Should I buy META stock now? (2024)

Should I buy META stock now?

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

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

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How much will Meta stock be worth in 5 years?

Long-Term Meta Stock Price Predictions
YearPredictionChange
2026$ 860.2071.42%
2027$ 1,126.25124.44%
2028$ 1,474.59193.86%
2029$ 1,930.66284.75%
2 more rows

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What is a fair price for Meta stock?

As of 2024-04-17, 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%.

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What is the Meta stock prediction for 2024?

What could happen to Meta over the next 12 months? For the first quarter of 2024, Meta expects revenue to rise 20%-29% year over year. That easily exceeds analysts' estimates for an 18% increase, and implies the consensus full-year forecasts for 12% and 18% revenue and earnings growth, respectively, are too low.

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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.

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Is META a good long term buy?

Meta Platforms (META) has been one of the top tech stocks of 2024. More impressive growth is expected for Meta this year and into 2025. The company's history of outperformance suggests the next two years could be very lucrative.

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What will META be worth in 10 years?

NASDAQ: META

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. That would match Apple's current valuation.

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Is META a buy or sell?

Is Meta Platforms stock a Buy, Sell or Hold? Meta Platforms stock has received a consensus rating of buy. The average rating score is and is based on 93 buy ratings, 4 hold ratings, and 1 sell ratings.

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What is the highest stock price ever on META?

Meta Platforms - 12 Year Stock Price History | META
  • The all-time high Meta Platforms stock closing price was 527.34 on April 05, 2024.
  • The Meta Platforms 52-week high stock price is 531.49, which is 7.6% above the current share price.

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Is Meta stock expected to rise?

Based on analyst ratings, Meta Platforms's 12-month average price target is $547.45. Meta Platforms has 9.54% 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.

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Why is it good to invest in Meta?

Right now, Meta Platforms has an S/TA ratio of 0.64, which means that the company gets $0.64 in sales for each dollar in assets. Comparing this to the industry average of 0.57, it can be said that the company is more efficient. In addition to efficiency in generating sales, sales growth plays an important role.

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Is Meta expected to grow?

Expectations are for Meta's Q1 revenue to register a 26% year-on-year (YoY) growth to US$36.1 billion, up from the US$28.6 billion a year ago. This will be the highest quarterly revenue growth since 3Q 2021. Earnings per share is expected to grow almost two-fold to US$4.29, versus the US$2.20 a year ago.

Should I buy META stock now? (2024)
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 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.

How much will Tesla stock be worth in 2025?

Gov Capital
MonthMin Price, $Change
May 2025149.729-5.59 %▼
June 2025153.6442.66 % ▲
July 2025157.6831.35 % ▲
August 2025158.5680.48 %▼
8 more rows
Feb 22, 2024

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 Tesla a buy or sell right now?

Is TSLA a Buy, Sell or Hold? 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 Google a buy sell or hold?

GOOG Stock Forecast FAQ

Alphabet Class C has 7.43% upside potential, based on the analysts' average price target. Is GOOG a Buy, Sell or Hold? Alphabet Class C has a conensus rating of Strong Buy which is based on 10 buy ratings, 1 hold ratings and 0 sell ratings.

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.

Who owns most of Meta stock?

What percentage of Meta Platforms (META) stock is held by retail investors? According to the latest TipRanks data, approximately 44.73% of Meta Platforms (META) stock is held by retail investors. Vanguard owns the most shares of Meta Platforms (META).

How much will Facebook be worth in 5 years?

Facebook stock price stood at $499.76

According to the latest long-term forecast, Facebook price will hit $800 by the end of 2024 and then $1000 by the middle of 2025. Facebook will rise to $1200 within the year of 2026, $1500 in 2027, $1800 in 2028, $2000 in 2029 and $2500 in 2033.

How much was Meta stock before split?

Meta has never split its stock before

Meta Platforms has never split its stock since going public in early 2012 at $38 per share. For investors who have held on to their shares since then, the stock has delivered an impressive return of 1,133%, surpassing the benchmark S&P 500's total return of approximately 379%.

What stock is going to skyrocket?

10 Best Growth Stocks to Buy for 2024
StockExpected Change in Stock Price*
Tesla Inc. (TSLA)61%
Mastercard Inc. (MA)14.2%
Salesforce Inc. (CRM)7.2%
Advanced Micro Devices Inc. (AMD)11.3%
6 more rows
Mar 25, 2024

What's the best stock to invest in 2024?

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
Arcutis Biotherapeutics Inc. (ARQT)206.8%
Janux Therapeutics Inc. (JANX)250.9%
Trump Media & Technology Group Corp. (DJT)254.1%
Super Micro Computer Inc. (SMCI)255.3%
6 more rows

What is the best stock to invest in in 2024?

Best American Stocks To Buy In 2024
  • Broadcom Inc. (NASDAQ:AVGO)
  • Eli Lilly and Company (NYSE:LLY)
  • JPMorgan Chase & Co. (NYSE:JPM)
  • Berkshire Hathaway Inc. (NYSE:BRK-B)
  • Apple Inc. (NASDAQ:AAPL)
  • Visa Inc. (NYSE:V)
  • Alphabet Inc. (NASDAQ:GOOG)
Mar 8, 2024

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