Meta stock price to be between $962 and $1,200 by 2029, under a bear case scenario of 10% average annual revenue growth and 10% net income growth from 2026-2029, and still outperform the S&P 500 over the next 4-5 years.
"Puts a stock in 2029 somewhere between $962 and about $1,200. Gives you a compound on a growth rate of 6% on the low end, 11% on the high end, it would still outperform the S&P 500 over the next four to five years."