| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
Throughout the last three months, 39 analysts have evaluated Meta Platforms (NASDAQ:META), offering a diverse set of opinions from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 21 | 16 | 1 | 1 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 19 | 15 | 0 | 1 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $537.56, a high estimate of $610.00, and a low estimate of $360.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 1.75%.
In examining recent analyst actions, we gain insights into how financial experts perceive Meta Platforms. The following summary 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 |
|---|---|---|---|---|---|
| Rob Sanderson | Loop Capital | Maintains | Buy | $550.00 | $550.00 |
| Justin Patterson | Keybanc | Raises | Overweight | $540.00 | $475.00 |
| Brian Pitz | BMO Capital | Maintains | Market Perform | $450.00 | $450.00 |
| Josh Beck | Raymond James | Raises | Strong Buy | $550.00 | $525.00 |
| Stefan Slowinski | Exane BNP Paribas | Announces | Underperform | $360.00 | - |
| Rob Sanderson | Loop Capital | Lowers | Buy | $550.00 | $555.00 |
| Ronald Josey | Citigroup | Lowers | Buy | $550.00 | $590.00 |
| Ross Sandler | Barclays | Lowers | Overweight | $520.00 | $550.00 |
| Michael Morris | Guggenheim | Lowers | Buy | $500.00 | $520.00 |
| John Blackledge | TD Cowen | Lowers | Buy | $530.00 | $590.00 |
| Youssef Squali | Truist Securities | Lowers | Buy | $535.00 | $550.00 |
| Justin Patterson | Keybanc | Lowers | Overweight | $475.00 | $555.00 |
| Benjamin Black | Deutsche Bank | Lowers | Buy | $500.00 | $540.00 |
| Andrew Boone | JMP Securities | Lowers | Market Outperform | $525.00 | $550.00 |
| Mark Shmulik | Bernstein | Lowers | Outperform | $565.00 | $590.00 |
| Brad Erickson | RBC Capital | Lowers | Outperform | $570.00 | $600.00 |
| Josh Beck | Raymond James | Lowers | Strong Buy | $525.00 | $550.00 |
| Rohit Kulkarni | Roth MKM | Raises | Buy | $510.00 | $500.00 |
| Stephen Ju | UBS | Lowers | Buy | $575.00 | $610.00 |
| Doug Anmuth | JP Morgan | Lowers | Overweight | $480.00 | $535.00 |
| Brent Thill | Jefferies | Lowers | Buy | $540.00 | $585.00 |
| Thomas Champion | Piper Sandler | Lowers | Overweight | $545.00 | $600.00 |
| Maria Ripps | Canaccord Genuity | Lowers | Buy | $575.00 | $610.00 |
| Jason Helfstein | Oppenheimer | Lowers | Outperform | $500.00 | $585.00 |
| Barton Crockett | Rosenblatt | Raises | Buy | $562.00 | $520.00 |
| Colin Sebastian | Baird | Lowers | Outperform | $500.00 | $525.00 |
| Deepak Mathivanan | Wolfe Research | Lowers | Outperform | $500.00 | $530.00 |
| Eric Sheridan | Goldman Sachs | Lowers | Buy | $500.00 | $555.00 |
| Andrew Boone | JMP Securities | Maintains | Market Outperform | $550.00 | $550.00 |
| Justin Patterson | Keybanc | Lowers | Overweight | $555.00 | $575.00 |
| Mark Shmulik | Bernstein | Raises | Outperform | $590.00 | $535.00 |
| Maria Ripps | Canaccord Genuity | Raises | Buy | $610.00 | $580.00 |
| Youssef Squali | Truist Securities | Raises | Buy | $550.00 | $525.00 |
| Lloyd Walmsley | UBS | Raises | Buy | $610.00 | $530.00 |
| Mark Kelley | Stifel | Raises | Buy | $588.00 | $527.00 |
| Ronald Josey | Citigroup | Raises | Buy | $590.00 | $525.00 |
| Eric Sheridan | Goldman Sachs | Raises | Buy | $555.00 | $500.00 |
| Thomas Champion | Piper Sandler | Raises | Overweight | $600.00 | $525.00 |
| Jason Helfstein | Oppenheimer | Raises | Outperform | $585.00 | $525.00 |
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.
Meta is the world's largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the US and Canada and over 20% from Europe.
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Meta Platforms showcased positive performance, achieving a revenue growth rate of 27.26% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Net Margin: Meta Platforms's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 33.93% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Meta Platforms's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 8.17%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Meta Platforms's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 5.47% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Meta Platforms's debt-to-equity ratio is below the industry average. With a ratio of 0.25, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: META
