Meta Platforms, Inc. (META)
NASDAQ: META · Real-Time Price · USD
605.09
+5.24 (0.87%)
Dec 24, 2024, 12:04 PM EST - Market open

Meta Platforms Stock Forecast

Stock Price Forecast

The 42 analysts with 12-month price forecasts for Meta Platforms stock have an average target of 636.5, with a low estimate of 360 and a high estimate of 811. The average target predicts an increase of 5.19% from the current stock price of 605.09.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $360 $636.5 $645 $811
Change -40.50% +5.19% +6.60% +34.03%

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 202022222222
Buy 161716171717
Hold 222333
Sell 222222
Strong Sell 000000
Total 404142444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$660$725
Buy Maintains $660$725 +19.82% Dec 18, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$650$700
Strong Buy Maintains $650$700 +15.69% Dec 17, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$650$670
Buy Maintains $650$670 +10.73% Dec 10, 2024
Raymond James
Raymond James
Strong Buy
Reiterates
$675
Strong Buy Reiterates $675 +11.55% Nov 25, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$652$641
Buy Maintains $652$641 +5.93% Nov 1, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
166.29B
from 134.90B
Increased by 23.27%
Revenue Next Year
190.74B
from 166.29B
Increased by 14.70%
EPS This Year
23.04
from 14.87
Increased by 54.94%
EPS Next Year
25.83
from 23.04
Increased by 12.09%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
70.70B85.97B117.93B116.61B134.90B166.29B190.74B214.74B
Revenue Growth
26.61%21.60%37.18%-1.12%15.69%23.27%14.70%12.59%
EPS
6.4310.0913.778.5914.8723.0425.8329.35
EPS Growth
-15.06%56.92%36.47%-37.62%73.11%54.94%12.09%13.63%
Forward PE
-----26.2623.4320.62
No. Analysts -----727157
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 172.3B 205.2B 232.2B
Avg 166.3B 190.7B 214.7B
Low 157.1B 176.2B 195.7B

Revenue Growth

Revenue Growth 202420252026202720282029
High
27.8%
23.4%
21.7%
Avg
23.3%
14.7%
12.6%
Low
16.4%
6.0%
2.6%

EPS Forecast

EPS 202420252026202720282029
High 28.72 31.21 44.28
Avg 23.04 25.83 29.35
Low 20.78 21.56 23.61

EPS Growth

EPS Growth 202420252026202720282029
High
93.1%
35.4%
71.5%
Avg
54.9%
12.1%
13.6%
Low
39.7%
-6.4%
-8.6%
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.