---
title: 'Meta at $1,900! Why Wall Street’s EPS Estimates Are Laughably Wrong'
source: 'https://youtube.com/watch?v=WcrvS51fGTw'
video_id: 'WcrvS51fGTw'
date: 2026-09-23
duration_sec: 62
channel: 'Meet Kevin'
---

# Meta at $1,900! Why Wall Street’s EPS Estimates Are Laughably Wrong

> Source: [Meta at $1,900! Why Wall Street’s EPS Estimates Are Laughably Wrong](https://youtube.com/watch?v=WcrvS51fGTw)

## Summary

The video presents a bullish case for Meta Platforms, arguing that the stock is undervalued even at current prices. The analyst contrasts market forecasts of 9.61% EPS growth with their own estimate of 20% average growth, leading to a PEG ratio of 1.0 and a potential price target between $1,470 and $1,900.

### Key Points

- **Meta Is Undervalued** [00:00] — The analyst states Meta is 'dirt cheap' even at current prices, and discloses they hold a position in the stock for transparency.
- **Market Growth Forecast** [00:14] — Markets forecast only 9.61% EPS growth for Meta over the next year, which the analyst considers too low.
- **Analyst Growth Estimate** [00:28] — The analyst expects Meta to average 20% EPS growth over the next four years, compared to Wall Street's 15.6% consensus.
- **PEG Ratio Analysis** [00:40] — At 20% growth, Meta trades at a PEG ratio of 1.0, but the analyst believes it should trade around 2.69.
- **Price Target Range** [00:53] — This implies a price range of $1,470 (Wall Street estimates) to $1,900 (analyst estimates).

### Conclusion

Meta's valuation hinges on whether you trust Wall Street's conservative growth estimates or the analyst's more bullish 20% EPS growth assumption. If the latter holds, the stock has significant upside.

## Transcript

Meta, to me, is still dirt cheap even at this price. Now, obviously, I have exposure to some of the names that I'm talking about here, Meta included, because I believe in these numbers, we're putting our money where our mouth is. But I'm just being transparent here. Markets right
now are only forecasting that Meta's earnings per share growth is going to be 9.61% over the next year. That's really low in my opinion. And my take is that they're probably going to average growth
closer to 20% on earnings per share over the next four years. Wall Street sits at 15.6. So I'm a little bit more bullish on growth than what Wall Street is, not only with the watermelon release coming out,
but also what you have with Metamuse. If you factor this at 20% average growth, this stock is trading for a one peg. A stock like this, to me, should be trading for somewhere around 2.69.
That puts this company between $1,470 on Wall Street estimates to nearly $1,900 on the Kevin estimates.