Meta Stock Forecast-Analyst Coverage:
In a research report released Monday, December 12th, Guggenheim Securities updated their coverage on Meta Inc. (META:NSD) by raising the 12-month Meta stock forecast target price to $130 from $125 and maintained the “Buy” rating.
META Stock Forecast & Price:
According to 43 analysts’ stock projections for Meta Platforms Inc., the company’s average 12-month analyst target price is USD 182.93. The typical analyst recommendation for Meta Platforms Inc. is a Strong Buy.
Meta stock forecast analysis by Stock Target Advisor is bullish, and it is based on 10 positive signs and 4 negative signals. The stock price of Meta Platforms Inc. was USD 115.90 at the most recent closing.
The stock price of Meta Platforms Inc. has changed by -6.15% over the previous week, +2.55% over the previous month, and +646.78% over the previous year.
The consensus Crowd Rating on the stock is set at a Hold rating.
Fundamental Analysis Score:
Meta Inc. scored a Bullish overall rating of 7.1 out of 10 for its stock fundamentals.
About Meta Inc. (META:NSD):
Meta Platforms, Inc. creates goods that let users interact and exchange content with friends and family across the globe using smartphones, laptops, virtual reality headsets, wearable technology, and in-home gadgets.
Reality Labs and Family of Apps are its two operational divisions. Facebook, which enables users to share, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages; Messenger, a messaging app that allows users to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging app that lets users send and receive text messages and voice and video calls.
The Reality Labs division offers augmented and virtual reality-related goods, including gear, software, and content that promote connectivity at all times and places.
In October 2021, the business changed its name from Facebook, Inc. to Meta Platforms, Inc. Menlo Park, California serves as the corporate headquarters for Meta Platforms, Inc.