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
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 '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
---|---|---|---|---|---|---|
Strong Buy | 20 | 20 | 22 | 22 | 22 | 22 |
Buy | 16 | 17 | 16 | 17 | 17 | 17 |
Hold | 2 | 2 | 2 | 3 | 3 | 3 |
Sell | 2 | 2 | 2 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 40 | 41 | 42 | 44 | 44 | 44 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
High | 27.8% | 23.4% | 21.7% | |||
Avg | 23.3% | 14.7% | 12.6% | |||
Low | 16.4% | 6.0% | 2.6% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
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.