Saturday, August 9, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Can META Stock Carry Its 50% Surge into 2025?

Simon Osuji by Simon Osuji
November 16, 2024
in Business
0
Can META Stock Carry Its 50% Surge into 2025?
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

With the company cementing its status as a top Wall Street investment, many have pondered if Meta (META) can continue this year’s 50% surge and translate it into similar gains entering 2025. Although the company is facing a plethora of questions, it is still set up to be a big winner when the calendar turns.

This week, the US announced that a Federal Trade Commission (FTC) antitrust suit against the firm is set to go to trial. Moreover, the company had just been slapped with an $840 million fine from the European Union (EU) regarding its competitive practices. With just two months until 2024 in the history books, could these developments force it to have a slow start to the coming year?

Meta StockMeta Stock
Source: CNBC

Also Read: META is Up 350% Since 2022 as it Takes on AI Tech Titans

There is no denying that Meta (META) has continued to establish itself atop the tech sector. One of the Magnificent Seven, the company has gone into overdrive throughout 2024. It has continued to grow its vast array of social media platforms while developing into emerging sectors like AI and wearable technology.

The question is, can META continue to be a dominant stock and carry its 50% surge into 2025? The stock is up now 70% year to date, showing it is a clear winner for investors. Moreover, it has continued to set all-time high marks with a focus on spending to meet demand across technology.

META Q3 ReportMETA Q3 Report

Also Read: META Signs New Partnership as It Makes Up Ground In Key Technology

Currently, Meta has a buy rating, with a reasonable 12-month forecast of around $630. In its latest earnings report, it boasted revenue that was above expectations. That field bullish momentum has continued to have the company’s stock gaining in price for nearly two years.

However, there is still some concern from analysts. Specifically, HSBC gave the firm a neutral rating prior to the latest earnings report. Additionally, BMO Capital Markets did the same. Both firms noted Meta’s rising spending as a reason for skepticism regarding its performance entering the new year.

Virtual reality, AI, and the newly announced Orion Smart Glasses have dominated the company finances. While they should bring in revenue, that will take time. The question is, can Meta continue winning while they wait for those returns? To this point, the market has seemed willing to do as much. Therefore, the consensus expectation of another 40% surge by the end of 2025 seems reasonable.

Source link

Related posts

Kenya’s Economy: Navigating Debt, Tight Credit, and Global Risks

Kenya’s Economy: Navigating Debt, Tight Credit, and Global Risks

August 9, 2025
U.S. Senate confirms Trump’s nominee to lead U.S. Africa Command: What it means for Africa

U.S. Senate confirms Trump’s nominee to lead U.S. Africa Command: What it means for Africa

August 9, 2025
Previous Post

At Summit Under Trump Shadow, Xi, Biden Signal Turbulence Ahead

Next Post

B&H Promo Codes and Deals for November 2024

Next Post
B&H Promo Codes and Deals for November 2024

B&H Promo Codes and Deals for November 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

6 tips to gain the upper hand while dating an alpha male

6 tips to gain the upper hand while dating an alpha male

2 years ago
Kership Starts Construction of Montenegro Patrol Vessels

Kership Starts Construction of Montenegro Patrol Vessels

3 months ago
Global Mangrove Summit Launches Bold Plan to Protect Vital Ecosystem

Global Mangrove Summit Launches Bold Plan to Protect Vital Ecosystem

8 months ago
Botswana Bets on Natural Diamonds to Woo Wealthy Young Americans

Botswana Bets on Natural Diamonds to Woo Wealthy Young Americans

5 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.