Meta Platforms (NASDAQ:FB) has started testing subscriptions on its Instagram photo-sharing application. Under this model, fans can pay a monthly fee to access exclusive content from creators they follow.
The move could help creators better monetize their content, while potentially driving a new revenue stream for Meta Platforms down the road, as it could eventually take a cut of subscription fees.
We estimate Meta Platforms Valuation to be around $409 per share which is about 29% ahead of the current market price. This represents a P/EBITDA multiple of 23x for the company based on our forecast for Meta Platforms EBITDA for the current fiscal year
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market consistently since the end of 2016.
|S&P 500 Return||-5%||-5%||102%|
|Trefis MS Portfolio Return||-10%||-10%||255%|
 Month-to-date and year-to-date as of 1/20/2022
 Cumulative total returns since the end of 2016