Meta Platforms (META)
(Delayed Data from NSDQ)
$481.07 USD
-20.73 (-4.13%)
Updated Apr 19, 2024 04:00 PM ET
After-Market: $477.50 -3.57 (-0.74%) 7:58 PM ET
2-Buy of 5 2
C Value B Growth A Momentum B VGM
Meta Platforms (META) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$523.35 | $610.00 | $285.00 | 4.29% |
Price Target
Based on short-term price targets offered by 40 analysts, the average price target for Meta Platforms comes to $523.35. The forecasts range from a low of $285.00 to a high of $610.00. The average price target represents an increase of 4.29% from the last closing price of $501.80.
Analyst Price Targets (40)
Broker Rating
Meta Platforms currently has an average brokerage recommendation (ABR) of 1.28 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 46 brokerage firms. The current ABR compares to an ABR of 1.29 a month ago based on 45 recommendations.
Of the 46 recommendations deriving the current ABR, 40 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 86.96% and 2.17% of all recommendations. A month ago, Strong Buy made up 86.67%, while Buy represented 2.22%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 40 | 40 | 39 | 39 | 37 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 4 | 4 | 4 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 1.28 | 1.28 | 1.29 | 1.29 | 1.30 |
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 |
---|---|---|---|---|
4/17/2024 | Canaccord Genuity | Maria Ripps | Strong Buy | Strong Buy |
4/17/2024 | Truist Securities | Youssef Squali | Strong Buy | Strong Buy |
4/11/2024 | Piper Sandler | Thomas Champion | Strong Buy | Strong Buy |
3/19/2024 | MoffettNathanson | Michael Nathanson | Not Available | Strong Buy |
3/18/2024 | Roth Capital Partners | Rohit Kulkarni | Strong Buy | Strong Buy |
3/1/2024 | Huber Research Partners | Craig A Huber | Strong Buy | Strong Buy |
2/2/2024 | Guggenheim Securities | Michael C Morris | Strong Buy | Strong Buy |
2/2/2024 | Raymond James | Josh Beck | Strong Buy | Strong Buy |
2/2/2024 | Seaport Research Partners | Aaron Kessler | Strong Buy | Strong Buy |
2/2/2024 | Mizuho SecuritiesUSA | James Lee | Strong Buy | Strong Buy |
2/2/2024 | KeyBanc Capital Markets | Justin Patterson | Strong Buy | Strong Buy |
2/2/2024 | MonnessCrespiHardt & Co. | Brian J White | Not Available | Strong Buy |
2/2/2024 | Robert W. Baird & Co. | Colin A Sebastian | Strong Buy | Strong Buy |
2/2/2024 | Wedbush Securities | Scott Devitt | Strong Buy | Strong Buy |
2/2/2024 | Evercore Partners | Mark Mahaney | Strong Buy | Strong Buy |
2/2/2024 | Needham & Company | Laura A Martin | Strong Sell | Strong Sell |
2/2/2024 | Susquehanna Financial Group | Shyam V Patil | Strong Buy | Strong Buy |
2/2/2024 | JMP Securities | Andrew Boone | Strong Buy | Strong Buy |
1/31/2024 | The Benchmark Company | Mark Zgutowicz | Hold | Hold |
1/29/2024 | Loop Capital Markets | Robert Sanderson | Strong Buy | Strong Buy |
1/9/2024 | BMO Capital Markets | Brian J Pitz | Not Available | Hold |
10/27/2023 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/26/2023 | Rosenblatt Securities | Barton Crockett | Strong Buy | Strong Buy |
10/25/2023 | William Blair | Ralph E Schackart | Strong Buy | Strong Buy |
8/1/2023 | Argus Research Corp. | Joseph F Bonner | Strong Buy | Strong Buy |
7/25/2023 | New Street Research | Daniel Salmon | Hold | 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 | 1.28 |
ABR (Last week) | 1.28 |
# of Recs in ABR | 46 |
Average Target Price | $523.35 |
LT Growth Rate | 19.50% |
Industry | Internet - Software |
Industry Rank by ABR | 53 of 252 |
Current Quarter EPS Est: | 4.32 |