Meta Platforms (META)
(Delayed Data from NSDQ)
$528.00 USD
-3.93 (-0.74%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $527.67 -0.33 (-0.06%) 7:58 PM ET
3-Hold of 5 3
C Value A Growth A Momentum A VGM
Meta Platforms (META) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$572.50 | $647.00 | $382.00 | 7.63% |
Price Target
Based on short-term price targets offered by 42 analysts, the average price target for Meta Platforms comes to $572.50. The forecasts range from a low of $382.00 to a high of $647.00. The average price target represents an increase of 7.63% from the last closing price of $531.93.
Analyst Price Targets (42)
Broker Rating
Meta Platforms currently has an average brokerage recommendation (ABR) of 1.33 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 45 brokerage firms. The current ABR compares to an ABR of 1.33 a month ago based on 45 recommendations.
Of the 45 recommendations deriving the current ABR, 39 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 86.67% and 2.22% of all recommendations. A month ago, Strong Buy made up 86.67%, while Buy represented 2.22%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/META.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 39 | 39 | 39 | 40 | 40 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 3 | 3 | 3 | 3 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 1.33 | 1.33 | 1.33 | 1.33 | 1.36 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/16/2024 | Tigress Financial Partners | Ivan Feinseth | Strong Buy | Strong Buy |
8/6/2024 | Loop Capital Markets | Robert Sanderson | Strong Buy | Strong Buy |
8/2/2024 | New Street Research | Daniel Salmon | Strong Buy | Strong Buy |
8/1/2024 | Robert W. Baird & Co. | Colin A Sebastian | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/1/2024 | Goldman Sachs | Eric J Sheridan | Strong Buy | Strong Buy |
8/1/2024 | UBS | Stephen Ju | Strong Buy | Strong Buy |
8/1/2024 | Rosenblatt Securities | Barton Crockett | Strong Buy | Strong Buy |
8/1/2024 | Evercore Partners | Mark Mahaney | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/1/2024 | Susquehanna Financial Group | Shyam V Patil | Strong Buy | Strong Buy |
8/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/1/2024 | Atlantic Equities | James Paul Cordwell | Hold | Hold |
8/1/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
8/1/2024 | Roth Capital Partners | Rohit Kulkarni | Strong Buy | Strong Buy |
8/1/2024 | Guggenheim Securities | Michael C Morris | Strong Buy | Strong Buy |
8/1/2024 | Mizuho SecuritiesUSA | James Lee | Strong Buy | Strong Buy |
8/1/2024 | Piper Sandler | Thomas Champion | Strong Buy | Strong Buy |
8/1/2024 | KeyBanc Capital Markets | Justin Patterson | Strong Buy | Strong Buy |
7/31/2024 | Seaport Research Partners | Aaron Kessler | Strong Buy | Strong Buy |
7/31/2024 | William Blair | Ralph E Schackart | Strong Buy | Strong Buy |
7/31/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/31/2024 | Wedbush Securities | Scott Devitt | Strong Buy | Strong Buy |
7/31/2024 | Truist Securities | Youssef Squali | Strong Buy | Strong Buy |
7/30/2024 | JMP Securities | Andrew Boone | Strong Buy | Strong Buy |
7/26/2024 | Needham & Company | Laura A Martin | Strong Sell | Strong Sell |
7/25/2024 | The Benchmark Company | Mark Zgutowicz | Hold | Hold |
7/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/19/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/16/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
7/10/2024 | Cowen & Co. | John R Blackledge | Strong Buy | Strong Buy |
7/8/2024 | Wells Fargo Securities | Ken Gawrelski | Strong Buy | Strong Buy |
6/12/2024 | BMO Capital Markets | Brian J Pitz | Hold | Hold |
5/2/2024 | Exane BNP Paribas | Stefan Slowinski | Not Available | Strong Sell |
4/25/2024 | Raymond James | Josh Beck | Strong Buy | Strong Buy |
4/17/2024 | Canaccord Genuity | Maria Ripps | Strong Buy | Strong Buy |
3/19/2024 | MoffettNathanson | Michael Nathanson | Not Available | Strong Buy |
1/12/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.33 |
ABR (Last week) | 1.33 |
# of Recs in ABR | 45 |
Average Target Price | $573.29 |
LT Growth Rate | 19.00% |
Industry | Internet - Software |
Industry Rank by ABR | 100 of 253 |
Current Quarter EPS Est: | 5.14 |