META Price target of 543

AVPK729
07-31

Based on the trend Meta was on pre-covid, and after the fall in share price after heavy investment in the Metaverse, we are seeing Meta share price come back to fair valuations.

Especially when the management has shifted focus to investing heavily on H1000 GPUs form Nvidia, and currently have the largest order for GPUs in the industry.

Compared to the Metaverse investment, there is a more ready market for AI products, especially for Advertising usecases, which is Meta's core business.

Based on these macro economic factors as well as where the trendlines intersect, it would be realistic to expect Meta's share price to reach $540 by Nov 2024.$Meta Platforms, Inc.(META)$  

Modified in.07-31
Meta Quest 3S Launch: Sell the News or Catch the Rally?
At its Connect conference, Meta unveiled the latest generation of its VR headset. Quest 3S will be available on October 15, with a starting price of $299, lower than the $499 starting price of the Quest 3 in 2023. A Meta representative explained that the "S" in Quest 3S stands for "Start," signifying that this device aims to make VR more accessible to the general consumer. ---------------- With Meta hitting all-time-high in yesterday's trading, would you sell the news or catch the rally of Meta?
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Comments

  • snugglo
    08-01
    snugglo

    $600 bid by the end of August. Then the split will take us to $800 post-split. Bears inconsolable.

  • zinglee
    08-01
    zinglee

    Earnings up 22% from 1 year ago. Not many companies can say that in this economy. META can.

  • frosti
    08-01
    frosti

    Earnings just too good, and very undervalued compared to other big tech

  • dimpy
    08-01
    dimpy

    I bought some because I think META will benefit big time from the Nov election.

  • Sapravi6
    08-01
    Sapravi6
    i am going to sell meta vertical 490/480 put option at 1.41+ premium for target 0.51
  • AVPK729
    10-30
    AVPK729
    I would say I was bang on about my forecast. Hope you guys made some gains.
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