Meta Platforms is speculated to experience a
significant uplift by
2025, based on historical data.
Price targets are increased amid its 'deepest' AI product cycles.
SoundHound AI is making new highs, while Meta tests a key level. The company's chief legal officer and other insiders have been selling stocks in the meantime, leading to a slight decrease in
stock performance. Despite this, Meta remains a promising contender in the tech pack, standing second to Nvidia's 183% year-to-date growth. Its stock also outperforms competitors on certain days.
Meta is currently a favorite of billionaire D.E. Shaw and many Wall Street's analysts. CEO Mark Zuckerberg recently sold shares worth $21.5 million, yet it remains one of the most held stocks by
hedge funds. There are whispers about
AI-native devices and
display plans for Ray-Ban glasses. Multiple brokerage firms recommend the stock for long-term growth.
Nvidia and Meta are top picks at Rosenblatt, and there is a positive expectation of a potential
stock split in 2025. However, the risk of a potential
TikTok ban highlights a potential vulnerability.
Meta Platforms Stocks News Analytics from Mon, 05 Aug 2024 07:00:00 GMT to Sat, 28 Dec 2024 14:28:42 GMT -
Rating 5
- Innovation 7
- Information 7
- Rumor 3
