Right now, sell-side consensus calls for Meta Platforms to report earnings of $14.80 per share in 2024, and $16.98 per share in 2025. Moderate success in AI, with Reels, and even with its metaverse efforts could help the company hit the high-end of analyst earnings forecasts for the next two years. The aforementioned catalysts are likely enough to drive further gains, even if they fail to fully play out. Having said this, a continued surge for META doesn’t hinge on an outright TikTok ban in the U.S. This would undoubtedly benefit Meta Platforms, both in terms of market share and revenue. I wouldn’t base a purchase of this stock on it, but if this ban holds up in court, it could pave the way for other state-level bans of the platform. With this, the company is now starting to “cash the check” by monetizing this feature.Īs you may have just heard, the governor of Montana recently signed into law the first state-level ban of TikTok in the U.S. The rollout of the Reels feature on Facebook and Instagram has already resulted in increased engagement. The latest in its rivalry with TikTok may also signal a growth resurgence for Meta’s flagship platforms. As Louis Navellier recently discussed, Meta, which has already built-out its artificial intelligence ( AI) infrastructure, may be able to quickly capitalize on this emerging trend. Alongside this factor, there are other potential tailwinds/growth catalysts. In 2021, the company reported earnings of $13.77 per share, versus $8.59 per share reported for the full-year 2022. This alone could get Meta Platforms back to its high-water mark of profitability. Why? For starters, economic conditions, which have negatively affected digital advertising demand since last year, could normalize over the next few quarters.
Even so, this positive shift in the underlying story with the company may be poised to continue playing out. Meta Platforms has made major progress turning itself into a lean, mean, profit-making machine. What could lead to these additional gains? Let’s dive in and find out. Shares could add to recent gains in a big way, although chances are these additional gains would arrive much more gradually. InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, while improvements to fiscal discipline are already likely reflected in Meta’s valuation, don’t assume that it’s middling returns from here following a “one and done” comeback for the stock. These include the implementation of widescale layoffs, as well as the company’s scaling back of its metaverse plans. Since last November, when META stock briefly traded for as low as $88.09 per share, this social media play has appreciated in value by over 176%.Īs I have noted previously, this comeback for shares in the Facebook and Instagram parent has been driven by success with cost-saving measures. Meta Platforms Inc.Since the start of the year, Meta Platforms (NASDAQ: META) stock has nearly doubled in price. If you want to learn more about Meta Platforms visit their website at If you are good with personal finance and are looking to invest, you will find the Meta Platforms on NASDAQ stock exchange. Always read up on optimal investment strategies if you are new to investing. Trading in bear markets is always harder so you might want to avoid these stocks if you are not a veteran. Since this share has a negative outlook we recommend looking for other projects instead to build a portfolio. Our Ai stock analyst implies that there will be a negative trend in the future and the META shares are not a good investment for making money.
Currently there seems to be a trend where stocks in the Communication Services sector(s) have been popular in this period. According to present data Meta Platforms's META shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Recommendations: Buy or sell Meta Platforms stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the Meta Platforms share forecasts, stock quote and buy / sell signals below.
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