Mega Market Reset for Meta Platforms Stock Hosted by Laycee KluinApril 25, 2024 ShareLink copied to clipboard. Play video for Mega Market Reset for Meta Platforms StockDetailsGuestsAnyone waiting for a pullback in Meta Platforms NASDAQ: META stock should cheer the Q1 results. The news underscores the company’s strengths yet resulted in a 15% correction in the share price. Analysts are adjusting their targets but continue seeing substantial upside, leading the market to new heights. Weak guidance or not, Meta is looking ahead to a solid year and will likely outperform its targets. Marketbeat.com is tracking more than a dozen analysts' revisions that suggest a 20% to 50% upside from the post-release price point. Most revisions are lower but range from slightly below the consensus to well above it. Several revisions are higher and also align with a consensus-or-higher outlook for share prices. The takeaway is that the consensus target, up 135% in twelve months, aligns with the all-time high share price and continues to rise. The price action in Meta may be volatile over the next few weeks or months, but a bottom for the market is close, and a rebound is on the wayStocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioMETAMeta Platforms4.042 of 5 stars$605.71+1.3%0.35%25.32 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatFormer CIA to Trump – Will you Shut down this secret lab?Deep in the sands of New Mexico lies a government lab so secret it makes Area 51 look like a tourist spot… ...Paradigm Press | SponsoredThe 10 Best Lithium Stocks to Buy for a Post Gasoline WorldElectric vehicles currently make up about 5% of new car sales in the United States. 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Hosted by Laycee KluinApril 25, 2024 ShareLink copied to clipboard. Play video for Mega Market Reset for Meta Platforms StockDetailsGuestsAnyone waiting for a pullback in Meta Platforms NASDAQ: META stock should cheer the Q1 results. The news underscores the company’s strengths yet resulted in a 15% correction in the share price. Analysts are adjusting their targets but continue seeing substantial upside, leading the market to new heights. Weak guidance or not, Meta is looking ahead to a solid year and will likely outperform its targets. Marketbeat.com is tracking more than a dozen analysts' revisions that suggest a 20% to 50% upside from the post-release price point. Most revisions are lower but range from slightly below the consensus to well above it. Several revisions are higher and also align with a consensus-or-higher outlook for share prices. The takeaway is that the consensus target, up 135% in twelve months, aligns with the all-time high share price and continues to rise. The price action in Meta may be volatile over the next few weeks or months, but a bottom for the market is close, and a rebound is on the wayStocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioMETAMeta Platforms4.042 of 5 stars$605.71+1.3%0.35%25.32 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatFormer CIA to Trump – Will you Shut down this secret lab?Deep in the sands of New Mexico lies a government lab so secret it makes Area 51 look like a tourist spot… ...Paradigm Press | SponsoredThe 10 Best Lithium Stocks to Buy for a Post Gasoline WorldElectric vehicles currently make up about 5% of new car sales in the United States. While they have received a...MarketBeatElon’s “New Gold”MIT scientists just developed a brand-new metal… A metal that’s shaping up to be, not only the biggest brea...True Market Insiders | Sponsored7 Stocks to Buy as Esports Goes Mainstream It won't surprise you to hear that video games are big business. This sector has grown beyond home gaming co...MarketBeatURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happen...Crypto Swap Profits | Sponsored7 Low Beta Stocks for the Risk-Averse InvestorInvesting is about balancing risk and reward. That's why regardless of market conditions, many investors with ...MarketBeat
