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Bank of America analysts on Thursday raised its price target on the stock to $630. JPMorgan expects Meta shares to rise even higher, to $640, while Jefferies reiterated its price target of $600.
The core Consumer Price Index (CPI) rose by 3.2% in December, slightly lower than the 3.3% economists had forecast. ... Meta stock jumped after it announced a large workforce reduction at the end ...
Despite the market's dour mood on Friday, shares of Meta Platforms (NASDAQ: META) rallied, gaining as much as 3.1%. As of 3:03 p.m. ET, the stock was still up 1.9%. It was not one catalyst that ...
Facebook and Instagram parent Meta Platforms (NASDAQ: META) experienced incredible share-price gains over the past year. Last August, the stock was at a 52-week low of $274.38, but in July of this ...
The company boasts billions of daily active users.
Assuming its earnings do hit $28.17 per share in 2026, and it trades at 30 times forward earnings at that time (in line with the Nasdaq-100 index's forward earnings multiple), its stock price ...