Is Meta a good stock? (2024)

Is Meta a good stock?

Based on analyst ratings, Meta Platforms's 12-month average price target is $544.89. Meta Platforms has 8.93% 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.

Is Meta a good stock to invest in?

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%.

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.

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 the projected price for Meta stock?

Is Meta a good long term buy?

Despite its rebound and its 735% climb in the last 10 years to easily double Tech, its valuation is impressive. Meta trades at an 8% discount to the Zacks tech sector and 60% below its highs at 23.8X forward 12-month earnings. Meta's positive EPS revisions help it land a Zacks Rank #2 (Buy).

Is Meta still a buy?

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.

Should I sell or hold META?

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 $547.45. This is based on 43 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

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. Vanguard owns the most shares of Meta Platforms (META).

What will META stock be worth in 2025?

What is the Meta stock prediction for 2025? According to our Meta stock prediction for 2025, META stock will be priced at $ 654.33 in 2025. This forecast is based on the stock's average growth over the past 10 years.

How high will meta stock go in 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.

What is the highest stock price ever on meta?

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.

Is Amazon a strong buy now?

Amazon stock is a Strong Buy, according to analysts, with 41 unanimous Buys assigned in the past three months. The average AMZN stock price target of $212.21 implies 17.1% upside potential.

Is Amazon a buy sell or hold?

Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.

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%.

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 ...

What is the downside of Meta?

Drawbacks include privacy violations and addiction. A fully formed metaverse is on the horizon, with precursor and metaverse-like experiences already a reality today. A growing number of organizations are using metaverse-type technology to train workers, collaborate and innovate.

Why is Meta stock falling?

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.

Is Meta stock overvalued now?

To state Meta is an overvalued stock isn't a fair assessment. Right now, it's at an average valuation, which means its business results will drive the stock price. With Meta guiding for $35.8 billion in revenue in Q1 (growth of 27%), I'd say the future business is looking good.

Is Tesla a buy or sell right now?

Tesla has a conensus rating of Hold which is based on 8 buy ratings, 19 hold ratings and 7 sell ratings. What is Tesla's price target? 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 worth more than Meta?

As of this writing, Apple has a market cap of $2.6 trillion, making it America's second-largest company, behind only Microsoft. Meta Platforms' market cap is roughly half that -- $1.3 trillion. So, at first blush, it appears unlikely that Meta will surpass Apple anytime soon.

Does Meta have a lot of debt?

Meta Platforms has a total shareholder equity of $153.2B and total debt of $18.4B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are $229.6B and $76.5B respectively. Meta Platforms's EBIT is $50.2B making its interest coverage ratio -42.1.

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.