Meta Platforms (NASDAQ:META) Given New $920.00 Price Target at JPMorgan Chase & Co.

Meta Platforms (NASDAQ:META) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $820.00 to $920.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the social networking company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 20.37% from the company’s previous close.

Several other brokerages have also commented on META. Arete Research set a $735.00 price objective on Meta Platforms and gave the company a “buy” rating in a report on Tuesday, June 2nd. Wells Fargo & Company upped their target price on Meta Platforms from $640.00 to $796.00 and gave the company an “overweight” rating in a research report on Monday. Rosenblatt Securities reiterated a “buy” rating and issued a $886.00 price target on shares of Meta Platforms in a research note on Wednesday, September 16th. Tigress Financial reiterated a “strong-buy” rating on shares of Meta Platforms in a research note on Thursday. Finally, DA Davidson lowered their price target on Meta Platforms from $850.00 to $700.00 and set a “buy” rating for the company in a report on Thursday, July 30th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $801.22.

Meta Platforms Stock Up 2.7%

Shares of NASDAQ:META traded up $20.23 during trading on Thursday, reaching $764.33. The stock had a trading volume of 16,039,211 shares, compared to its average volume of 17,337,160. The firm’s 50-day simple moving average is $610.79 and its 200 day simple moving average is $611.16. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.32. Meta Platforms has a one year low of $520.26 and a one year high of $770.90. The company has a market capitalization of $1.95 trillion, a P/E ratio of 28.89, a PEG ratio of 1.28 and a beta of 1.25.

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 firm had revenue of $60.80 billion for the quarter, compared to the consensus estimate of $60.22 billion. During the same quarter last year, the firm earned $7.14 EPS. The company’s revenue was up 28.0% compared to the same quarter last year. As a group, research analysts expect that Meta Platforms will post 27.93 EPS for the current fiscal year.

Insider Transactions at Meta Platforms

In related news, insider Christopher Cox sold 40,000 shares of Meta Platforms stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $712.76, for a total transaction of $28,510,400.00. Following the completion of the sale, the insider owned 184,516 shares of the company’s stock, valued at $131,515,624.16. The trade was a 17.82% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total transaction of $2,002,514.40. Following the completion of the transaction, the chief accounting officer owned 6,271 shares in the company, valued at approximately $3,875,854.26. This trade represents a 34.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 123,333 shares of company stock valued at $80,795,845. 13.53% of the stock is owned by company insiders.

Institutional Trading of Meta Platforms

A number of hedge funds have recently added to or reduced their stakes in the company. Watchman Group Inc. grew its holdings in shares of Meta Platforms by 0.3% during the 1st quarter. Watchman Group Inc. now owns 5,091 shares of the social networking company’s stock worth $2,913,000 after purchasing an additional 15 shares in the last quarter. Penney Financial LLC raised its stake in shares of Meta Platforms by 3.9% in the first quarter. Penney Financial LLC now owns 399 shares of the social networking company’s stock valued at $228,000 after purchasing an additional 15 shares in the last quarter. Barnes Pettey Financial Advisors LLC raised its stake in shares of Meta Platforms by 1.0% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 1,519 shares of the social networking company’s stock valued at $869,000 after purchasing an additional 15 shares in the last quarter. CWS Financial Advisors LLC lifted its position in Meta Platforms by 1.7% in the first quarter. CWS Financial Advisors LLC now owns 985 shares of the social networking company’s stock worth $564,000 after purchasing an additional 16 shares during the period. Finally, Tenzing Financial LLC lifted its position in Meta Platforms by 1.3% in the second quarter. Tenzing Financial LLC now owns 1,210 shares of the social networking company’s stock worth $726,000 after purchasing an additional 16 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Meta Platforms News Roundup

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

• Positive Sentiment: Analysts raised price targets. Citizens JMP increased its target to $885 from $770, while other firms—including JPMorgan, KeyCorp, Cantor Fitzgerald and RBC—also offered bullish assessments. JPMorgan compared Muse’s early potential with ChatGPT’s launch. Meta stock rises as analysts raise price targets
• Positive Sentiment: Muse is gaining users quickly. Apptopia estimated approximately 642,000 daily U.S. users during Muse’s first 12 days, compared with 231,000 for ChatGPT at the same stage of its mobile launch. Investors are increasingly expecting monetization through subscriptions, advertising, commerce and business services. Meta unveils Muse Charm handheld device
• Positive Sentiment: Meta expanded its AI hardware ecosystem. The company unveiled the Muse Charm handheld device, camera-free Ray-Ban Meta Audio glasses and $1,299 Meta VR Glasses, giving Muse additional distribution channels and potentially strengthening Meta’s long-term platform strategy. Mark Zuckerberg debuts Meta VR Glasses and Muse Charm
• Positive Sentiment: Non-advertising revenue opportunities are emerging. Meta One subscription offerings, in-app purchases and Muse’s commerce integrations—including Shopify’s Shop Pay—could help diversify revenue beyond the company’s core advertising business. Meta One subscriptions show positive early signs
• Neutral Sentiment: Macro conditions remain a near-term influence. Rising Treasury yields and oil prices pressured broader technology stocks, although Meta’s gains outpaced the major indexes as investors focused on company-specific AI developments.
• Negative Sentiment: AI spending and valuation are significant risks. Analysts are debating whether Meta’s capital expenditures could approach $145 billion while free cash flow reportedly fell sharply. The stock’s steep recent rally increases the risk of profit-taking if Muse monetization does not meet elevated expectations. Meta’s spending and valuation debate
• Negative Sentiment: Competitive and privacy concerns persist. Amazon has blocked Muse from its website, while privacy and security concerns surrounding AI agents and smart glasses could restrict adoption or attract regulatory scrutiny. Insider share sales under pre-arranged trading plans are an additional, though limited, cautionary signal.

About Meta Platforms

Meta Platforms, Inc develops technologies that help people connect, communicate and build communities online. The company’s principal products include Facebook, Instagram, Messenger, WhatsApp and Threads, which enable social networking, messaging, content sharing and digital communication.

Meta generates most of its business through advertising displayed across its family of apps. It also develops artificial intelligence technologies, business messaging tools and hardware and software through its Reality Labs division, including Quest virtual- and mixed-reality devices and related experiences.

The company was founded as Facebook in 2004 by Mark Zuckerberg and was renamed Meta Platforms in 2021 to reflect its broader focus on building the metaverse.