This is still a growth stock and should be valued like one. Though there's no way to know whether this is the bottom for the stock, investors who buy shares today will likely do well over the next five years.3 Dec 2021
Is FB undervalued?
'We have continue to rate [Meta Platforms] a wide-moat firm with a solid network effect and intangible assets,' Morningstar said.3 Dec 2021
What will be the best performing stock in 2021?
- Devon Energy (NYSE:DVN)
- Marathon Oil (NYSE:MRO)
- Moderna (NASDAQ:MRNA)
- Fortinet (NASDAQ:FTNT)
- Signature Bank (NASDAQ:SBNY)
- Ford (NYSE:F)
- Bath & Body Works Inc (NYSE:BBWI)
- Diamondback Energy (NASDAQ:FANG)
What is the future of Facebook stock?
According to CoinPriceForecast, Facebook stock price could hit $637 in 2025. WalletInvestor echoed the optimistic outlook, forecasting the price to reach $668 by December 2025. Gov Capital gave the most bullish Facebook stock forecast, foreseeing the price to jump to $1,701 by end 2025.16 Dec 2021
Is FB overvalued?
FB is forecasted to grow its top line by a quite large 37% this year, easily beating most of its peers, except for Alphabet. I do thus believe that FB is far from overvalued at current prices, and, in fact, believe that shares are trading below fair value -- despite a compelling return of 25% over the last year.4 Nov 2021