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Human civilization prioritises digital innovation. We’re always looking to improve on past experiences and technology. That’s how we have built our society up to what it is today. While many people would wonder what’s next for the human race, you won’t have to search too far for an answer – virtual interaction. Meta is the frontrunner in the development of virtual interaction and recently launched the Metaverse.

Meta, formerly known as Facebook, is a digital company committed to helping people connect, communicate, and grow their businesses. Because of Meta’s success over the years, many people wish to purchase their stocks. But you’d do well to avoid investing blindly.

What is Meta?

When Meta was founded in 2004, no one could have predicted that this company would do so well. As Facebook, this digital company connected millions of users in different parts of the world. Facebook’s growth was astronomical, and it’s safe to say it was the pioneer of modern social media.

Gradually, Mark Zuckerberg extended his influence beyond the confines of Facebook. He purchased Instagram and Whatsapp. By doing so, Mark ensured that his company could offer millions of users the opportunity to communicate virtually. Facebook is committed to improving the experience of its users.

As part of their bid to serve users better, Facebook was rebranded as Meta. This new brand will serve as a combination of all the applications and technology that Meta offers. Meta’s main purpose is to introduce the Metaverse to users and create a new form of interaction.

The metaverse will serve as a digital universe where people can communicate like the real world. It will combine online social experiences that are transformed into a 3D world. You’ll be able to share immersive experiences with people in different parts of the world and try out new forms of interaction. Meta has grown beyond regular 2D interaction, connecting augmented and virtual reality.

Meta Stock Forecast 2022

As mentioned earlier, Meta is an innovative, growing project. Despite having a good start to 2022, META’s prices have been far from satisfactory. Meta kicked off 2022 with a price of $338.54. By the end of Q1, the price had dropped to $222.36. However, price kept dropping till the end of the year. Things got even worse by the start of Q3, and the price fell to $160.03. The last quarter of the year kicked off with an even lesser price of $138.61. The constant price dips have been due to the inflation that has been raving through different countries worldwide.

As the world currency market struggles, fewer people have lesser resources to invest in META. However, there’s still plenty of home for these stocks. Meta is only in the early phase of its virtual reality project. As more people participate, interest will increase and may drive stock prices higher.

Meta Stock 2021

Now, let’s review how Meta’s stocks performed in 2021. The year started with a market value of $269.10. By the end of the first quarter, the price had risen to $295.44. The end of Q2 was even better than the previous quarter as prices traded at a respectable figure of $346.55. The beginning of the year’s final quarter saw prices dip to $341.10. However, the year closed off at $337.20. 2021 was a fairly stable year for META stock, and its prices maintained the same range. META investors enjoyed a fairly good year after the economic hardships of the covid-19 year.

META Stock 2020

2020 was a unique period for Meta and stocks in general. The COVID-19 pandemic halted most activities around the world. So, how did Meta’s prices fare during this period?

The stock price for the first day of the year closed at $204.78. For the next few weeks, the price ranged around this value before dropping to $159.60 at the start of Q2. The second quarter was considerably better than the previous one, and prices grew steadily.

By the start of Q3, the value of Meta’s stocks had risen to $236.72. This was some way off the year’s starting price and showed META had grown after the difficult start to 2020. META’s Q4 price started at $265.54. It maintained this price range till the close of the year at $273.33.

Meta Stock 2019

Despite an impressive run in 2019, Meta stock failed to reach its 2018 high of $217.50. It ended the year at $204.41, up from $135.68. This trend could have been due to investors’ renewed faith in the company after a scandalous 2018.

The year’s first half was favorable, reaching $193 on June 28. It reached $204.66 on July 24 before dropping in the following months.

Meta Stock 2018

2018 was a turbulent year for Meta, with several scandals. The stock performed well in January before hitting its first fall for the year on January 12, hitting $179.37 from $187.77 the previous day. Analysts linked that event to the announcement of changes to the news feed.

The stock recovered for the rest of the first half, reaching an impressive $217.50 by July 25. However, the stock plunged to $176.26 the following day, just after releasing its second-quarter results. It stayed bearish the rest of the year, ending at $133.20.

Meta Stock 2017

The performance for 2017 was remarkable. As interest in the social media company grew, its stock hit the $180 mark. However, it found it challenging to sustain that run, as it would later end the year at &176.46.

Its highest price for the year came on November 27, when it reached $183.03. That showed steady but remarkable growth after ending the first quarter at $150.98. Compared to its starting price of $116.86 on January 3, Meta stock had a good year.

Meta Stock 2016

Meta’s stock struggled to find footing in early January after starting the year at $102.22. However, it steadily climbed by February, closing the month at $106.92. It continued its bullish run, hitting $120.58 on May 10.

Meta found it difficult to sustain its bull run, dropping to $108.97 on June 27 before resuming its upward trend. It continued surging upward, reaching $133.28 on October 24. That became its all-time high for the year, as it would later swing down to $120.57 by December.

How to Invest in Meta Stock

When you look at Meta’s potential, it’s clear that most traders would be interested in investing in these stocks. The launch of the metaverse has had far-reaching effects on different parts of the world.

When you look at Meta’s potential, it’s clear that most traders would be interested in investing in these stocks. The launch of the metaverse has had far-reaching effects on different parts of the world.

This section will show traders how they can purchase Meta stocks through eToro. After researching multiple brokers, we’ve settled on eToro as one of the best alternatives to buy these stocks.

eToro stands out from other brokers because of its unique features. The platform is also reliable because it has a proven track record.

eToro was developed in 2007. Since that time, it’s held its own as a top social trading and investment platform. The purpose of this platform is to provide a platform where users can trade in financial assets, especially stocks.

The following steps will show you how to purchase META with eToro;

Step 1: Create an account on eToro

Now that you’ve settled on using eToro to purchase Meta stocks, the next thing to do is to set up an account. Use your PC’s browser to log on to www.eToro.com. Click on a tab called “Join Now” or “Trade Now.”

Users can register manually or sign up with their Gmail or Facebook accounts. You can complete the entire account registration process in a few seconds.

Before completing the sign-up process, ensure that you read the terms and conditions of the platform. After that, tick the appropriate boxes that state you’ve agreed with the terms and conditions. Then, click on “sign up.”

You can choose to input your details manually. However, creating an account using your Gmail or Facebook account is possible.

If you’ve read the terms and conditions of the platform and agree with them, click the appropriate boxes to continue. Then, click the signup button.

To complete a KYC on eToro, you’ll need to submit a utility bill that is less than three months old. This bill would help the platform confirm your residential address. Also, you’ll need to verify your identity by submitting a passport or government-approved ID.

The final step of the KYC involves filling out a questionnaire on how they can serve you better.

Open an Account
Create Account

Step 2: Upload Your ID

This step is a continuation of the previous step. To complete your registration, you’d need to upload a valid ID. This could either be a passport or a government-approved ID.

When you click on the upload ID, you’ll be asked to select the file you wish to upload. The entire process should only take a few seconds. Uploading your ID is a crucial stage of identity verification. Your account may not enjoy full features without it.

Proof of identity

Step 3: Deposit money into the account

Before funding your eToro account, identify your preferred payment method. Several payment methods are compatible with this platform. However, eToro money is a better alternative. It allows users to make instant deposits.

The following steps will show you how to deposit funds in your eToro account;

●       Log into your eToro account

●       Select “Deposit Funds.”

●       Input the amount you intend to deposit and the currency

●       Choose a suitable preferred deposit method.

Make a Deposit

Step 4: Search for Meta on eToro

Now that you’ve added money to your account, the next thing to do is locate the stocks you wish to purchase. There are thousands of individual stock options.

To search for Meta, click on the search icon at the top of the home page. Input the name of your preferred stock, Meta. The name should instantly appear in the drop-down interface.

Search for META

Step 5: Buy Meta on eToro

This is the final step to consider. After searching for Meta on eToro, click on the option that appears. On the next page, you’ll find crucial details about this stock option, including the company’s history, price information, etc. The information on this page can further boost your purchase decision.

After going through these details, click on “Invest.” Then, choose how many Meta stocks you wish to buy. The assets will be sent to your eToro portfolio when the purchase is complete. 

Trade

Conclusion

And that’s all for the Meta stock forecast. Meta is a digital company with an eye on the future. By changing the way people communicate and interact, they’re bringing the far ends of the world closer to each other.

Meta will allow users to communicate and connect in a 3D world. As more developments come into play on the platform, investors will gain more from their stocks.

If you’re interested in buying META, don’t be in a rush. Go through this article to learn about the asset’s price movement. It could open your eyes to unique possibilities.

FAQs

  1. What is META?

    META is a symbol that represents Meta Inc.’s stocks on popular exchanges. You’ll find META on different exchanges worldwide.
    To own stocks in Zuckerberg’s company, you can purchase META on eToro or other reputable exchanges. eToro will allow you to buy META in a few simple steps.

  2. What’s next for META?

    META’s value has dipped considerably for the past few months. In 2022, the asset started trading at $338.54. However, it’s currently trading at $113. 
    The global financial market is suffering from the effects of severe inflation. Hence, the META price dip is similar to what you’ll find on other popular stocks.

  3. What is the target price of META?

    According to expert analysis, Meta stocks should hit $143.00 as the average price in the coming months. The highest price should be $250.00, representing a remarkable growth rate for its current 2022 form. Nevertheless, projections still show the stock could trade as low as $80.00.

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