- Meta Platforms (META, Financial) shares have declined for seven consecutive days, impacted by regulatory challenges.
- Analysts provide a mixed outlook with an average price target suggesting nearly 49% upside potential.
- GuruFocus estimates indicate a modest 1.27% increase in fair value.
Meta Platforms Inc. (META), a leading player in the social media landscape, has recently seen its shares decline for the seventh consecutive day. The stock fell by 3.69% to $483, accumulating a loss of over 8% since April 10. This downturn has been largely influenced by ongoing Federal Trade Commission (FTC) trials concerning its acquisitions of WhatsApp and Instagram. Analysts have expressed diverse opinions regarding the future prospects of the company.
Wall Street Analysts Forecast
Analysts remain optimistic about Meta Platforms Inc.'s potential despite recent challenges. According to data from 62 analysts, the average one-year price target is set at $719.98, with projections ranging from a high of $935.00 to a low estimate of $260.00. This average target suggests a robust upside of 48.83% from the current price of $483.77. Investors seeking more detailed estimates can explore the Meta Platforms Inc (META, Financial) Forecast page for additional insights.
Supported by consensus recommendations from 72 brokerage firms, Meta Platforms Inc.'s average recommendation currently stands at 1.8, which indicates an "Outperform" status on a scale where 1 signifies a Strong Buy and 5 denotes a Sell.
GuruFocus Estimates
According to GuruFocus estimates, the GF Value for Meta Platforms Inc. in one year is projected at $489.93. This estimation points to a modest potential upside of 1.27% from the current price. The GF Value represents GuruFocus' insight into the fair value at which the stock should be traded, taking into account historical trading multiples, past business growth, and future performance forecasts. For an in-depth analysis, visit the Meta Platforms Inc (META, Financial) Summary page.
