tm
Seeing Is Believing
tm
Seeing Is Believing
META is currently covered by 48 analysts with an average price target of $627.4. This is a potential upside of $61.88 (10.94%) from yesterday's end of day stock price of $565.52.
Meta Platforms .'s activity chart (see below) currently has 1,538 price targets and 1,187 ratings on display. The stock rating distribution of META is 91.46% BUY, 5.7% HOLD and 2.85% SELL.
Analysts average stock forecasts to be materialized ratio is 91.39% with an average time for these price targets to be met of 255.05 days.
Highest price target for META is $811, Lowest price target is $525, average price target is $627.4.
Most recent stock forecast was given by JUSTIN POST from BAML on 31-Oct-2024.
Formerly known as Facebook, is a technology company that generates most of its revenue through advertising. Its Family of Apps segment, which includes Facebook, Instagram, Messenger, and WhatsApp, provides a vast user base for advertisers to reach their target audiences. Advertisers can create ads through Facebook Ads Manager and target specific demographics, interests, and behaviors, making it a highly effective way to reach potential customers. The company’s ability to collect vast amounts of user data allows for highly personalized ads, resulting in increased engagement and conversions.In addition to advertising, Meta Platforms. also generates revenue through other sources. One significant source is payments and other fees from businesses that use its platform to sell products or services. For example, businesses can set up a shop on Facebook or Instagram, allowing users to purchase products without leaving the app. Facebook also charges a transaction fee on these purchases, generating revenue for the company. Additionally, the company generates revenue through subscriptions and other fees for services such as Facebook Workplace, a collaboration platform for businesses.
The Reality Labs segment at Meta Platforms, Inc. also has the potential to generate significant revenue in the future. The segment is focused on developing augmented and virtual reality (AR/VR) technologies, including hardware, software, and content solutions. As AR/VR becomes more mainstream. The company plans to monetize its AR/VR solutions through advertising, subscription-based services, and sales of hardware.
Mark Zuckerberg, along with Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes, founded Meta Platform in 2004. The company initially launched as “The facebook,” a social networking site exclusively for Harvard students, but quickly expanded to other colleges and universities. By the end of 2004, The facebook had one million users.
In 2005, The facebook was renamed Facebook and opened up to high school students and eventually to the general public. Facebook quickly became one of the most popular social networking sites, attracting users from all over the world. In 2008, Facebook launched its advertising platform, Facebook Ads, which quickly became a significant source of revenue for the company.
In October 2021, the company announced that it was changing its name to Meta Platforms, Inc.
Currently out of the existing stock ratings of META, 289 are a BUY (91.46%), 18 are a HOLD (5.7%), 9 are a SELL (2.85%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$660
$105.92 (19.12%)
$630
20 days ago
(31-Oct-2024)
46/48 (95.83%)
$92.42 (16.28%)
303
Buy
$675
$120.92 (21.82%)
$600
20 days ago
(31-Oct-2024)
17/19 (89.47%)
$107.42 (18.93%)
469
Buy
$660
$105.92 (19.12%)
$620
20 days ago
(31-Oct-2024)
13/15 (86.67%)
$92.42 (16.28%)
486
Buy
$635
$80.92 (14.60%)
$620
20 days ago
(31-Oct-2024)
22/24 (91.67%)
$67.42 (11.88%)
228
Sell
20 days ago
(31-Oct-2024)
24/24 (100%)
$45.31 (36.34%)
157
What is META (Meta Platforms .) average time for price targets to be met?
Which analyst has the current highest performing score on META (Meta Platforms .) with a proven track record?
Which analyst has the most public recommendations on META (Meta Platforms .)?
Which analyst is the currently most bullish on META (Meta Platforms .)?
Which analyst is the currently most reserved on META (Meta Platforms .)?
