Why I Own Meta After The 60% Rebound


  • Meta’s stock crashed to about $88 during the recent capitulation like panic selling.
  • Meta’s fall from the top was remarkable, as it erased more than $750 billion in market value from peak to trough.
  • However, Meta remains the dominant social networking monopolistic-style company that should continuously attract more ad dollars as we advance.
  • Once the transitory slowdown concludes, Meta should see a substantial increase in revenues, driving its stock price much higher in the coming years.
Men use smartphones to social media on vacation at home

Teera Konakan/Moment via Getty Images

Meta Platforms (NASDAQ:META) has had one of the most epic rebounds, appreciating by a staggering 62% off its multi-year low in early November. I pounded the table on Meta’s stock as capitulation and panic selling brought shares down

Year 2023 2024 2025 2026 2027 2028 2029 2030
Revenue (Bs) $136 $147 $168 $190 $212 $238 $264 $291
Revenue growth 13% 8% 14% 13% 12% 12% 11% 10%
EPS $11 $13.50 $16.47 $20.42 $25 $30 $38 $46
EPS growth 22% 23% 22% 24% 23% 22% 21% 20%
Forward P/E 10.4 14 16 17 18 17 16 15
Stock price $140 $230 $326 $425 $540 $646 $736 $820

Disclosure: I/we have a beneficial long position in the shares of META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I am long a diversified portfolio with hedges.

Are You Getting The Returns You Want?

  • Invest alongside the Financial Prophet’s All-Weather Portfolio (2022 17% return), and achieve optimal results in any market.
  • Our Daily Prophet Report provides crucial information before the opening bell rings each morning.
  • Implement our Covered Call Dividend Plan and earn an extra 40-60% on some of your investments.

All-Weather Portfolio vs. The S&P 500

Don’t Wait! Unlock Your Own Financial Prophet!

Take advantage of the 2-week free trial and receive this limited-time 20% discount with your subscription. Sign up now, and start beating the market for less than $1 a day!

Leave a Reply

Your email address will not be published. Required fields are marked *