Facebook stock forecast and price prediction

FB stock price: $274.50 0.60% At close on Jan 22nd, 2021

Updated on:
Jan 25th, 2021

2

Facebook forecast brief

  • Facebook stock only changed 0.60% to close at $274.50 on the stock market today, after 5 consecutive sessions in positive.
  • Facebook is presenting its earnings report on Wednesday
  • Last November price started slicing and printed 2 consecutive lower tops. shares price lost a -7.69% since the downtrend started.
  • Credit Suisse Group and Oppenheimer posted bullish ratings for Facebook last Friday, with an average target of $337.50
  • Facebook, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide.

Facebook stock price forecast

How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations issue their analysis predicting how a stock will performance in the future.

The following table shows the price target posted by brokerage institutions in the last 30 days. If you are a small investor you don't have to invest based on these forecasts.

Averaging all price targets exposed below, the forecasted price for Facebook stock is $332.50. Facebook closed at $274.50 last Friday, so the target price is expecting an increase by 21.13%.

Facebook stock price predictions
Brokerage firmPrice target
Jan 5th, 2021
Morgan Stanley $315.00$340.00
Jan 12th, 2021
Cowen $330.00$340.00
Jan 15th, 2021
Bank of America $345.00
Moffett Nathanson $285.00$325.00
Jan 19th, 2021
BMO Capital Markets $270.00$325.00
KeyCorp $340.00$345.00
Jan 21st, 2021
Evercore ISI $320.00$355.00
Piper Sandler $275.00$275.00
Jan 22nd, 2021
Credit Suisse Group $325.00$330.00
Oppenheimer $300.00$345.00

Analysts recommendations

In the last month, 10 ratings were published for Facebook. General sentiment is bullish, with 7 out of 10 publishing optimistic outlooks

Facebook analysts' ratings - Last month
Brokerage firmRating
Jan 5th, 2021
Morgan Stanley Buy
Jan 12th, 2021
Cowen Buy
Jan 15th, 2021
Bank of America Strong buy
Moffett Nathanson Neutral
Jan 19th, 2021
BMO Capital Markets
KeyCorp Buy
Jan 21st, 2021
Evercore ISI Buy
Piper Sandler Neutral
Jan 22nd, 2021
Credit Suisse Group Buy
Oppenheimer Buy

Earnings and financials

Facebook ($FB) presents quarterly financial report on Wednesday. Market forecasts of $3.19, compared to previous quarter that made $2.40.

If you own or you are looking to buy Facebook shares, be on alert as earnings reporting day usually has a very high volatility, and price can jump up or down with very low liquidity and not honouring your buy or stop-loss orders. Facebook's website probably has additional information.

Last October, Facebook, Inc. ($FB) reported EPS for that highly surpassed Market expectations. Quarterly EPS was $2.40 per share versus the estimated $1.91. This quarterly report means an earnings surprise of 25.65%. Company's turnover resulted of $21.5 billion in contrast to $19.8 billion predicted by analysts.

In comparing, the EPS for the same quarter last year was $2.12, so posted EPS means a increase of 13.21%. Revenue exploded a 21.63% on an annualized basis in the , from $176.5B to $214.7B last quarter.

Facebook stock: buy or sell?

Is $FB stock a buy?

Facebook received 10 ratings in the last 30 days: 7 bullish, 0 bearish and 2 neutral.

In the current situation of Facebook there is not any eligible buy setup. This doesn't mean we expect a selloff for $FB in the next few days, or that it may not rise higher. Simply, it doesn't match our recommended trading systems

Is it time to sell Facebook stock?

In the current situation of Facebook there is not any eligible sell setup, so Facebook stock holders with operations in profit can keep their positions

Facebook stock technical predictions

Facebook accumulates a price drop of -7.69% since its latest top last November at $297.38. The stock drew 3 consecutive lower tops.

SMAs overview

FB stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $280.51 (2.19% above)
  • R2: $285.24 (3.91% above)
  • R3: $291.78 (6.30% above)
  • The current support levels are:

  • S1: $264.63 (-3.60% below)
  • S2: $264.00 (-3.83% below)
  • S3: $257.34 (-6.25% below)
  • Bollinger bands

    Since the price broke down the lower band on January 14, the price has bounced off by 12.22%

    FB stock Bollinger Bands chart

    Relative strength index

    The RSI broke out the oversold level of 30 on January 15 after just being in the oversold zone for 1 day (what can be considered a strength signal). The RSI reading last Friday was 56.54. Facebook stock skyrocketed a 11.75% since RSI left the oversold zone

    FB stock RSI chart

    Facebook stock price history

    Facebook went public on May 18th, 2012 priced at $42.05 per share1. Since then, FB stock has risen by 552.79%, with an average of 69.10% per year. If you had invested thousand dollars in Facebook stock at that time, it would worth $6,527.94 today.

    1: Adjusted price after possible price splits or reverse-splits

    FB stock price history chart

    Important note:
    The comments published in this post are personal and not recommendations for you to buy or sell shares. The author of this document does not have an understanding of the individual circumstances of the reader, his or her own financial statements or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are provided for learning reasons only

    Facebook summary

    Friday, January 22nd, 2021
    Open$272.01
    Close$274.5
    Day range$272 - $278.47
    Previous close$272.87
    Session gain0.60%
    Average true range$10.71
    50d mov avg$271.97
    100d mov avg$271.04
    200d mov avg$250.22
    Earnings dateJanuary 27th, 2021

    Frequently asked questions

    What is Facebook stock symbol?

    Facebook, Inc. is a public company trading in the US stock market with the FB symbol

    Will FB go up?

    Facebook had different price forecasts posted by analysts in the last month setting the target price to $332.50. That is a 21.13% than the last price ($274.50).