Facebook stock forecast and price prediction
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%.
| Brokerage firm | Price 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 → $345.00 |
Analysts recommendations
In the last month, 10 ratings were published for Facebook. General sentiment is bullish, with 7 out of 10 publishing optimistic outlooks
| Brokerage firm | Rating |
|---|---|
| Jan 5th, 2021 | |
| Morgan Stanley | Buy |
| Jan 12th, 2021 | |
| Cowen | Buy |
| Jan 15th, 2021 | |
| Bank of America | |
| Moffett Nathanson | Neutral |
| Jan 19th, 2021 | |
| BMO Capital Markets | |
| KeyCorp | Buy |
| Jan 21st, 2021 | |
| Evercore ISI | Buy |
| Piper Sandler | Neutral |
| Jan 22nd, 2021 | |
| Credit Suisse Group | Buy |
| Oppenheimer | Buy |
Earnings and financials
Facebook ($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
Supports and resistances
The current resistances are:
The current support levels are:
Bollinger bands
Since the price broke down the lower band on January 14, the price has bounced off by 12.22%
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
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
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 onlyFacebook summary
| Friday, January 22nd, 2021 | |
|---|---|
| Open | $272.01 |
| Close | $274.5 |
| Day range | $272 - $278.47 |
| Previous close | $272.87 |
| Session gain | 0.60% |
| Average true range | $10.71 |
| 50d mov avg | $271.97 |
| 100d mov avg | $271.04 |
| 200d mov avg | $250.22 |
| Earnings date | January 27th, 2021 |