META Platforms Inc. stock closed Thursday’s bell at $567 and surged 4 points in the day’s trade. The leading tech stock has delivered phenomenal returns in 2024 as it spiked 64% year-to-date. It entered January at $346 and climbed above the $400 mark in February. The YTD chart shows a steady rise with only a few dips that acted as a buying opportunity for investors.
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META’s 2030 Price Prediction & Investment Potential
Will META stock continue the rally in the coming years and deliver massive profits by 2030? In this article, we will highlight a price prediction for META for 2030 so you can decide whether to invest in the tech stock.
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Bullish Forecast for META Stock by 2030
Source: AFP
Leading stock market price prediction firm 27 Wall Street has painted a bullish picture for META stock for 2030. According to the price prediction, the tech giant’s stock could surge by 70% in the next five years. The recent forecast for META stock for 2030 stands at $995.
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Potential Returns on META Stock Investment
Therefore, an investment of $10,000 made today in META stock at the price of $567 could turn into $17,000 in 2030 if the forecast turns out accurate. “By the end of the start of the next decade, we forecast that META’s stock price will reach $995.00, or 70.96% higher than it is trading for today,” read the prediction.
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META’s Growth Opportunities in AI
This puts META stock on the ‘buy’ list as the Magnificent 7 firms always forge ahead with innovation and developments. The next five years could be a game-changer in the Artificial Intelligence (AI) sector, and META will take charge. If AI succeeds and becomes normalized, the stock could only rally in the next five years.
The growth opportunity is immense, and taking an entry position during the take-off moments can deliver impressive results. META’s Q3 results will also be out this week, and industry insiders are confident that the earnings will outperform expectations. Therefore, the stock has both short-term and long-term value and is an asset that can deliver.
