Meta Platforms Stock Forecast

Stock Price Forecast

The 39 analysts with 12-month price forecasts for Meta Platforms stock have an average target of 493.13, with a low estimate of 285 and a high estimate of 610. The average target predicts an increase of 11.36% from the current stock price of 442.83.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$285	$493.13	$510	$610
Change	-35.64%	+11.36%	+15.17%	+37.75%

Analyst Ratings

The average analyst rating for Meta Platforms stock from 41 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	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	23	23	24	22	21	22
Buy	20	20	20	19	19	15
Hold	1	1	2	2	2	3
Sell	1	1	1	1	1	1
Strong Sell	1	1	1	1	0	0
Total	46	46	48	45	43	41

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ronald Josey Citigroup	Citigroup	Strong Buy Maintains $590 → $550	Strong Buy	Maintains	$590 → $550	+24.20%	Apr 25, 2024
Ross Sandler Barclays	Barclays	Buy Maintains $550 → $520	Buy	Maintains	$550 → $520	+17.43%	Apr 25, 2024
Michael Morris Guggenheim	Guggenheim	Strong Buy Maintains $520 → $500	Strong Buy	Maintains	$520 → $500	+12.91%	Apr 25, 2024
John Blackledge TD Cowen	TD Cowen	Strong Buy Maintains $590 → $530	Strong Buy	Maintains	$590 → $530	+19.68%	Apr 25, 2024
Youssef Squali Truist Securities	Truist Securities	Strong Buy Maintains $550 → $535	Strong Buy	Maintains	$550 → $535	+20.81%	Apr 25, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

161.41B

from 134.90B

19.65%

from 134.90B

Revenue Next Year

181.86B

from 161.41B

12.67%

from 161.41B

EPS This Year

20.42

from 14.87

37.34%

from 14.87

EPS Next Year

23.62

from 20.42

15.64%

from 20.42

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	70.70B	85.97B	117.93B	116.61B	134.90B	161.41B	181.86B	202.76B	206.32B	225.44B
Revenue Growth	26.61%	21.60%	37.18%	-1.12%	15.69%	19.65%	12.67%	11.49%	1.75%	9.27%
EPS	6.43	10.09	13.77	8.59	14.87	20.42	23.62	27.01	26.56	29.74
EPS Growth	-15.06%	56.92%	36.47%	-37.62%	73.11%	37.34%	15.64%	14.37%	-1.66%	11.95%
No. Analysts	-	-	-	-	-	63	60	31	8	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	172.7B	204.8B	240.5B	229.3B	253.0B
Avg	161.4B	181.9B	202.8B	206.3B	225.4B
Low	148.3B	157.2B	179.1B	185.4B	197.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	28.0%	26.9%	32.2%	13.1%	22.6%
Avg	19.6%	12.7%	11.5%	1.8%	9.3%
Low	9.9%	-2.6%	-1.5%	-8.6%	-4.3%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	26.18	29.83	36.54	32.52	31.78
Avg	20.42	23.62	27.01	26.56	29.74
Low	15.48	16.76	21.19	22.20	27.58

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	76.0%	46.1%	54.7%	20.4%	19.7%
Avg	37.3%	15.6%	14.4%	-1.7%	11.9%
Low	4.1%	-17.9%	-10.3%	-17.8%	3.8%

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.