This Waking Giant Could Become a $2 Trillion Stock by 2030
Investors temporarily lost confidence in social media giant Meta Platforms (NASDAQ: META). Shares fell to as low as $88 last fall, but have rallied back to around $300 per share, enough to value the company at about $750 billion.
So many don't realize yet that Meta's value is built on a very narrow part of its company -- Facebook and Instagram. However, Meta's about to pull several growth levers over the coming years that could potentially add billions in profits to Meta's pockets.
I'll walk through what those are and show you how this stock could soar to a $2 trillion valuation by 2030. Buckle up.
Source Fool.com
Meta Platforms Inc. Stock
€430.40
0.380%
We see a rather positive sentiment for Meta Platforms Inc. with 9 Buy predictions and 2 Sell predictions.
As a result the target price of 500 € shows a slightly positive potential of 16.17% compared to the current price of 430.4 € for Meta Platforms Inc..
