Key Insights:

• Meta Platforms (META, Financial) is set to invest nearly $1 billion in a new data center in Wisconsin.
• Analysts predict an average price target of $749.34 for META, signaling significant upside potential.
• Current brokerage consensus rates META with an “Outperform” status.

Meta’s Major Investment in Wisconsin

Meta Platforms (META) is reportedly gearing up for a monumental investment, with plans to channel nearly $1 billion into establishing a new data center in Wisconsin. This substantial investment forms a part of a broader $837 million agreement with the state, initially inked with an undisclosed company earlier this year.

Analyst Price Predictions for Meta

According to a broad spectrum of analyses from 63 financial experts, Meta Platforms Inc (META, Financial) is expected to reach an average price target of $749.34 over the next year. Price predictions range from a high of $935.00 to a low of $260.00. Currently, this projection suggests an impressive potential upside of 48.46% from its existing price of $504.73. Investors can delve deeper into these projections on the Meta Platforms Inc (META) Forecast page.

Brokerage Firms’ Consensus

The consensus recommendation from 72 brokerage firms places Meta Platforms Inc’s (META, Financial) average brokerage rating at 1.8, categorizing the stock as “Outperform.” This rating is derived from a scale where 1 denotes a Strong Buy and 5 signifies a Sell.

Understanding META’s GF Value

The GF Value estimate for Meta Platforms Inc (META, Financial) stands at $495.25 for the coming year. This valuation suggests a slight
downside
of 1.88% from its current trading price of $504.73. The GF Value represents GuruFocus’ assessment of the fair trading value of the stock. This evaluation is based on historical trading multiples, past business growth trajectories, and forecasts for future business performance. For more comprehensive data, visit the Meta Platforms Inc (META) Summary page.