Meta Platforms (NASDAQ:META) Price Target Lowered to $760.00 at KeyCorp

Meta Platforms (NASDAQ:META) had its price target lowered by stock analysts at KeyCorp from $855.00 to $760.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the social networking company’s stock. KeyCorp’s target price would suggest a potential upside of 21.48% from the company’s current price.

META has been the topic of several other research reports. Rosenblatt Securities decreased their price target on Meta Platforms from $1,144.00 to $1,015.00 and set a “buy” rating on the stock in a research note on Thursday. Needham & Company LLC reiterated a “hold” rating on shares of Meta Platforms in a research note on Thursday, January 29th. Robert W. Baird lifted their price objective on Meta Platforms from $815.00 to $830.00 and gave the company an “outperform” rating in a report on Thursday, January 29th. Sanford C. Bernstein restated an “outperform” rating and issued a $900.00 target price (up from $870.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Finally, Barclays reaffirmed an “overweight” rating and issued a $800.00 target price (up from $770.00) on shares of Meta Platforms in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $839.13.

Meta Platforms Price Performance

META traded up $13.22 during midday trading on Thursday, reaching $625.64. 4,392,224 shares of the company’s stock were exchanged, compared to its average volume of 15,852,395. The firm has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 26.57, a price-to-earnings-growth ratio of 0.89 and a beta of 1.31. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.27. Meta Platforms has a one year low of $479.80 and a one year high of $796.25. The business has a 50-day simple moving average of $632.71 and a two-hundred day simple moving average of $655.87.

Meta Platforms (NASDAQ:META) last released its quarterly earnings data on Wednesday, January 28th. The social networking company reported $8.88 earnings per share for the quarter, beating analysts’ consensus estimates of $8.16 by $0.72. Meta Platforms had a return on equity of 38.61% and a net margin of 30.08%.The company had revenue of $59.89 billion for the quarter, compared to the consensus estimate of $58.33 billion. During the same period in the previous year, the business earned $8.02 earnings per share. The company’s quarterly revenue was up 23.8% on a year-over-year basis. As a group, research analysts predict that Meta Platforms will post 26.7 EPS for the current year.

Insider Activity

In related news, COO Javier Olivan sold 926 shares of the firm’s stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $605.38, for a total value of $560,581.88. Following the transaction, the chief operating officer owned 13,335 shares in the company, valued at $8,072,742.30. This trade represents a 6.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Susan J. Li sold 56,571 shares of Meta Platforms stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $644.70, for a total value of $36,471,323.70. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 160,931 shares of company stock valued at $102,997,526. Company insiders own 13.61% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Trust Co of the South boosted its stake in Meta Platforms by 0.8% in the third quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock valued at $1,359,000 after acquiring an additional 14 shares during the last quarter. Sentinel Pension Advisors LLC raised its position in shares of Meta Platforms by 1.6% during the 3rd quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock valued at $672,000 after acquiring an additional 14 shares during the last quarter. Alpine Bank Wealth Management lifted its stake in shares of Meta Platforms by 0.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock valued at $3,159,000 after purchasing an additional 14 shares during the period. Valued Wealth Advisors LLC lifted its stake in shares of Meta Platforms by 3.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock valued at $334,000 after purchasing an additional 14 shares during the period. Finally, First National Bank Sioux Falls boosted its position in shares of Meta Platforms by 0.7% in the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock worth $1,321,000 after purchasing an additional 14 shares during the last quarter. Institutional investors own 79.91% of the company’s stock.

Trending Headlines about Meta Platforms

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Muse Spark rollout — Meta released Muse Spark, the first major model from its Superintelligence Labs, which analysts and markets interpreted as a step toward monetizing its AI investment and catching up with rivals; that news drove buying interest. Meta debuts the Muse Spark model
• Positive Sentiment: Competitive tailwind from OpenAI setback — OpenAI’s shutdown of Sora removes a short-form video competitor and reinforces Meta’s position in Reels, supporting the ad-revenue thesis. OpenAI Shutters Sora: A Win for Meta Platforms
• Neutral Sentiment: Large CoreWeave agreement secures AI capacity but increases committed spend — Meta agreed to an expanded, multi-year cloud capacity arrangement with CoreWeave worth about $21 billion through 2032, ensuring GPU supply for scale but raising questions about future AI operating and capital costs. Investors are weighing the capacity/security benefit against higher long-term AI spend. CoreWeave signs $21 billion AI cloud deal with Meta
• Neutral Sentiment: Analyst view: Rosenblatt trims target but stays bullish — Rosenblatt lowered its price target to $1,015 (still a “buy”), signaling continued conviction in Meta’s long-term upside even as near-term expectations were adjusted. Benzinga coverage
• Negative Sentiment: Regulatory/legal noise — Meta removed law-firm ads aimed at recruiting plaintiffs after recent trial losses, highlighting ongoing legal exposure that could pressure sentiment and costs. Meta Removes Law-Firm Ads Recruiting Clients to Sue Them
• Negative Sentiment: Minor earnings revision — Erste Group trimmed its FY2027 EPS estimate slightly and maintains a “Hold” rating, a reminder that analyst estimates are being adjusted amid mixed margin and spending signals. MarketBeat analyst note

Meta Platforms Company Profile

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.