Prediction: Here’s What Meta Platforms’ Stock Price Will Be by 2030
A powerful ads engine and heavy AI spending bolster the five-year growth story.
Shares of Meta Platforms (META -0.02%) have surged since late July’s earnings update, fueled by the social media specialist’s stronger-than-expected quarter and upbeat revenue guidance. No wonder Wall Street is piling into the stock. There’s a lot to like. The Facebook, Instagram, and WhatsApp parent is leaning hard into artificial intelligence (AI) across products and ads, while returning significant sums of cash to shareholders via dividends and buybacks.
But can the growth stock‘s momentum continue? I think so. But where exactly could shares end up in five years?
Image source: Getty Images.
Incredible business momentum
In…
