Will Meta stocks ever recover? (2024)

Will Meta stocks ever recover?

Meta's revenue is projected to jump 18% in FY24 and 13% next year to $180 billion (up from $135 billion in 2023). Meta is projected to grow its adjusted EPS by 35% in FY24 and 16% in FY25, following 73% earnings expansion in 2023.

Will Meta stock ever 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 a good long term 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.

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.

Is it too late to invest in Meta?

Meta's future revenue growth

Year-over-year revenue gains are likely to continue, at least in 2024. The advertising industry forecasts digital ad spending to increase this year by more than 13% over 2023, serving as a tailwind for Meta's revenue growth.

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.

Is it worth it to buy Meta?

There's no doubt that Meta has to be one of the best-performing stocks since the start of 2023. Even with this huge gain, Meta shares trade at a forward price-to-earnings ratio of 25.6. That represents a discount when compared to the 30.4 average forward P/E from the tech-heavy Nasdaq-100 index.

Should I hold my Meta stock?

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 $533.24. This is based on 43 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Should I invest in Meta right now?

With strong ad sales, this allowed Meta Platforms to post its best operating margin since 2021 thanks to increased revenue and steady expenses. Meta is succeeding as a business, and with Wall Street analysts projecting 17% growth for 2024, it's a great sign that its growth should continue.

Is Meta a buy hold or sell?

Meta Platforms stock has received a consensus rating of buy.

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.

Where will Meta be in 5 years?

What will Meta be worth 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 is the future outlook for Meta stocks?

Meta Platforms Stock Forecast

The 41 analysts with 12-month price forecasts for Meta Platforms stock have an average target of 449.71, with a low estimate of 260 and a high estimate of 610. The average target predicts a decrease of -10.01% from the current stock price of 499.76.

What is the outlook for Meta stock?

Based on short-term price targets offered by 40 analysts, the average price target for Meta Platforms comes to $520.73. The forecasts range from a low of $285.00 to a high of $600.00. The average price target represents an increase of 5.37% from the last closing price of $494.17.

What is the highest stock price ever on META?

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%.

What is the true value of META stock?

Meta Platforms Inc's market capitalization is 1.3T USD. META stock price is 519.61 USD. The Intrinsic Value of META stock (364.52 USD) is 30% less than its price (519.61 USD).

Why is Meta stock so low?

Its Facebook, Instagram, WhatsApp, Messenger, and Threads platforms generate a massive amount of revenue from ads. This was part of the reason Meta's stock was so beaten down in 2022. Meta was heavily investing in its money-losing metaverse products and, at the same time, its ad business was suffering.

Is Meta over or undervalued?

With its 2-star rating, we believe Meta's stock is overvalued compared with our long-term fair value estimate. Our fair value estimate represents an enterprise value of times our 2024 adjusted EBITDA projection.

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.

Is Meta a long term hold?

Meta's recent cooldown alongside the market makes the stock a potentially more appealing long-term buy-and-hold candidate for investors who can weather potential near-term volatility. Others might want to wait until after Meta reports or a larger pullback, though the market-timing game is notoriously difficult.

How much will Facebook be worth in 5 years?

Facebook stock price stood at $501.80

According to the latest long-term forecast, Facebook price will hit $900 by the end of 2024 and then $1000 by the middle of 2025. Facebook will rise to $1200 within the year of 2026, $1600 in 2027, $1800 in 2028, $2000 in 2029 and $2500 in 2032.

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 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.