tm
Seeing Is Believing
tm
Seeing Is Believing
META is currently covered by 52 analysts with an average potential upside of $42.84 (22.69%) backed by displayed 1,101 price targets and 1,053 ratings.
Analysts average stock forecasts to be materialized ratio is 83.06% with an average time for these price targets to be met of 228.35 days.
Highest price target for META is 345, Lowest price target is 98, average price target is 221.5.
Most recent stock forecast was given by MICHAEL PACHTER from WEDBUSH on 22-Aug-2023. First documented stock forecast 30-Aug-2012.
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 - 277 which are a Buy (79.83%), 65 which are a Hold (18.73%), 5 which are a Sell (1.44%)
Analyst name
Rating
Current price target
Potential distance
Previous price target
Date
Price targets met ratio
Average potential upside
Average time for PT to be met
Performance score
Buy
350
$50.33 (16.80%)
375
30 days ago
26/27 (96.3%)
$60.68 (33.22%)
473
Buy
350
$50.33 (16.80%)
220
30 days ago
3/4 (75%)
$33.6 (12.49%)
183
Buy
400
$100.33 (33.48%)
400
1 months 3 days ago
6/13 (46.15%)
$69.88 (27.50%)
215
Buy
375
$75.33 (25.14%)
320
1 months 3 days ago
15/16 (93.75%)
$42.65 (24.19%)
369
Sell
1 months 19 days ago
10/10 (100%)
$22.54 (15.95%)
143
What is META average time for price targets to be met?
Which analyst has the current highest performing score on META with a proven track record?
Which analyst has the most public recommendations on META?
Which analyst is the currently most bullish on META?
Which analyst is the currently most reserved on META?
