Meta Platforms (NASDAQ:META – Get Free Report) had its price target raised by equities research analysts at Citigroup from $895.00 to $905.00 in a report released on Thursday, Benzinga reports. The firm currently has a “buy” rating on the social networking company’s stock. Citigroup‘s target price indicates a potential upside of 39.48% from the company’s current price.
Several other equities analysts have also recently weighed in on the company. Roth Capital lowered their target price on Meta Platforms from $820.00 to $750.00 and set a “buy” rating on the stock in a research note on Monday, August 3rd. Robert W. Baird reduced their price target on shares of Meta Platforms from $830.00 to $750.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Royal Bank Of Canada raised their price target on shares of Meta Platforms from $770.00 to $800.00 and gave the stock an “outperform” rating in a report on Thursday. Pivotal Research raised their price target on shares of Meta Platforms from $930.00 to $960.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Wedbush boosted their price objective on shares of Meta Platforms from $700.00 to $730.00 and gave the company a “neutral” rating in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $833.12.
Get Our Latest Report on Meta Platforms
Meta Platforms Stock Down 7.0%
NASDAQ:META traded down $48.67 during trading hours on Thursday, hitting $648.85. 40,283,069 shares of the stock traded hands, compared to its average volume of 17,657,748. The firm has a 50 day moving average price of $662.27 and a 200 day moving average price of $629.10. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms has a fifty-two week low of $520.26 and a fifty-two week high of $779.82. The firm has a market cap of $1.65 trillion, a price-to-earnings ratio of 24.44, a PEG ratio of 1.28 and a beta of 1.19.
Meta Platforms (NASDAQ:META – Get Free Report) last released its earnings results on Thursday, October 22nd. The social networking company reported $7.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.54 by $0.86. Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The company had revenue of $64.60 billion during the quarter, compared to analyst estimates of $63.34 billion. During the same quarter in the prior year, the company earned $7.25 earnings per share. The company’s revenue for the quarter was up 26.1% on a year-over-year basis. Equities research analysts anticipate that Meta Platforms will post 27.32 earnings per share for the current year.
Insider Transactions at Meta Platforms
In other news, COO Javier Olivan sold 946 shares of Meta Platforms stock in a transaction dated Monday, October 19th. The stock was sold at an average price of $707.20, for a total transaction of $669,011.20. Following the completion of the sale, the chief operating officer directly owned 5,986 shares in the company, valued at $4,233,299.20. The trade was a 13.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Christopher Cox sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $712.76, for a total value of $28,510,400.00. Following the completion of the sale, the insider directly owned 184,516 shares of the company’s stock, valued at approximately $131,515,624.16. The trade was a 17.82% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 149,906 shares of company stock valued at $102,347,409 in the last three months. Corporate insiders own 13.53% of the company’s stock.
Institutional Trading of Meta Platforms
Several large investors have recently added to or reduced their stakes in META. Horizons Wealth Management acquired a new stake in shares of Meta Platforms in the 3rd quarter valued at $33,000. Advantage Trust Co bought a new stake in Meta Platforms in the second quarter worth $28,000. Philadelphia Investment Partners LLC acquired a new position in Meta Platforms during the second quarter worth $32,000. Axiom Investment Management LLC acquired a new position in Meta Platforms during the first quarter worth $36,000. Finally, Schuylkill Financial LLC acquired a new position in Meta Platforms during the second quarter worth $36,000. 79.91% of the stock is owned by institutional investors.
Meta Platforms News Roundup
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta reported third-quarter revenue of $64.6 billion, up 26.1% year over year, and adjusted earnings of $7.40 per share, exceeding Wall Street estimates. Advertising growth, higher ad prices and AI-driven improvements in targeting and engagement supported the results. META’s Q3 Earnings Beat Estimates
- Positive Sentiment: Meta said its Muse AI assistant surpassed 10 million users shortly after launch, strengthening the long-term case for AI-related advertising, commerce and subscription revenue. Analysts including JPMorgan, Bank of America and Pivotal Research raised their price targets, maintaining bullish ratings. Meta falls as investors balance Muse growth with rising AI costs
- Neutral Sentiment: Meta announced a new non-voting Class C share structure intended to help finance its AI buildout without reducing Mark Zuckerberg’s voting control. The move could provide funding flexibility, but investors are evaluating potential dilution and governance implications. Meta to issue new class of shares
- Negative Sentiment: Meta raised the lower end of its 2026 capital-expenditure forecast to $135 billion, with spending potentially reaching $145 billion. The investment pushed quarterly free cash flow negative, prompting concerns that AI returns may take longer to justify the infrastructure bill. Meta stock sinks as AI spend pushes free cash flow negative
- Negative Sentiment: Credit-default-swap prices for Meta reached a record high, signaling increased concern about balance-sheet and financing risk as the company considers funding its AI expansion. The market reaction also weighed on power-equipment suppliers tied to Meta’s data-center spending. Bond market warning on Meta’s borrowing
- Negative Sentiment: A New Mexico court ordered Meta to pay $25 billion in a Cambridge Analytica-related privacy case; the company plans to appeal. Separately, Meta faces an Australian class-action lawsuit alleging that its platforms harm children, adding to regulatory and litigation uncertainty. Meta ordered to pay $25 billion to New Mexico
Meta Platforms Company Profile
Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.
Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.
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