Is it smart to invest in META? (2024)

Is it smart to invest in META?

Meta stock's technical ratings remain stellar after the company's strong earnings report this month. The IBD

Stock Checkup tool shows Meta stock with a Relative Strength Rating of 96 out of a best-possible 99, indicating the stock has outperformed most of the market over the past 12 months.

Is Meta a good investment?

The tech stock has been an exceptional investment in almost any time frame you choose. Over the past five years, Meta investors have enjoyed a 207% gain, compared to an 87% total return for the S&P 500. Since its initial public offering, Meta has generated a total return of more than 1,200%.

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.

How high will Meta go in 2024?

What will Meta be worth in 5 years?

Is Meta a safe investment?

Meta stock's technical ratings remain stellar after the company's strong earnings report this month. The IBD Stock Checkup tool shows Meta stock with a Relative Strength Rating of 96 out of a best-possible 99, indicating the stock has outperformed most of the market over the past 12 months.

Is now a good time to buy Meta stocks?

This top social media stock has been on an absolute tear since that 2022 low thanks to strong financial results and a raging bull market. As a result, the stock price has skyrocketed 321% since the end of 2022. And yet, even with that sizeable stock price performance, the shares still look like a smart buy today.

Is Meta a buy or sell?

Meta Platforms has 9.27% upside potential, based on the analysts' average price target. Meta Platforms has a conensus rating of Strong Buy which is based on 40 buy ratings, 2 hold ratings and 1 sell ratings. The average price target for Meta Platforms is $530.58.

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).

What is the most promising AI 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.

What is Meta 10 year prediction?

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 are the best stocks to invest in 2024?

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.

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.

Is Meta a high risk stock?

Summary. Meta Platforms' stock has been rallying over the past year due to strong advertising revenue growth and efficiency measures. Although the company faces a growing risk that undermines Meta stock's appeal as a long-term investment.

Is Meta risky stock?

Risk and Uncertainty

Furthermore, even with Meta's dominant position, its high dependence on the continuing growth of online advertising could heighten the negative impact of a lengthy downturn in online ad spending, resulting in a much lower fair value estimate.

Is it risky to invest in metaverse?

The metaverse is still in its embryonic phase, with many of its technologies and platforms under development. This embryonic state presents a unique blend of speculative opportunities and uncertainties. For investors, this means navigating a landscape where high rewards might come with equally high risks.

What is the fair value of Meta?

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 Google a buy sell or hold?

Alphabet A (ex Google)'s market capitalization is $1,883.33 B by 5.89 B shares outstanding. Is Alphabet stock a Buy, Sell or Hold? Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 91 buy ratings, 8 hold ratings, and 0 sell ratings.

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.

Does Mark Zuckerberg own Meta shares?

Zuckerberg holds about 350m shares, meaning that if Meta makes roughly the same level of dividend payouts each quarter, he stands to take home about $700m over the course of the first year of the policy.

Why did Zuckerberg sell Meta stock?

Zuckerberg primarily sells Meta shares to fund philanthropic initiatives, according to company spokesperson. He has pledged to give away 99% of his stake to charitable purposes.

Has Meta ever been profitable?

Meta Platforms gross profit for the quarter ending December 31, 2023 was $32.416B, a 36.04% increase year-over-year. Meta Platforms gross profit for the twelve months ending December 31, 2023 was $108.943B, a 19.25% increase year-over-year.