The TikTok ban is becoming increasingly likely after the appeals court upheld the previous law requiring the company to divest. TikTok is expected to earn $12.3 billion in ad sales in the U.S. in 2024, but the impact on Meta would be bigger due to better monetization. Meta's revenue per minute of user time spent on its platform is significantly higher than TikTok and any diversion of traffic to Meta could lead to a big revenue jump.
Ireland's media regulator has put social media giant Meta on watch over terrorist content takedowns again — it issued a decision against Facebook on Monday. The Coimisiún na Meán said the tech giant would have to take “specific measures” to prevent its services from being used for the dissemination of terrorist content and report back to the regulator on the measures taken.
Social media firms have been told they have one final chance to tighten up on criminal activity and abuse on their platforms. A new online safety act came into force today, requiring platforms such Meta's Facebook and TikTok to have new safeguards in place by 16 March 2025.
With 2025 just around the corner, some people may be sitting on a lump of cash they'd like to deploy to the market. It doesn't matter if it's $50 or $50,000; most brokerages give investors access to fractional shares so they can buy the same stocks as someone with a much larger account balance can (just in smaller quantities).
A contractor hired by Facebook's parent company Meta dismissed threats to content moderators by Ethiopian rebels angered by their work, according to new evidence filed in a case challenging the dismissal of dozens of moderators in Kenya.
Meta has rebounded significantly, returning over 88% in the last 12 months. The faced challenges, including slow user and revenue growth, of the last few years seem to be largely solved. Despite risks like heavy Metaverse investments and dependency on device manufacturers, the company could still be at attractive levels.
A stock split can be a signal from a company's management that it expects the recent strong price performance of its stock to continue into the future. Splitting shares won't change the fundamentals of the underlying business, but it can make the stock price more manageable for things like stock-based compensation and options trading.
Meta Platforms is urging California's attorney general to block OpenAI's planned conversion to a for-profit company, the Wall Street Journal reported on Friday.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Investors in Meta Platforms Inc. META may be eyeing potential gains from the company's dividends.
Formerly known as Facebook, Meta Platforms Inc. (NASDAQ: META) is now a household name because of the foundational success it experienced in social media. But it has been over a decade since its IPO on May 18, 2012, As the only company in the ‘Magnificent Seven’ that has yet to undergo a stock split, an investor who purchased $1000.00 worth of META stock on the day it went public at $38.00 per share would now be sitting on an investment worth $16611.18, good for a gain of 1561.12%. But since its IPO date, a lot has changed. For starters, on Feb. 1, 2024, the company announced — alongside authorizing a $50 billion stock buyback — that shares of META would begin paying a dividend. And while its current yield of 0.32% may not seem like much, at its current price, that equates to $0.50 per share quarterly, or $2.00 per share annualized. META is the dominant player in the social media landscape but it is now branching out more broadly into tech, and specifically, the artificial intelligence (AI) space. It is the latter that the company is most heavily investing in now, and for that reason, it is also the primary driver of 24/7 Wall Street price predictions and forecasts for 2025-2030. Key Points in This Article: “Meta AI is on track to be the most used AI assistant in the world by the end of the year,” according to CEO Mark Zuckerberg. 24/7 Wall Street projects a 57.63% upside potential for the stock through the end of the decade. If you’re looking for a megatrend with massive potential, make sure to grab a complimentary copy of our “The Next NVIDIA” report. The report includes a complete industry map of AI investments that includes many small caps. Recent Meta Stock Updates and News 12/12/2024 Meta has donated $1 million to the inaugural fund of President-elect Donald Trump. Interestingly, just a few months ago Trump also threatened to send Zuckerberg to prison for life. 12/11/2024 The Australian government has successfully compelled Meta to adhere to the News Media Bargaining Code, requiring the company to continue compensating Australian publishers for their journalism. 12/9/2024 Prosecutors in Italy have concluded an investigation into Meta for alleged tax evasion of €887.6 million, which was centered around two executives of Meta’s Irish unit. Next, the prosecutors will file a formal request for trial unless the accused can successfully prove their innocence. 12/6/2024 Meta reached a new all-time high today following a U.S. appeals court ruling. The court upheld a law mandating that ByteDance, TikTok’s Chinese owner, divest the app by early 2024 or face a potential ban. This decision could potentially boost Meta due to a decline in TikTok’s user base and advertising revenue. 12/5/2024 Meta announced a new partnership with filmmaker James Cameron’s technology company, Lightstorm Vision. This collaboration aims to revolutionize the way 3D entertainment is experienced on Meta Quest VR headsets. 12/3/2024 Meta’s shares are surging today, hitting a new all-time high. The stock rose above its previous record of $601.20. 11/27/2024 Meta experienced a 1.5% decline today after COO Javier Olivan sold 413 shares at an average price of $562.77. 11/26/2024 Orange S.A. is partnering with OpenAI and Meta to bring AI-powered language models to African languages. The initiative will initially focus on West African languages and aims to launch in the first half of 2025. 11/25/2024 Meta Platforms is scheduled to face trial on April 14th in a long-standing antitrust lawsuit filed by the Federal Trade Commission (FTC) to dismantle the company. U.S. District Judge James Boasberg ruled today that the trial will proceed in Washington next year. 11/22/2024 The U.S. Supreme Court has rejected Meta’s appeal to dismiss a major class-action lawsuit brought by investors. The lawsuit, which seeks billions of dollars in damage, will be allowed to proceed. 11/21/2024 Meta has taken action against over 2 million accounts involved in “pig butchering” scams, which deceive users into investing in non-existent ventures. Meta Platforms’ 10-Year Market Smashing Results Here’s a table summarizing the performance in share price, revenues, and profits (net income) of META stock from 2014 to 2024: Share Price Revenues Net Income 2014 $80.78 $12.466 $2.940 2015 $104.66 $17.928 $3.688 2016 $115.05 $27.638 $10.217 2017 $176.46 $40.653 $15.934 2018 $133.20 $55.838 $22.112 2019 $208.10 $70.697 $18.485 2020 $273.16 $85.965 $29.146 2021 $336.35 $117.929 $39.370 2022 $120.34 $116.609 $23.200 2023 $353.96 $134.902 $39.098 TTM $517.77 $161.579 $55.042 Revenue and net income in %billions Over the past decade, Meta Platforms’ revenue has grown 1,196.16% from $12.466 billion to over $161 billion over its trailing 12 months (TTM), while its net income went from $2.940 billion to over $55 billion TTM during the same period, good for an increase of 1,772.18%. The primary driver of that growth over the past 10 years has been ad space for the company’s social media platforms, which include Facebook, Instagram, Threads, Reel, and WhatsApp, among others. While Meta Platforms has branched out into augmented reality and virtual reality — a business segment it refers to as Reality Labs — 99% of its revenue generation comes from its Family of Apps business segment, as of year-end 2023. But as the company looks to the second half of the decade, Zuckerberg and the company will focus on a few key focus areas that will have a large impact on Meta Platforms’ stock performance. Key Drivers of Meta Platforms’ Stock Performance AI Investment: Founder and CEO, Mark Zuckerberg announced that Meta Platforms “released the first frontier-level open source AI model, we continue to see good traction with our Ray-Ban Meta AI glasses, and we’re driving good growth across our apps.” While the market for Meta’s social media advertising remains healthy and continues to drive the majority of the company’s revenue, it is focusing heavily on AI investments to expand through the end of the decade. Price-per-ad revenue saw a 10% year-over-year gain, and that success will fund its AI spending aimed at future growth. The company said shareholders should expect between $37 billion and $40 billion in capital expenditures this year that will fund a data center capable of powering its AI initiatives. That is likely to continue into next year, with CFO Susan Li stating that the META expects “significant capital expenditure growth in 2025 as we invest to support our artificial intelligence research and product development efforts.” Continued Renewable Energy Development: According to the company’s net zero plan, which it is aiming to achieve by 2030, “Since 2020, Meta’s global operations have been supported by 100% renewable energy. As of 2023, we have 10,000MW of contracted renewable energy across 6 countries.” As part of its net zero plan, Meta Platforms’ reliance on renewable energy will ultimately decrease the cost of its utility expenses, and ultimately, its carbon footprint through contracted and self-employed green technologies. Renewables already cost less than fossil fuel energy sources, and according to Canary Media, “By 2030, technology improvements could slash today’s prices by a quarter for wind and by half for solar.” The company has announced that its goal for its forthcoming data center is that it is 100% sustainable and net zero. Focusing on Growing Free Cash Flow: Zuckerberg coined the 2023 Meta Platforms “year of efficiency,” and their results were staggering. By year-end, the company recorded a record free cash flow of $43 billion. That is up from $21 billion in 2019, marking a nearly 105% increase in its cash position in four years. Meta’s free cash flow TTM stands at $49.74, showing that its focus on its bottom line is driving decisions from the top down and has increasingly strong results. Meta Platforms (META) Stock Price Prediction in 2025 The current consensus one-year price target for Meta Platforms is $597.50, which represents a -5.93% upside potential from today’s share price of $635.17. Of all the analysts covering META stock, it receives a consensus “Buy” rating with a score of 1.5, with 1 being the strongest “Buy” rating and 5 being the strongest “Sell” rating. 24/7 Wall Street’s forecast projects Meta Platforms’ stock price to be $603 by the end of 2025, based on the company’s ability to sustain its strong ad revenue while increasing efficiency, which in turn will drive its bottom line despite capital expenditures increasing toward its AI objectives. Meta Platforms Price Estimates 2025-2030 Year Revenue Net Income EPS 2024 $161.579 $54.960 $21.18 2025 $183.459 $62.250 $24.12 2026 $205.257 $70.680 $27.71 2027 $226.332 $78.258 $30.42 2028 $245.319 $85.912 $32.38 2029 $268.306 $97.044 $36.54 2030 $274.947 $91.227 $39.70 Revenue and net income in $billions How META’s Next 5 Years Could Play Out We estimate the price per share of Meta Platforms to be $692 with revenue jumping over $200 billion for the first time in 2026. EPS expectations are for $27.71 annualized. That stock forecast represents a gain of 9.38% over today’s share price. In 2027 we expect META’s stock price to reach $760 with net income increasing to $78 billion on the back of free cash flow exceeding $60 billion for the first time. That stock price represents a 20.12% increase over today’s share price. 24/7 Wall Street forecasts that META’s share price will reach $809 by the end of 2028, as free cash flow surpasses $70 billion. That price per share represents a 27.87% increase from where the stock is trading today. Then in 2029, we estimate that Meta Platforms will reach $79.262 billion in free cash flow, $97.044 billion in net income and over $268 in revenue resulting in a price per share of $914, or 44.46% upside potential from today’s share price. META’s Price Target for 2030 By the end of the start of the next decade, we forecast that META’s stock price will reach $995.00, or 57.27% higher than it is trading for today, despite estimates that net income will pull back slightly from over $97 billion to over $91 billion. Revenue growth will continue, with an estimated 2.48% year-over-year increase from 2029. Year Price Target % Change From Current Price 2024 $530 -16.23 2025 $603 -4.69% 2026 $692 9.38% 2027 $760 20.12% 2028 $809 27.87% 2029 $914 44.46% 2030 $995 57.27% Revenue and net income in $billions “The Next NVIDIA” Could Change Your Life If you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over. The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.” Click here to download your FREE copy. The post Meta Platforms (META) Price Prediction and Forecast 2025-2030 appeared first on 24/7 Wall St..
Meta said on Thursday it was releasing an artificial intelligence model called Meta Motivo, which could control the movements of a human-like digital agent, with the potential to enhance Metaverse experience.