Is Meta a good stock to buy? (2024)

Is Meta a good stock to buy?

Wall Street is very high on the stock, with 40 of the 46 brokerage recommendations that Zacks

has at “Strong Buys.” Meta stock has soared 125% in the last year and 450% off its 2022 lows, including a 40% YTD surge.

Is it good to buy Meta stock?

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 45% in 2024. Meta has stayed red-hot after surging nearly 200% in 2023.

Is Meta stock expected to rise?

The Meta stock prediction for 2025 is currently $ 658.01, 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.

What is the Meta stock prediction for 2024?

2024 Forecast: Analysts predict a median 12-month forecast for Meta stock at $400.00, with a range from $384.00 to $470.00. This estimation suggests a potential increase of 18%, reflecting market optimism and earnings potential.

Is Meta stock overvalued now?

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.

Why is everyone buying Meta?

Investors looking to buy shares now understand that Meta is a leader in digital advertising that benefits from powerful network effects. Plus, this is a very profitable enterprise. All this means that perhaps it's a good idea to add the stock to your portfolio.

Is now a good time to buy Meta?

A reasonable valuation

But Meta's stock still trades at a compelling valuation, even after it has soared in the past year and a half. The current forward P/E of 26 is a reasonable entry point given the scale and reach of the company's social media apps, its tremendous network effects, and the focus on AI.

How much will Meta stock be worth in 5 years?

Meta Platforms Inc. quote is equal to 493.780 USD at 2024-04-17. Based on our forecasts, a long-term increase is expected, the "META" stock price prognosis for 2029-04-13 is 615.740 USD. With a 5-year investment, the revenue is expected to be around +24.7%.

Who owns the most meta stock?

What percentage of Meta Platforms (META) stock is held by retail investors? According to the latest TipRanks data, approximately 44.85% 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 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.

How much is Meta worth in 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 will Amazon be worth in 2030?

If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year.

How much will Tesla stock be worth in 2025?

Projections for the TSLA rate in 2025 vary significantly among analysts, with estimates ranging from a stock price above $300 to $3,000 per share. These projections are based on various factors and assumptions, including Tesla's market performance, EBITDA margins, and the broader electric vehicle market.

Should I invest in Facebook right now?

Some of the risks to investing in Facebook's stock include the company's dependence on ad revenue, uncertainty surrounding the success of its virtual reality products and its foray into artificial intelligence, potential for government regulation, threat of competition from newer social media platforms, and potential ...

Is Apple a buy or sell right now?

Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.

Is Tesla a buy or sell?

Tesla has a conensus rating of Hold which is based on 8 buy ratings, 19 hold ratings and 7 sell ratings. The average price target for Tesla is $184.86. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Is Apple a good stock to buy right now?

The financial health and growth prospects of AAPL, demonstrate its potential to underperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

What is the prediction for Meta stock?

Stock Price Forecast

The 42 analysts with 12-month price forecasts for Meta Platforms stock have an average target of 464.83, with a low estimate of 260 and a high estimate of 610. The average target predicts a decrease of -3.38% from the current stock price of 481.07.

What is a fair price for Meta stock?

As of 2024-04-18, 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 494.17 USD, the upside of Meta Platforms Inc is -35.6%.

What will Meta stock price be in 2025?

META Stock Price Prediction 2024: The stock price for META in 2024 is predicted to average around $374, with a range between $345 and $403. META Stock Price Prediction 2025: For 2025, the forecasted average stock price is $430, ranging from $397 to $463.

Does Meta have a lot of debt?

You can click the graphic below for the historical numbers, but it shows that as of December 2023 Meta Platforms had US$18.4b of debt, an increase on US$9.92b, over one year.

Has Meta ever made a profit?

1, Meta Platforms (NASDAQ: META) reported its biggest and most profitable quarter in history. Its "family of apps" includes Facebook, Instagram, and WhatsApp. And this trio absolutely delivered for shareholders in the fourth quarter of 2023. In Q4, Meta's revenue grew 25% year over year.

Does Google own Meta?

According to Business Insider, Meta Platforms Inc., previously known as the Facebook Co., is a publicly-traded company, meaning it is not owned by a single person or group. However, Facebook founder and CEO Mark Zuckerberg is the majority shareholder of Meta, owning 13% of its stake as of January 2024.

What is the highest stock price ever on Meta?

What will Apple stock be worth in 2030?