Meta Bulls Await Earnings Surge: Is $620 Next Stop?
Portfolio Pulse from Surbhi Jain
Meta Platforms Inc (NASDAQ:META) is set to report its Q3 earnings on Oct. 30, with Wall Street expecting $5.24 EPS and $40.27 billion in revenues. The stock has shown a bullish trend, trading above key moving averages, and analysts predict a 14.32% upside with a price target of $620.05.
October 29, 2024 | 9:01 pm
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Meta Platforms is expected to report strong Q3 earnings, with analysts predicting a 14.32% upside and a price target of $620.05. The stock shows a bullish trend, trading above key moving averages.
Meta's upcoming earnings report is highly anticipated, with strong EPS and revenue expectations. The stock's bullish technical indicators and positive analyst ratings suggest potential short-term gains.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100