- Blue Whale Capital LLP, backed by Peter Hargreaves, exits Meta and Microsoft, focusing on Nvidia amid market volatility.
- Analysts forecast a potential upside of 43.85% for Meta, supported by robust price targets.
- Meta's current valuation appears slightly over its estimated GF Value, suggesting caution to investors.
Blue Whale Capital LLP, underpinned by the investment acumen of billionaire Peter Hargreaves, has strategically divested from its holdings in Meta Platforms Inc. (META, Financial) and Microsoft Corporation (MSFT). The decision emerges from apprehensions regarding U.S. tariffs and significant investments in artificial intelligence. Interestingly, the fund has bolstered its position in Nvidia Corporation (NVDA), viewing the recent 24% decline in its stock during 2024 as an attractive opportunity.
Wall Street Analysts' Insights
In the realm of analyst projections, Meta Platforms Inc. (META, Financial) stands with an optimistic outlook. The average price target from 62 analysts positions Meta at $721.36, stretching to a high of $935.00 and a low of $260.00. This average target hints at a promising 43.85% upside from its current trading price of $501.48. For an in-depth analysis, investors can explore the Meta Platforms Inc (META) Forecast page.
The consensus recommendation from 72 brokerage firms categorizes Meta's current status as "Outperform" with an average recommendation score of 1.8 on a scale from 1 to 5, where 1 symbolizes a Strong Buy and 5 indicates a Sell.
Evaluating Meta's Valuation
From the perspective of GuruFocus metrics, the projected GF Value for Meta is set at $491.20 over the next year, reflecting a potential downside of 2.05% relative to its present price of $501.48. This GF Value represents GuruFocus' calculated estimate of the stock's fair market value, derived from historical trading multiples, past growth trajectories, and future performance projections. Investors seeking further details are encouraged to visit the Meta Platforms Inc (META, Financial) Summary page.
