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META Forecast: From Social to Virtual

October 11, 2024

This META Stock Forecast article was written by Milana Papadopoulou – Financial Analyst at I Know First.

Meta's advertising business continues to drive growth, generating over 90% of the company's revenue
Meta is positioned to capitalize on long-term growth in AR and VR across multiple sectors
Recent restructuring and cost-cutting efforts aim to boost efficiency and profitability

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December 6, 2023

This META Stock Forecast article was written by Anastasia Makuyev – Quantitative Analyst at I Know First.

META Platforms has diversified into AI and VR.
Meta's financial results are mixed. Yet, it has exceeded revenue expectations. Analysts are optimistic about its future.
Meta's investments in AI and the metaverse show innovation. Its leadership in digital advertising is strong.

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August 14, 2023

This META Stock Forecast article was written by Meiru Zhong – Financial Analyst at I Know First.

The underperformance in 2022 was attributed to significant currency risks, reduced advertising demand, and strict regulation on target advertising.
The advertising revenue is resilient and a good sign shows that advertisers have a strong demand as the economy recovers from COVID and the recession.
Restructuring, by implementing a series of cost management practices, reflects META's determination to align business and strategic priorities for operating efficiency.
Although it’s difficult to depict how the metaverse will develop and the operating losses kept increasing for Reality Labs, META expects this will be the next chapter of the Internet and will unlock monetization chances.
DCF estimates META stock will grow to $313, an 4% upside potential for the year 2023.