Meta Platforms (NASDAQ:META) Price Target Raised to $740.00

Meta Platforms (NASDAQ:META - Get Free Report) had its price target increased by stock analysts at Roth Capital from $620.00 to $740.00 in a research note issued on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the social networking company's stock. Roth Capital's target price would indicate a potential upside of 2.61% from the company's current price. Roth Capital also issued estimates for Meta Platforms' Q2 2025 earnings at $6.36 EPS, Q3 2025 earnings at $6.10 EPS, Q4 2025 earnings at $7.42 EPS, FY2025 earnings at $26.30 EPS, Q1 2026 earnings at $6.32 EPS, Q2 2026 earnings at $6.69 EPS, Q3 2026 earnings at $6.92 EPS, Q4 2026 earnings at $9.00 EPS and FY2026 earnings at $28.92 EPS.

A number of other research firms have also recently commented on META. DA Davidson cut their price target on shares of Meta Platforms from $800.00 to $650.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Jefferies Financial Group cut their price target on shares of Meta Platforms from $725.00 to $600.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Guggenheim boosted their price target on shares of Meta Platforms from $675.00 to $725.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. JMP Securities reissued a "market outperform" rating and issued a $750.00 price target on shares of Meta Platforms in a research note on Wednesday, April 30th. Finally, Rosenblatt Securities boosted their price target on shares of Meta Platforms from $846.00 to $918.00 and gave the stock a "buy" rating in a research note on Thursday, May 1st. Five investment analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $727.95.

Meta Platforms Price Performance

Meta Platforms stock traded down $11.58 during midday trading on Tuesday, reaching $721.20. 1,939,403 shares of the stock were exchanged, compared to its average volume of 14,460,245. The company's fifty day moving average is $669.26 and its 200-day moving average is $632.53. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.66 and a current ratio of 2.66. The firm has a market cap of $1.81 trillion, a PE ratio of 28.12, a PEG ratio of 1.77 and a beta of 1.28. Meta Platforms has a 52 week low of $442.65 and a 52 week high of $747.90.

Meta Platforms (NASDAQ:META - Get Free Report) last posted its earnings results on Wednesday, April 30th. The social networking company reported $6.43 earnings per share for the quarter, topping analysts' consensus estimates of $5.33 by $1.10. The business had revenue of $42.31 billion for the quarter, compared to analyst estimates of $41.45 billion. Meta Platforms had a net margin of 39.11% and a return on equity of 38.69%. Meta Platforms's revenue was up 16.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $4.71 EPS. On average, sell-side analysts forecast that Meta Platforms will post 26.7 EPS for the current year.

Insider Buying and Selling

In related news, CEO Mark Zuckerberg sold 13,793 shares of the stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $701.13, for a total value of $9,670,686.09. Following the completion of the transaction, the chief executive officer directly owned 118,279 shares in the company, valued at $82,928,955.27. This trade represents a 10.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Susan J. Li sold 6,874 shares of the stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $659.36, for a total transaction of $4,532,440.64. Following the completion of the transaction, the chief financial officer owned 70,040 shares of the company's stock, valued at approximately $46,181,574.40. The trade was a 8.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 153,273 shares of company stock worth $105,091,830 in the last three months. 13.61% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Valley Financial Group Inc. increased its position in shares of Meta Platforms by 2.4% in the 4th quarter. Valley Financial Group Inc. now owns 588 shares of the social networking company's stock worth $344,000 after purchasing an additional 14 shares during the last quarter. Lantern Wealth Advisors LLC increased its position in shares of Meta Platforms by 0.5% in the 4th quarter. Lantern Wealth Advisors LLC now owns 2,976 shares of the social networking company's stock worth $1,743,000 after purchasing an additional 14 shares during the last quarter. Maiden Cove Capital LLC increased its position in shares of Meta Platforms by 3.2% in the 4th quarter. Maiden Cove Capital LLC now owns 481 shares of the social networking company's stock worth $282,000 after purchasing an additional 15 shares during the last quarter. Riverwater Partners LLC increased its position in shares of Meta Platforms by 2.7% in the 4th quarter. Riverwater Partners LLC now owns 572 shares of the social networking company's stock worth $335,000 after purchasing an additional 15 shares during the last quarter. Finally, ABLE Financial Group LLC increased its position in shares of Meta Platforms by 0.7% in the 4th quarter. ABLE Financial Group LLC now owns 2,136 shares of the social networking company's stock worth $1,251,000 after purchasing an additional 15 shares during the last quarter. 79.91% of the stock is currently owned by institutional investors.

About Meta Platforms

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.