Meta Platforms (NASDAQ:META – Get Free Report) had its price target lifted by equities researchers at Tigress Financial from $935.00 to $945.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has a “strong-buy” rating on the social networking company’s stock. Tigress Financial’s target price would suggest a potential upside of 52.26% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. Wedbush upped their price objective on shares of Meta Platforms from $880.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, January 29th. Erste Group Bank upgraded Meta Platforms from a “hold” rating to a “buy” rating in a report on Thursday, March 5th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $860.00 price objective (up from $750.00) on shares of Meta Platforms in a report on Thursday, January 29th. BNP Paribas Exane assumed coverage on Meta Platforms in a research report on Monday, November 24th. They issued an “outperform” rating and a $800.00 price objective on the stock. Finally, UBS Group reissued a “buy” rating and set a $872.00 target price (up from $830.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, Meta Platforms has a consensus rating of “Moderate Buy” and a consensus price target of $846.63.
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Meta Platforms Stock Down 0.3%
Meta Platforms (NASDAQ:META – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. The company had revenue of $59.89 billion during the quarter, compared to analyst estimates of $58.33 billion. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm’s revenue was up 23.8% compared to the same quarter last year. During the same period in the prior year, the business posted $8.02 EPS. Equities research analysts forecast that Meta Platforms will post 26.7 EPS for the current year.
Insiders Place Their Bets
In related news, CTO Andrew Bosworth sold 8,089 shares of Meta Platforms stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $631.24, for a total transaction of $5,106,100.36. Following the completion of the transaction, the chief technology officer directly owned 2,841 shares of the company’s stock, valued at $1,793,352.84. This trade represents a 74.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Javier Olivan sold 2,461 shares of the business’s stock in a transaction dated Sunday, February 15th. The stock was sold at an average price of $639.77, for a total transaction of $1,574,473.97. Following the sale, the chief operating officer directly owned 12,108 shares in the company, valued at $7,746,335.16. The trade was a 16.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 159,830 shares of company stock worth $102,409,190. 13.61% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Meta Platforms
Several large investors have recently made changes to their positions in the business. Cornerstone Planning LLC bought a new stake in shares of Meta Platforms in the 4th quarter worth approximately $5,099,000. AMG Asset Management Group Inc. bought a new position in Meta Platforms during the 4th quarter valued at approximately $668,000. Rockefeller Capital Management L.P. increased its position in Meta Platforms by 14.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,031,953 shares of the social networking company’s stock valued at $681,183,000 after buying an additional 129,833 shares in the last quarter. Osbon Capital Management LLC purchased a new position in Meta Platforms during the fourth quarter valued at $925,000. Finally, Lane Brothers & Co. Inc. bought a new stake in Meta Platforms in the fourth quarter worth $434,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.
Meta Platforms News Roundup
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta confirmed and publicized its MTIA custom‑chip program (four MTIA chips) and an explicit partnership with Broadcom, strengthening its on‑premise inference roadmap and lowering long‑term unit costs for large‑scale AI deployments. This supports Meta’s ability to scale GenAI features across billions of users. META Unviels Four Custom Chips: Good and Bad News for AVGO Stock
- Positive Sentiment: Manus (Meta’s AI agent unit) launched a desktop app with a “My Computer” feature, moving agent functionality off the browser and onto personal devices — a product expansion that could increase engagement and retention for AI services. Meta’s Manus launches desktop app to bring its AI agent onto personal devices amid OpenClaw craze
- Neutral Sentiment: Meta signed a multibillion‑dollar multi‑year AI infrastructure commitment with Nebius (reported up to $27B). The deal secures GPU capacity but implies substantial future capex and long‑term vendor dependence — a mixed signal for near‑term margins vs. capacity risk. Meta Signs $27 Billion AI Infrastructure Agreement With Nebius
- Neutral Sentiment: Reports that Meta is considering large workforce reductions (widely reported as up to ~20%) are generating stock volatility: layoffs could materially lower operating costs over time but also signal large near‑term restructuring and execution risk. Analysts are split on the net earnings benefit. Meta Could Save Over $6 Billion if It Cuts 20% of Jobs. It May Not Make Much of a Dent, Says J.P.
- Negative Sentiment: Meta delayed the roll‑out of its Avocado AI model, a setback for near‑term product roadmaps and monetization tied to next‑gen AI features — investors penalize missed timing on flagship AI launches. Meta Platforms Just Delayed Its Avocado AI Rollout. Should You Sell META Stock?
- Negative Sentiment: Britain’s regulator found Meta repeatedly failed to block illegal high‑risk financial ads despite prior commitments — a regulatory and compliance lapse that could lead to fines, operational constraints or reputational damage in key markets. Exclusive: Meta vowed to stop illegal financial ads in Britain. It failed 1,000 times in a week
- Negative Sentiment: Sen. Elizabeth Warren pressed for answers about millions in donations (including from Meta) tied to a dissolved Trump library fund — a political/reputational headline that could prompt scrutiny of corporate giving policies and generate short‑term selling pressure. Elizabeth Warren Demands Answers On $63 Million Trump Library Fund After Nonprofit Dissolution
About Meta Platforms
Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.
Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.
Further Reading
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