Meta stock
Meta reported a net income of 44 billion falling 52 year over year. Meta Platforms stock has received a consensus rating of buy.
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. Meta Platforms Inc. Metas stock has been among the worst in tech this year crashing and burning 61 so far while the broader SP 500 index SPX -074 has declined 19 in 2022. META today reported financial results for the quarter ended September 30 2022.
Last modified on Wed 26 Oct 2022 1757 EDT. Shares in Meta dropped on Wednesday after the company announced mixed results in its third quarter earnings report. According to 63 analysts the average rating for META stock is Buy The 12-month stock price forecast is 22503 which is an increase of 7347 from the latest price.
Analyst Brian Nowak slashed his price target to 105 from 205. According to 63 stock analysts the average 12-month stock price forecast for META stock is 22503 which predicts an increase of 7466. Meta reported net income of 44 billion or 164 per share cratering 49 year over year and falling short of expectations for 189 per share.
As of Apr. The stock represents one vote per share and trades under the ticker META on. MetaStock is software designed by traders for traders.
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The average rating score is and is based on 72 buy ratings 22 hold ratings and 2 sell ratings. Morgan Stanley downgraded the stock Thursday citing higher spending. This suggests a possible.
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Morgan Stanley downgraded Meta. 22 2022 Meta had 2293518778 shares of class A common stock outstanding. Facebook founder Mark Zuckerberg has seen his net worth slashed by more than 100 billion this year according to Bloombergs.
Earnings per share for the quarter came in at 164 below analyst estimates of 189. Stock news by MarketWatch. Their META share price forecasts range from 14000 to 37500.
Stock Price Forecast. Get the latest Meta Platforms Inc META real-time quote historical performance charts and other financial information to help you make more informed trading and investment decisions. He expects the companys issues to.
On average they expect the companys share price to reach 23207 in the next year. Meta loses its buy rating from Morgan Stanley after blowing past spending forecasts and casting doubt on strong cash flow in 2023. 27 2022 939 AM PDT.
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