Meta Platforms (META)
(Delayed Data from NSDQ)
$567.58 USD
-24.22 (-4.09%)
Updated Oct 31, 2024 04:00 PM ET
After-Market: $567.59 +0.01 (0.00%) 7:32 PM ET
2-Buy of 5 2
C Value B Growth B Momentum B VGM
Meta Platforms (META) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$624.17 | $811.00 | $475.00 | 5.47% |
Price Target
Based on short-term price targets offered by 46 analysts, the average price target for Meta Platforms comes to $624.17. The forecasts range from a low of $475.00 to a high of $811.00. The average price target represents an increase of 5.47% from the last closing price of $591.80.
Analyst Price Targets (46)
Broker Rating
Meta Platforms currently has an average brokerage recommendation (ABR) of 1.39 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 49 brokerage firms. The current ABR compares to an ABR of 1.32 a month ago based on 47 recommendations.
Of the 49 recommendations deriving the current ABR, 41 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 83.67% and 2.04% of all recommendations. A month ago, Strong Buy made up 87.23%, while Buy represented 2.13%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 41 | 41 | 41 | 38 | 39 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 5 | 4 | 3 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 2 |
ABR | 1.39 | 1.35 | 1.32 | 1.34 | 1.33 |
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 |
---|---|---|---|---|
10/25/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/24/2024 | Not Identified | Not Identified | Not Available | Hold |
10/17/2024 | Cowen & Co. | John R Blackledge | Strong Buy | Strong Buy |
10/11/2024 | Scotiabank | Nathaniel H Schindler | Not Available | Hold |
10/10/2024 | Raymond James | Josh Beck | Strong Buy | Strong Buy |
10/9/2024 | BMO Capital Markets | Brian J Pitz | Hold | Hold |
10/1/2024 | Canaccord Genuity | Maria Ripps | Strong Buy | Strong Buy |
10/1/2024 | Pivotal Research Group | Jeffrey D Wlodarczak | Not Available | Strong Buy |
9/30/2024 | MonnessCrespiHardt & Co. | Brian J White | Not Available | Strong Buy |
9/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/10/2024 | D.A. Davidson | Gil Luria | Not Available | Strong Buy |
9/5/2024 | Cantor Fitzgerald & Co | Deepak Mathivanan | Not Available | Strong Buy |
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 | 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 |
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 |
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 | Truist Securities | Youssef Squali | Strong Buy | Strong Buy |
7/31/2024 | Wedbush Securities | Scott Devitt | Strong Buy | Strong Buy |
7/31/2024 | Not Identified | Not Identified | 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 |
7/21/2024 | 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 |
7/8/2024 | Wells Fargo Securities | Ken Gawrelski | Strong Buy | Strong Buy |
5/2/2024 | Exane BNP Paribas | Stefan Slowinski | Not Available | Strong Sell |
3/19/2024 | MoffettNathanson | Michael Nathanson | Not Available | 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 | 1.39 |
ABR (Last week) | 1.35 |
# of Recs in ABR | 49 |
Average Target Price | $624.17 |
LT Growth Rate | 19.10% |
Industry | Internet - Software |
Industry Rank by ABR | 72 of 252 |
Current Quarter EPS Est: | 6.33 |
META FAQs
Meta Platforms, Inc. (META) currently has an average brokerage recommendation (ABR) of 1.39 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 49 brokerage firms.
The average price target for Meta Platforms, Inc. (META) is $624.17. The current on short-term price targets is based on 19 reports.
The forecasts for Meta Platforms, Inc. (META) range from a low of $475 to a high of $811. The average price target represents a increase of $5.47 from the last closing price of $591.80.
The current UPSIDE for Meta Platforms, Inc. (META) is 5.47%
Based on short-term price targets offered by 46 analysts, the average price target for Meta Platforms comes to $624.17. The forecasts range from a low of $475.00 to a high of $811.00. The average price target represents an increase of 5.47% from the last closing price of $591.80.