Meta Platforms (NASDAQ:META) Stock Keeps Buy Rating at Rosenblatt Securities

Meta Platforms (NASDAQ:META)‘s stock had its “buy” rating reiterated by investment analysts at Rosenblatt Securities in a research report issued on Tuesday, Benzinga reports. They presently have a $886.00 price objective on the social networking company’s stock. Rosenblatt Securities’ target price points to a potential upside of 28.49% from the stock’s current price.

Several other equities research analysts also recently commented on META. Canaccord Genuity Group lifted their price objective on shares of Meta Platforms from $930.00 to $950.00 and gave the stock a “buy” rating in a research note on Friday, September 25th. Phillip Securities upgraded shares of Meta Platforms from a “buy” rating to a “strong-buy” rating and lowered their price objective for the stock from $795.00 to $750.00 in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of Meta Platforms from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Tigress Financial reiterated a “strong-buy” rating and set a $945.00 price objective (down from $995.00) on shares of Meta Platforms in a research note on Thursday, September 24th. Finally, Robert W. Baird decreased their target price on shares of Meta Platforms from $830.00 to $750.00 and set an “outperform” rating for the company in a research report on Thursday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Meta Platforms currently has an average rating of “Moderate Buy” and an average target price of $811.24.

Meta Platforms Stock Performance

Shares of NASDAQ:META traded down $15.88 on Tuesday, hitting $689.57. 10,919,157 shares of the company were exchanged, compared to its average volume of 17,482,875. Meta Platforms has a 1-year low of $520.26 and a 1-year high of $779.82. The stock’s 50 day moving average price is $657.99 and its 200 day moving average price is $627.42. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $1.76 trillion, a P/E ratio of 25.98, a price-to-earnings-growth ratio of 1.20 and a beta of 1.19.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings data on Wednesday, July 29th. The social networking company reported $6.18 EPS for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The company had revenue of $60.80 billion for the quarter, compared to analyst estimates of $60.22 billion. During the same quarter in the previous year, the firm posted $7.14 earnings per share. The company’s quarterly revenue was up 28.0% on a year-over-year basis. Sell-side analysts predict that Meta Platforms will post 28.81 EPS for the current year.

Insider Transactions at Meta Platforms

In other news, CEO Mark Zuckerberg sold 27,474 shares of the firm’s stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $777.44, for a total transaction of $21,359,386.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Andrew Bosworth sold 7,848 shares of Meta Platforms stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $558.00, for a total value of $4,379,184.00. Following the completion of the transaction, the chief technology officer owned 828 shares of the company’s stock, valued at approximately $462,024. This represents a 90.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 148,331 shares of company stock worth $101,233,569. Insiders own 13.53% of the company’s stock.

Hedge Funds Weigh In On Meta Platforms

A number of large investors have recently bought and sold shares of the business. State Street Corp raised its holdings in shares of Meta Platforms by 4.0% in the second quarter. State Street Corp now owns 92,033,963 shares of the social networking company’s stock valued at $51,841,811,000 after buying an additional 3,510,123 shares during the last quarter. Bank of America Corp DE increased its position in Meta Platforms by 14.6% in the first quarter. Bank of America Corp DE now owns 21,038,035 shares of the social networking company’s stock worth $12,036,491,000 after purchasing an additional 2,673,494 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Meta Platforms by 1.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,836,063 shares of the social networking company’s stock worth $7,230,426,000 after purchasing an additional 162,909 shares during the period. Amundi increased its position in Meta Platforms by 18.1% in the first quarter. Amundi now owns 11,858,972 shares of the social networking company’s stock worth $6,784,873,000 after purchasing an additional 1,815,017 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in Meta Platforms by 4.0% in the first quarter. Dimensional Fund Advisors LP now owns 10,429,812 shares of the social networking company’s stock worth $5,964,745,000 after purchasing an additional 404,948 shares during the period. Institutional investors and hedge funds own 79.91% of the company’s stock.

Key Headlines Impacting Meta Platforms

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

• Positive Sentiment: Meta’s Muse AI companion reached 10.9 million downloads in its first 40 days, including 10.2 million in the United States. Reaching that level places Muse among a small group of mobile apps with similarly rapid adoption and supports the potential for future advertising, commerce and subscription monetization. Meta’s Muse hits 10M U.S. downloads in 40 days
• Positive Sentiment: Analysts remain constructive ahead of earnings, citing resilient advertising demand, AI-driven user engagement and expanding monetization across Meta’s apps. Rosenblatt reaffirmed a Buy rating and set an $886 price target, implying substantial upside from recent levels. Meta heads into earnings with AI ambitions soaring
• Neutral Sentiment: Meta reports third-quarter results after the market close on October 21. Investors will focus on advertising revenue, AI engagement and Muse adoption, as well as management’s outlook for capital expenditures and operating margins. Meta’s AI spending and Muse adoption in focus
• Negative Sentiment: Investors are increasingly concerned that Meta’s aggressive AI infrastructure investment will pressure free cash flow, margins and potentially require additional financing or equity issuance. Those concerns are particularly important because the stock has already performed strongly and trades at a premium valuation. AI chip stocks bounce back as Meta equity raise comes into focus
• Negative Sentiment: Broader selling in AI-related technology stocks is adding pressure to META as investors question whether the enormous spending cycle will generate sufficient returns. Meta also apologized after suspending the “No Kings” Instagram account, creating a limited reputational and regulatory overhang. Meta apologizes after suspending Instagram account

Meta Platforms Company Profile

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company’s principal platforms include Facebook, Instagram, Messenger, WhatsApp, and Threads, which enable users to connect, communicate, share content, and discover products and services.

Meta also operates Reality Labs, its division focused on virtual, augmented, and mixed reality technologies. Reality Labs develops products such as Meta Quest virtual reality headsets and related software and experiences, along with research and hardware intended to support immersive computing.