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Stock price of meta forecast analysts reviewing the stock price of
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Analysts reviewing the stock price of Meta forecast underscore that Meta’s share buyback program has created downward pressure on float supply, potentially accelerating price appreciation. Of course, recent weeks have been a bit bumpier. In the past month, Meta’s stock dipped by 2.4%, and it is down 4.2% over the last week. Some of that may be nerves around heightened regulatory and legal risks, especially after a U.S. judge let lawsuits proceed over Meta’s connection to gambling apps. Meanwhile, there’s also excitement: Meta just inked a deal with CoreWeave for up to $14.2 billion in computing power and is reportedly acquiring chips startup Rivos to advance its AI strategy. Combine that with fresh competition as Apple shifts its focus to smart glasses, and you have a cocktail of innovation and risk reshaping the narrative. Before you buy stock in Meta Platforms, consider this: The stock price of Meta forecast suggests a bullish trend in Q3 2024, driven by stronger ad revenue projections and AI-driven monetization. Analysts from Goldman Sachs estimate Meta’s price could target $540 if EPS grows beyond $5.