From Nasdaq: 2025-02-21 09:30:12

Wall Street analysts’ recommendations impact stock prices, but their reliability is questionable. Meta Platforms has an average brokerage recommendation of 1.37, leaning towards Buy. However, analysts tend to be overly optimistic due to vested interests, making their ratings less helpful. Instead, consider using Zacks Rank for more accurate predictions of stock performance.

Zacks Rank is a more reliable indicator of stock performance, based on earnings estimate revisions. Unlike brokerage recommendations, it maintains a balance among its five ranks for all stocks. The Zacks Rank is updated quickly to reflect changing trends, providing timely insights for investors. It is a more effective tool for predicting future price movements compared to ABR.

Meta Platforms’ Zacks Consensus Estimate for the current year has increased by 5.8% to $26.70, indicating growing analyst optimism. With a Zacks Rank #2 (Buy), the stock shows promise for future growth. Investors can utilize the ABR as a guide, but Zacks Rank may offer more accurate insights for profitable investment decisions.

Experts recommend 7 elite stocks, including Meta Platforms, for potential price pops in the next 30 days. These Zacks Rank #1 Strong Buys have historically outperformed the market with an average gain of +24.3% per year. Investors can benefit from these hand-picked stocks for profitable returns.



Read more at Nasdaq: Is It Worth Investing in Meta Platforms (META) Based on Wall Street’s Bullish Views?