Meta Platforms (META) Stock Forecast for 2024. Meta Prediction







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Meta Platforms, Inc. (META) Stock Forecast for 2024. Meta Shares Prediction

Updated: October 12, 2024 (10:46)

Sector: Communication services

The share price of Meta Platforms, Inc. (META) now

What analysts predict: $589.87
52-week High/Low: $602.95 / $278.56

50/200 Day Moving Average: $535.61 / $484.35

This figure corresponds to the Average Price over the previous 50/200 days. For Meta Platforms stocks, the 50-day moving average is the resistance level today.

For Meta Platforms stocks, the 200-day moving average is the resistance level today.

Are you interested in Meta Platforms, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Meta Platforms stock price in 2024. How much will one Meta Platforms share be worth in 2024? Is it worth taking profit / loss on META stock now or waiting? What are analysts' forecasts for Meta Platforms stock?

We forecast Meta Platforms stock performance using neural networks based on historical data on META stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. This corporation stock prediction results are shown below and presented as a graph, table and text information.

Meta Platforms, Inc. stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Meta Platforms analysts is $589.87. Today 200 Day Moving Average is the support level (484.35 $). 50 Day Moving Average is the support level (535.61 $).




Historical and forecast chart of Meta Platforms, Inc. stock

The chart below shows the historical price of Meta Platforms stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the META stock price can be found in the table below.


Meta Platforms (META) Forecast for 2024

Month Target Pes. Opt. Vol., %
Nov 595.79 579.41 644.29 10.07 %
Dec 567.61 525.15 609.44 13.83 %

Meta Platforms information and performance

Meta Platforms Address

1601 WILLOW ROAD, MENLO PARK, CA, US

Market Capitalization: 1 476 984 832 000 $

Market capitalization of the Meta Platforms, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of META shares in the company outstanding by the market price of one share.

EBITDA: 74 774 004 000 $

EBITDA of Meta Platforms is earnings before interest, income tax and depreciation of assets.

PE Ratio: 29.86

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 1.041

Price/earnings to growth

DPS: 1

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0034

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 19.55

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: 0.732
Quarterly Revenue Growth YOY: 0.221
Trailing PE: 29.86

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 24.51

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 9.84

Enterprise Value (EV) /Revenue

EV To EBITDA: 20.0

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 2184730000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Meta Platforms price target for 2024 by month


Target values for the price of one Meta Platforms share for Nov 2024.

The weighted average target price per Meta Platforms share in Nov 2024 is: 595.79.
In Nov, the Positive dynamics for Meta Platforms, Inc. shares will prevail with possible monthly volatility of 10.070% volatility is expected.
Pessimistic target level: 579.41
Optimistic target level: 644.29

Target values for the price of one Meta Platforms share for Dec 2024.

The weighted average target price per Meta Platforms share in Dec 2024 is: 567.61.
In Dec, the Negative dynamics for Meta Platforms, Inc. shares will prevail with possible monthly volatility of 13.831% volatility is expected.
Pessimistic target level: 525.15
Optimistic target level: 609.44



Meta Platforms (META) stock dividend

Meta Platforms last paid dividends on 09/16/2024. The next scheduled payment will be on 09/26/2024. The amount of dividends is $1 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.


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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.