META - Meta Platforms . - Stock Forecast

Coverage Profile Performance Price Targets & Ratings Chart Insider Trading

META is currently covered by 47 analysts with an average price target of $551.45. This is a potential upside of $51.69 (10.34%) from yesterday's end of day stock price of $499.76.

Meta Platforms .'s activity chart (see below) currently has 1,318 price targets and 1,071 ratings on display. The stock rating distribution of META is 88% BUY, 10.15% HOLD and 1.85% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 93.6% with an average time for these price targets to be met of 257.21 days.

Highest price target for META is $585, Lowest price target is $350, average price target is $551.45.

Most recent stock forecast was given by JASON HELFSTEIN from OPPENHEIMER on 08-Apr-2024.

Revenue Sources

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.

Virtual Reality

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.

History

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, 286 are a BUY (88%), 33 are a HOLD (10.15%), 6 are a SELL (1.85%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Buy

585

$65.75 (12.66%)

525

13 days ago

43/44 (97.73%)

$65.75 (12.66%)

293

Buy

585

$65.75 (12.66%)

125

13 days ago

6/7 (85.71%)

$65.75 (12.66%)

120

Buy

585

$65.75 (12.66%)

455

17 days ago

39/40 (97.5%)

$74.08 (14.50%)

413

Buy

500

$-19.25 (-3.71%)

500

1 months 3 days ago

20/20 (100%)

$3.02 (0.61%)

245

Buy

575

$55.75 (10.74%)

435

2 months 12 days ago

9/10 (90%)

$107.39 (22.97%)

427

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What is META (Meta Platforms .) average time for price targets to be met?

On average it took 257.21 days on average for the stock forecasts to be realized with a an average price target met ratio 93.6

Which analyst has the current highest performing score on META (Meta Platforms .) with a proven track record?

IVAN FEINSETH

Which analyst has the most public recommendations on META (Meta Platforms .)?

Ivan Feinseth works at TIGRESS PARTNERS and has 8 price targets and 6 ratings on META

Which analyst is the currently most bullish on META (Meta Platforms .)?

Kevin Rippey with highest potential upside - $208.26

Which analyst is the currently most reserved on META (Meta Platforms .)?

Simon Baker with lowest potential downside - -$439.25

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