29 Analysts Assess Meta Platforms: What You Need To Know

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Providing a diverse range of perspectives from bullish to bearish, 29 analysts have published ratings on Meta Platforms META in the last three months.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 10 17 2 0 0
Last 30D 1 0 0 0 0
1M Ago 1 6 0 0 0
2M Ago 2 2 0 0 0
3M Ago 6 9 2 0 0

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $676.86, with a high estimate of $811.00 and a low estimate of $530.00. Witnessing a positive shift, the current average has risen by 6.57% from the previous average price target of $635.14.

price target chart

Exploring Analyst Ratings: An In-Depth Overview

A clear picture of Meta Platforms's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Josh Beck Raymond James Raises Strong Buy $725.00 $675.00
Brian Nowak Morgan Stanley Raises Overweight $660.00 $600.00
Ken Gawrelski Wells Fargo Raises Overweight $685.00 $641.00
Aleksey Yefremov Keybanc Raises Overweight $700.00 $655.00
Brent Thill Jefferies Raises Buy $715.00 $675.00
Scott Devitt Wedbush Raises Outperform $680.00 $640.00
Shweta Khajuria Wolfe Research Raises Outperform $730.00 $670.00
Matthew Condon JMP Securities Raises Market Outperform $750.00 $660.00
Doug Anmuth JP Morgan Raises Overweight $725.00 $660.00
Youssef Squali Truist Securities Raises Buy $700.00 $650.00
Thomas Champion Piper Sandler Raises Overweight $670.00 $650.00
Josh Beck Raymond James Maintains Strong Buy $675.00 $675.00
Ken Gawrelski Wells Fargo Lowers Overweight $641.00 $652.00
Ronald Josey Citigroup Raises Buy $705.00 $645.00
Lloyd Walmsley UBS Raises Buy $719.00 $690.00
Aaron Kessler Seaport Global Raises Buy $675.00 $555.00
Andrew Boone JMP Securities Raises Market Outperform $660.00 $635.00
Shyam Patil Susquehanna Raises Positive $675.00 $600.00
Rohit Kulkarni Roth MKM Raises Buy $635.00 $620.00
Ross Sandler Barclays Raises Overweight $630.00 $550.00
Nat Schindler Scotiabank Lowers Sector Perform $583.00 $585.00
Doug Anmuth JP Morgan Raises Overweight $660.00 $640.00
James Lee Mizuho Raises Outperform $675.00 $650.00
Justin Post B of A Securities Raises Buy $660.00 $630.00
Brian Pitz BMO Capital Raises Market Perform $530.00 $525.00
Thomas Champion Piper Sandler Raises Overweight $650.00 $575.00
Colin Sebastian Baird Raises Outperform $630.00 $605.00
Barton Crockett Rosenblatt Maintains Buy $811.00 $811.00
Mark Shmulik Bernstein Raises Outperform $675.00 $600.00

Key Insights:

  • Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Meta Platforms. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Meta Platforms compared to the broader market.
  • Price Targets: Understanding forecasts, analysts offer estimates for Meta Platforms's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

To gain a panoramic view of Meta Platforms's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Meta Platforms analyst ratings.

All You Need to Know About Meta Platforms

Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.

Breaking Down Meta Platforms's Financial Performance

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Meta Platforms's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2024, the company achieved a revenue growth rate of approximately 18.87%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.

Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 38.65%, the company showcases strong profitability and effective cost control.

Return on Equity (ROE): Meta Platforms's ROE stands out, surpassing industry averages. With an impressive ROE of 9.77%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Meta Platforms's ROA excels beyond industry benchmarks, reaching 6.45%. This signifies efficient management of assets and strong financial health.

Debt Management: Meta Platforms's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.3.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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