Meta Platforms (NASDAQ:META) Price Target Raised to $825.00

Key Points

• DA Davidson raised the target price for Meta Platforms from $650.00 to $825.00, indicating a potential upside of 6.65% from its previous close, with a recommendation to "buy."
• Multiple analysts have increased their price targets for Meta Platforms, with one even setting it at $900.00, showing strong market confidence in the company's stock.
• Meta Platforms posted impressive quarterly earnings, reporting $7.14 EPS and a revenue of $47.52 billion, surpassing analysts' expectations significantly.

Meta Platforms (NASDAQ:META - Get Free Report) had its price target boosted by investment analysts at DA Davidson from $650.00 to $825.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the social networking company's stock. DA Davidson's target price would suggest a potential upside of 9.25% from the company's current price. DA Davidson also issued estimates for Meta Platforms' Q3 2025 earnings at $6.11 EPS.

Several other research analysts have also weighed in on the company. Susquehanna reduced their target price on Meta Platforms from $800.00 to $700.00 and set a "positive" rating on the stock in a report on Thursday, May 1st. Pivotal Research lifted their target price on Meta Platforms from $830.00 to $930.00 and gave the stock a "buy" rating in a report on Thursday. TD Cowen lifted their target price on Meta Platforms from $800.00 to $875.00 and gave the stock a "buy" rating in a report on Thursday. Raymond James Financial lifted their target price on Meta Platforms from $750.00 to $900.00 and gave the stock a "strong-buy" rating in a report on Thursday. Finally, HSBC upgraded Meta Platforms from a "hold" rating to a "buy" rating and lifted their target price for the stock from $610.00 to $900.00 in a report on Thursday. Four analysts have rated the stock with a hold rating, forty have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $815.09.

Meta Platforms Trading Down 2.4%

Shares of Meta Platforms stock traded down $18.26 during trading on Thursday, reaching $755.18. 9,094,918 shares of the company were exchanged, compared to its average volume of 15,585,335. The company has a quick ratio of 2.66, a current ratio of 2.66 and a debt-to-equity ratio of 0.16. Meta Platforms has a twelve month low of $450.80 and a twelve month high of $784.75. The business has a 50-day moving average price of $699.22 and a 200-day moving average price of $644.61. The firm has a market capitalization of $1.90 trillion, a price-to-earnings ratio of 27.34, a P/E/G ratio of 1.66 and a beta of 1.28.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 EPS for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. The business had revenue of $47.52 billion during the quarter, compared to analysts' expectations of $44.55 billion. Meta Platforms had a return on equity of 40.31% and a net margin of 39.99%. The firm's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.16 earnings per share. Sell-side analysts anticipate that Meta Platforms will post 26.7 EPS for the current fiscal year.

Insider Activity

In other news, CFO Susan J. Li sold 6,874 shares of the company's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $659.36, for a total value of $4,532,440.64. Following the transaction, the chief financial officer owned 70,040 shares of the company's stock, valued at approximately $46,181,574.40. This represents a 8.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CTO Andrew Bosworth sold 22,449 shares of the company's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $636.85, for a total value of $14,296,645.65. Following the completion of the transaction, the chief technology officer directly owned 1,183 shares in the company, valued at $753,393.55. The trade was a 94.99% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 152,980 shares of company stock valued at $105,708,832. 13.61% of the stock is owned by insiders.

Institutional Investors Weigh In On Meta Platforms

Several institutional investors have recently made changes to their positions in META. Inlight Wealth Management LLC bought a new stake in shares of Meta Platforms in the first quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Meta Platforms in the first quarter valued at approximately $28,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Meta Platforms in the first quarter valued at approximately $33,000. Evergreen Private Wealth LLC boosted its stake in shares of Meta Platforms by 237.5% in the second quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company's stock valued at $40,000 after buying an additional 38 shares during the period. Finally, Briaud Financial Planning Inc bought a new stake in shares of Meta Platforms in the second quarter valued at approximately $42,000. 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.