Meta Platforms, Inc. (META)
NASDAQ: META · Real-Time Price · USD
567.58
-24.22 (-4.09%)
At close: Oct 31, 2024, 4:00 PM
568.40
+0.82 (0.14%)
After-hours: Oct 31, 2024, 7:59 PM EDT
Meta Platforms Stock Forecast
Stock Price Forecast
The 42 analysts with 12-month price forecasts for Meta Platforms stock have an average target of 632.95, with a low estimate of 360 and a high estimate of 811. The average target predicts an increase of 11.52% from the current stock price of 567.58.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Meta Platforms stock from 44 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 22 | 22 | 20 | 20 | 22 | 22 |
| Buy | 15 | 15 | 16 | 17 | 16 | 17 |
| Hold | 3 | 3 | 2 | 2 | 2 | 3 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 42 | 42 | 40 | 41 | 42 | 44 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $645 → $705 | Strong Buy | Maintains | $645 → $705 | +24.21% | Oct 31, 2024 |
| UBS | UBS | Strong Buy Maintains $690 → $719 | Strong Buy | Maintains | $690 → $719 | +26.68% | Oct 31, 2024 |
| Seaport Global | Seaport Global | Strong Buy Maintains $555 → $675 | Strong Buy | Maintains | $555 → $675 | +18.93% | Oct 31, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $635 → $660 | Buy | Maintains | $635 → $660 | +16.28% | Oct 31, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $600 → $675 | Buy | Maintains | $600 → $675 | +18.93% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
164.94B
from 134.90B
Increased by 22.27%
Revenue Next Year
187.80B
from 164.94B
Increased by 13.86%
EPS This Year
21.63
from 14.87
Increased by 45.48%
EPS Next Year
24.60
from 21.63
Increased by 13.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 172.3B | 203.0B | 235.4B | ||
| Avg | 164.9B | 187.8B | 210.2B | ||
| Low | 154.7B | 169.3B | 185.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.8% | 23.1% | 25.4% | ||
| Avg | 22.3% | 13.9% | 11.9% | ||
| Low | 14.7% | 2.7% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 23.64 | 28.76 | 33.98 | ||
| Avg | 21.63 | 24.60 | 28.12 | ||
| Low | 18.35 | 20.29 | 21.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 58.9% | 32.9% | 38.1% | ||
| Avg | 45.5% | 13.7% | 14.3% | ||
| Low | 23.4% | -6.2% | -14.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.