Stock-Split Watch: Is Meta Platforms Next?
Meta Platforms (NASDAQ: META) isn't a cheap stock anymore, at least on a dollars-per-share basis. Its stock price has reached over $700 per share, a range that many investors begin wondering if a stock split is imminent. Meta has never split its stock before, so this is a bit of uncharted territory for the company.
Is Meta due for a stock split soon? After all, it's near a range where many of its big tech peers have enacted stock splits.
With the success of big tech stocks over the past decade, many of them have undergone stock splits. Apple underwent one in 2020 when it split its stock 4-for-1. At that time, Apple was trading over $500 per share, which was not far from where Meta is now. Nvidia has undergone two stock splits in its meteoric rise: one in 2021 and another in 2024. The 2024 one occurred when the stock was trading around $1,200 per share, while the 2021 split occurred when the stock was trading just shy of $800.
Source Fool.com
Meta Platforms Inc. Stock
Currently there is a rather positive sentiment for Meta Platforms Inc. with 9 Buy predictions and 3 Sell predictions.
With a target price of 615 € there is a slightly positive potential of 1.2% for Meta Platforms Inc. compared to the current price of 607.7 €.
