![]() Just like the internet, the metaverse exists whether Facebook is there or not,” Facebook said in a September note. “The metaverse isn’t a single product one company can build alone. The rebranding may open up a whole new market especially as interest in the metaverse and its various functions and possibilities grow, yet it will take time for the company to fully develop this vision. Rebranding as Meta could give Facebook a much-needed opportunity to focus on technology building as they have long claimed they want to, which could serve as an important factor in evaluating the Facebook stock price forecast for 2025. The social media network has often come under fire for a number of controversies such as whistleblower accusations and major outages. Several initial versions of the metaverse have already been implemented in a number of video games, such as Roblox. In this space, people would be able to interact mainly through online avatars or personas. The metaverse is characterised by technology with strong emphasis on two-dimensional (2D) and three-dimensional (3D) aspects, enabling users to experience more virtual and augmented reality, effectively allowing them to “live” in a digital universe. ![]() On 28 October, chief executive Mark Zuckerberg announced that Facebook will be changing its name to Meta Platforms as the company intended to be one of the pioneers in building the metaverse. The stock has risen 153% from the pandemic dip to the September 2021 high amid rapid digitalisation and tech boom. In September 2021, FB marked a record high of $384.33, yet slumped to $333 since then.ĭuring the pandemic-induced market crash in March 2020, Facebook fell to $146, yet it recovered quickly, reaching its pre-pandemic level of $217 in May 2020. Since its initial public offering (IPO) in 2012 at $38 per share, Facebook’s share price has grown over 700%. However, this is a big leap and with the world’s eyes on Meta, it is still uncertain whether this gamble will pay off.įacebook stock analysis: A story of success ![]() Meta Platforms could provide Facebook with an opportunity to take its legacy further, into unknown territory, and therefore serves a key factor shaping the Facebook stock price prediction for 2025. Since its launch in 2004, the social media giant has grown in leaps and bounds to encompass billions of users across its platforms: Facebook, Instagram and WhatsApp.ĭespite enormous success, the tech behemoth is surrounded by controversies and scandals, which may be one reason for its rebranding. ![]() Facebook (FB) stock forecast for 2025: The future is Metaverseįacebook (FB), which renamed itself Meta Platforms on 28 October, is one of the most successful tech companies of all time. ![]()
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