Meta Platforms Stock and Analysts' Price Targets
Current Stock Price and Financial Information
As of today, Meta Platforms Inc.'s (META) stock price on the Nasdaq is $422.65. You can find live stock quotes, financial information, technical analysis, and real-time forecasts on CNN Business.
Analysts' Price Targets for META
According to RBC Capital Markets, META is rated "Outperform" with a price target of $600. This indicates that analysts believe the stock has the potential to outperform the broader market over the long term.
Goldman Sachs also has a favorable outlook for Meta Platforms. They expect the company to continue to benefit from growth in digital advertising and other segments.
The average 12-month price target among 42 analysts covering META is $464.83, with a low target of $385 and a high target of $555.
Short-Term Price Targets
Based on short-term price targets projected by 40 analysts, the average price target for META is $523.35. This suggests that analysts are expecting the stock to experience moderate growth in the near term.
It's important to note that these price targets are based on analysts' estimates and can change over time. Investors should always conduct their own research and consult with financial professionals before making any investment decisions.
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