Meta Platforms’ Growth Outlook
Meta Platforms (NASDAQ: META) is projected to potentially achieve a share price of $1,000 by 2026, representing a 49% increase over the current value. The company has a market cap of $1.7 trillion and has experienced a compound annual growth rate of 53% over the past three years. As of February 5, 2023, its shares are 15% below their peak, prompting discussions about long-term investment horizons amidst a turbulent market environment.
In Q4 2022, Meta reported a 24% revenue increase, totaling $59.9 billion, alongside a 7% rise in daily active users to 3.58 billion. Despite significant capital expenditures expected to range from $115 billion to $135 billion by 2026 for AI-related advancements, Meta maintains a strong operating margin of 41% and holds $81.6 billion in liquid assets, compared to $58.7 billion in debt.
