At the current price, Meta seems likely to be a winner over the long term, as it still dominates social media advertising and has proven it's capable of controlling spending when needed. However, the stock is likely to be volatile over the coming months as the spending ramp-up is risky.Meta is a publicly traded company owned by its shareholders. The company's top shareholder is founder and CEO Mark Zuckerberg. He owned almost 350 million shares (13.5% of its outstanding shares) worth more than $120 billion as of early 2024.Fair Value Estimate for Meta
With its 2-star rating, we believe Meta's stock is overvalued compared with our fair value estimate of $400 per share, representing an enterprise value of 11 times our 2024 adjusted EBITDA projection.
What will Meta be worth in 5 years : Long-Term Meta Stock Price Predictions
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 617.20 | 30.93% |
| 2026 | $ 808.09 | 71.42% |
| 2027 | $ 1,058.02 | 124.44% |
| 2028 | $ 1,385.26 | 193.86% |
Is Meta owned by China
Meta Platforms, Inc., doing business as Meta, and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California.
Who owns the most stock in Meta : Vanguard
What percentage of Meta Platforms (META) stock is held by retail investors According to the latest TipRanks data, approximately 34.52% of Meta Platforms (META) stock is held by retail investors. Vanguard owns the most shares of Meta Platforms (META).
Fair Value Estimate for Meta Stock
We expect solid growth in ad revenue during 2024 (17%), followed by 14% growth in 2025, which assumes continuing economic expansion and further increases in Reels monetization.
Meta stock fell more than 10% Thursday, even as the Facebook parent company reported better-than-anticipated sales in its quarterly earnings the day before. The losses appeared to be driven by the company's steep Metaverse losses, and CEO Mark Zuckerberg's commitment to continue that spending.
How high will Meta go in 2024
While 38 have it down as a 'Buy' and two as a 'Strong Buy,' there are also three 'Hold' recommendations in place and one 'Sell. ' The consensus Meta share price forecast is that it could rise 15.36% over the coming year to $509.18 from its $441.38 closing price on April 25, 2024.Meta stock surged after its fourth-quarter earnings report in early February, which showed record sales and was headlined by plans for its first-ever dividend. Meta stock is up more than 45% in 2024.Top 5 Largest Institutional META Shareholders
- Vanguard Group – 186,347,527 Shares – 8.4%
- BlackRock – 157,849,942 Shares – 7.1%
- Fidelity Investments – 134,012,721 shares – 6.037%
- State Street – 89,090,450 Shares – 3.4%
- JP Morgan Chase – 49,077,756 – 1.7%
- Mark Zuckerberg – 345,473,496 Shares – 13.5%
In 2010, he said that he was going to give most of his money to charity. In 2010, he was also named Time's Person of the Year. He was raised Jewish, was an atheist, but thinks different about religion nowadays. In a public Facebook post, Zuckerberg launched the Internet.org project in late August 2013.
How good is Meta stock : The highest analyst price target is $593.00 ,the lowest forecast is $360.00. The average price target represents 11.37% Increase from the current price of $469.15. Meta Platforms's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.
Which ETF owns Meta : According to the screen, the 10 biggest owners of Meta stock are: Fidelity Contrafund FCNTX. Davis Select US Equity ETF DUSA. Invesco S&P 500 Momentum ETF SPMO.
What stocks will skyrocket in 2024
*Based on current CFRA 12-month target prices.
- Nvidia Corp. (NVDA)
- Alphabet Inc. (GOOG, GOOGL)
- Meta Platforms Inc. (META)
- JPMorgan Chase & Co. (JPM)
- Tesla Inc. (TSLA)
- Mastercard Inc. (MA)
- Salesforce Inc. (CRM)
- Advanced Micro Devices Inc. (AMD)
If Meta matches those estimates and continues to grow its bottom line at a compound annual rate of 15% from 2026 to 2030, its EPS could rise to $46.70. If its forward multiple remains roughly the same, in early 2030, its stock could be trading at about $1,120, giving it a market cap of nearly $2.8 trillion.Shares of Mark Zuckerberg-led Meta Platforms slipped 15.57% in extended trade on Wednesday, wiping off around $200 billion from its market value, following the management's commentary suggesting higher expenses for the full year 2024 and continued losses at Reality Labs.
Why did Meta stock crash : Meta Platforms (META) late Wednesday posted first-quarter earnings results that topped expectations, with 27% year-over-year revenue growth. But Meta stock fell sharply as the company gave lower than expected revenue guidance and raised its expectations for spending, citing its artificial intelligence push.