Mizuho Lowers Meta Platforms (NASDAQ:META) Price Target to $815.00

Meta Platforms (NASDAQ:META) had its price target dropped by investment analysts at Mizuho from $925.00 to $815.00 in a note issued to investors on Thursday, MarketBeat reports. The brokerage currently has an “outperform” rating on the social networking company’s stock. Mizuho’s price objective would suggest a potential upside of 25.70% from the company’s current price.

Several other research analysts also recently weighed in on the company. Robert W. Baird upped their target price on Meta Platforms from $635.00 to $740.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd. JMP Securities boosted their price target on shares of Meta Platforms from $750.00 to $900.00 and gave the stock a “market outperform” rating in a report on Thursday, July 31st. DA Davidson increased their price objective on shares of Meta Platforms from $650.00 to $825.00 and gave the company a “buy” rating in a report on Thursday, July 31st. Wells Fargo & Company boosted their target price on shares of Meta Platforms from $811.00 to $837.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 7th. Finally, The Goldman Sachs Group restated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Meta Platforms has a consensus rating of “Moderate Buy” and an average price target of $827.60.

Meta Platforms Trading Down 2.7%

Shares of Meta Platforms stock opened at $648.35 on Thursday. Meta Platforms has a fifty-two week low of $479.80 and a fifty-two week high of $796.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.97 and a current ratio of 1.98. The company has a market cap of $1.63 trillion, a P/E ratio of 28.64, a price-to-earnings-growth ratio of 1.41 and a beta of 1.20. The firm has a 50-day simple moving average of $738.28 and a two-hundred day simple moving average of $696.73.

Meta Platforms (NASDAQ:META) last released its quarterly earnings results on Wednesday, October 29th. The social networking company reported $7.25 earnings per share for the quarter, topping analysts’ consensus estimates of $6.74 by $0.51. The company had revenue of $51.24 billion during the quarter, compared to analysts’ expectations of $49.34 billion. Meta Platforms had a return on equity of 39.35% and a net margin of 30.89%.Meta Platforms’s quarterly revenue was up 26.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.03 EPS. Meta Platforms has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that Meta Platforms will post 26.7 earnings per share for the current fiscal year.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 15,847 shares of the business’s stock in a transaction on Monday, August 4th. The stock was sold at an average price of $769.38, for a total transaction of $12,192,364.86. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Susan J. Li sold 18,332 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $764.71, for a total value of $14,018,663.72. Following the completion of the sale, the chief financial officer owned 84,141 shares of the company’s stock, valued at approximately $64,343,464.11. The trade was a 17.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 198,335 shares of company stock valued at $153,047,009. Company insiders own 13.61% of the company’s stock.

Institutional Investors Weigh In On Meta Platforms

Hedge funds have recently modified their holdings of the company. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms in the first quarter valued at approximately $28,000. Bare Financial Services Inc acquired a new stake in Meta Platforms during the second quarter worth $30,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Meta Platforms in the first quarter valued at $33,000. Evergreen Private Wealth LLC lifted its stake in shares of Meta Platforms by 237.5% in the 2nd quarter. Evergreen Private Wealth LLC now owns 54 shares of the social networking company’s stock valued at $40,000 after purchasing an additional 38 shares during the last quarter. Finally, Briaud Financial Planning Inc acquired a new position in shares of Meta Platforms in the 2nd quarter valued at $42,000. Hedge funds and other institutional investors own 79.91% of the company’s stock.

About Meta Platforms

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.