Market Risk Aversion Grows as Gold Prices Hit Record Highs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 13h ago
0mins
Source: stocktwits
- Rising Safe-Haven Demand: Growing risk aversion in the market has pushed gold prices to a historic high above $5,100 per ounce, while silver continues its rally above $100 per ounce, indicating investor concerns over economic uncertainty.
- Surge in Power Demand: Extreme winter weather is driving up electricity demand, with companies like Constellation Energy, Vistra, and Generac in focus as PJM locks in natural gas purchases to secure supply ahead of an expected deep freeze, ensuring stability in energy provision.
- Trade Tensions Escalate: President Trump has threatened to impose 100% tariffs on Canadian exports if they pursue a free trade deal with China, to which Canadian Prime Minister responded with no intention of such an agreement, potentially heightening trade tensions and impacting related businesses.
- Earnings Season Approaches: Investors are gearing up for earnings reports from major companies like Tesla, Microsoft, and Meta, with market sentiment turning extremely bearish as retail sentiment for SPDR S&P 500 ETF and Invesco QQQ Trust has dropped to extremely bearish, reflecting investor anxiety about future market conditions.
Analyst Views on META
Wall Street analysts forecast META stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for META is 824.71 USD with a low forecast of 655.15 USD and a high forecast of 1117 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
44 Analyst Rating
37 Buy
6 Hold
1 Sell
Strong Buy
Current: 658.760
Low
655.15
Averages
824.71
High
1117
Current: 658.760
Low
655.15
Averages
824.71
High
1117
About META
Meta Platforms, Inc. is building human connections, powered by artificial intelligence and immersive technologies. The Company's products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, augmented reality (AR), and wearables. It also helps people discover and learn about what is going on in the world around them, enabling people to share their experiences, ideas, photos, videos, and other content with audiences ranging from their closest family members and friends to the public at large. The Company's segments include Family of Apps (FoA) and Reality Labs (RL). FoA segment includes Facebook, Instagram, Messenger, WhatsApp and Threads. RL segment includes its virtual, augmented, and mixed reality related consumer hardware, software and content. Its product offerings in VR include its Meta Quest devices, as well as software and content available through the Meta Horizon Store.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
