Meta Platforms, Inc. (NASDAQ:META – Get Free Report) shares were up 5.7% during trading on Thursday . The company traded as high as $660.57 and last traded at $647.63. Approximately 21,267,396 shares were traded during trading, an increase of 47% from the average daily volume of 14,483,306 shares. The stock had previously closed at $612.96.
Key Headlines Impacting Meta Platforms
Here are the key news stories impacting Meta Platforms this week:
- Positive Sentiment: Meta will begin showing ads on Threads to users worldwide next week — a direct monetization path for a 400M+ MAU product that can boost revenue growth and advertiser spend. Meta to begin rolling out Threads ads globally
- Positive Sentiment: Jefferies reiterated a Buy and kept a high $910 price target, pitching the recent pullback as an attractive risk/reward and calling the valuation discount a buying opportunity — that endorsement supports upside for the stock. Meta Platforms pullback creates upside opportunity
- Positive Sentiment: TD Cowen lifted its price target and Meta plans to double production of its Meta Glasses — signals of bullish analyst sentiment plus product investment that could drive future hardware/AR revenue. Meta to Double Production for Meta Glasses
- Positive Sentiment: Meta’s new AI lab has delivered first in‑house models, per company CTO — progress that supports the long-term AI investment thesis and Meta’s compute/capex narrative. Meta’s new AI team has delivered first key models
- Positive Sentiment: Oklo’s deal to power Meta data centers is viewed as de‑risking Meta’s infrastructure plans and could lower long‑term energy/capex uncertainty for buildout. Oklo Stock Upgraded to Buy
- Neutral Sentiment: Director Robert Kimmitt sold 580 shares (disclosed) — typical insider activity but relatively small; notable for transparency rather than signaling major conviction change. Insider sale filing
- Negative Sentiment: Regulatory/legal risk: Meta is preparing to limit evidence in a New Mexico child‑safety trial — an active lawsuit that could lead to reputational damage, potential liability and investor concern if adverse outcomes occur. Meta seeks to limit evidence in child safety case
- Negative Sentiment: Analyst/target changes cut near‑term sentiment: UBS trimmed its price target to $830 and other notes flagged downgrades that have pressured the stock recently, contributing to short‑term selling. UBS Lowers Meta Price Target
- Negative Sentiment: Reality Labs cuts and layoffs (including ~331 in Washington) highlight ongoing setbacks in the metaverse/hardware strategy and could cap sentiment around long‑term VR/AR upside. Meta lays off 331 workers in Washington state
Analyst Ratings Changes
META has been the subject of several research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $910.00 price target on shares of Meta Platforms in a research note on Thursday. Citigroup restated a “buy” rating on shares of Meta Platforms in a research report on Thursday, December 4th. BNP Paribas Exane started coverage on shares of Meta Platforms in a report on Monday, November 24th. They issued an “outperform” rating and a $800.00 price target on the stock. Cantor Fitzgerald raised their price objective on shares of Meta Platforms from $720.00 to $750.00 and gave the stock an “overweight” rating in a research note on Thursday, January 8th. Finally, Guggenheim reduced their target price on Meta Platforms from $875.00 to $800.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $821.55.
Meta Platforms Stock Performance
The stock has a market cap of $1.63 trillion, a price-to-earnings ratio of 28.61, a price-to-earnings-growth ratio of 1.19 and a beta of 1.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.98 and a quick ratio of 1.98. The stock’s 50-day moving average is $640.41 and its 200-day moving average is $697.92.
Meta Platforms (NASDAQ:META – Get Free Report) last issued its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion for the quarter, compared to analyst estimates of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.The business’s revenue for the quarter was up 26.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $6.03 EPS. Analysts anticipate that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.
Meta Platforms Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 15th were issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Monday, December 15th. Meta Platforms’s dividend payout ratio (DPR) is 9.28%.
Insider Transactions at Meta Platforms
In other news, insider Jennifer Newstead sold 519 shares of the business’s stock in a transaction dated Tuesday, December 30th. The stock was sold at an average price of $658.69, for a total transaction of $341,860.11. Following the completion of the sale, the insider owned 28,658 shares in the company, valued at approximately $18,876,738.02. The trade was a 1.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Javier Olivan sold 517 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $653.00, for a total transaction of $337,601.00. Following the completion of the sale, the chief operating officer directly owned 11,166 shares of the company’s stock, valued at $7,291,398. The trade was a 4.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 40,115 shares of company stock worth $24,741,055 in the last ninety days. Insiders own 13.61% of the company’s stock.
Institutional Investors Weigh In On Meta Platforms
Large investors have recently added to or reduced their stakes in the company. Westchester Capital Management Inc. acquired a new stake in Meta Platforms during the 3rd quarter valued at approximately $26,000. Bare Financial Services Inc acquired a new stake in Meta Platforms in the second quarter valued at $30,000. Evergreen Private Wealth LLC raised its holdings in 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 acquiring an additional 38 shares in the last quarter. Briaud Financial Planning Inc bought a new position in Meta Platforms during the 2nd quarter valued at $42,000. Finally, Knuff & Co LLC acquired a new position in Meta Platforms during the 2nd quarter worth $44,000. 79.91% of the stock is owned by institutional investors and hedge funds.
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.
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