. What is Amazon's price target? The average price target for Amazon is $209.74. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Who invested in Meta?

The top individual insider shareholders of Meta are Michael Schroepfer, David Fischer, and David Wehner, and the top institutional shareholders are Mark Zuckerberg, Vanguard Group Inc., and BlackRock Inc.

Why is Meta stock dropping?

Why Meta stock is down today. The Wall Street Journal reported on Monday that users of Facebook's Marketplace are becoming increasingly unhappy with the feature and that appears to be one of the factors driving down the Meta stock price today.

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.

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).

Is Apple a buy or sell right now?

Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 28 Wall Streets Analysts.

Is Tesla a buy sell or hold?

Is Tesla stock a Buy, Sell or Hold? Tesla stock has received a consensus rating of buy. The average rating score is and is based on 45 buy ratings, 33 hold ratings, and 15 sell ratings.

Is Amazon a buy sell or hold?

Amazon currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.

How much will Facebook be worth in 5 years?

Facebook stock price stood at $506.74

According to the latest long-term forecast, Facebook price will hit $900 by the end of 2024 and then $1100 by the end of 2025. Facebook will rise to $1300 within the year of 2026, $1600 in 2027, $1800 in 2028, $2000 in 2029 and $2500 in 2032.

What is the highest stock price in Meta?

Meta Platforms - 12 Year Stock Price History | META

The latest closing stock price for Meta Platforms as of April 02, 2024 is 497.37. The all-time high Meta Platforms stock closing price was 512.19 on March 07, 2024.

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.

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.

Will Meta stock reach $1,000?

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 to invest in Meta?

Meta's business model ensures it has high margins if it can keep its costs under control. Meta's 2023 operating margin of 35% helped drive $43 billion of free cash flow generation. Such margins are the norm for this company. Those margins helped Meta produce $122 billion of operating cash flow in the past two years.

What is the future of Meta?

"Two emerging technologies — AI and the metaverse — represent Meta's biggest long-term bets on the future," Meta Chief Technology Officer Andrew Bosworth wrote in a December blog post. "And in 2023 we began to see these two technological pathways intersect in the form of products accessible to huge numbers of people."

What will Tesla stock be worth in 2030?

He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.

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