Meta Platforms (META) Stock Forecast & Price Target

$595.94

+13.17 (+2.26%)

(As of 10/4/2024 ET)

Meta Platforms - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 41 Analyst Ratings

Sell
2

Hold
2

Buy
37

Based on 41 Wall Street analysts who have issued ratings for Meta Platforms in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 41 analysts, 2 have given a sell rating, 2 have given a hold rating, 35 have given a buy rating, and 2 have given a strong buy rating for META.

Consensus Price Target

$598.08
0.36% Upside

According to the 41 analysts' twelve-month price targets for Meta Platforms, the average price target is $598.08. The highest price target for META is $811.00, while the lowest price target for META is $360.00. The average price target represents a forecasted upside of 0.36% from the current price of $595.94.

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META Analyst Ratings Over Time

Type	Current Forecast 10/6/23 to 10/5/24	1 Month Ago 9/6/23 to 9/5/24	3 Months Ago 7/8/23 to 7/7/24	1 Year Ago 10/6/22 to 10/6/23
Strong Buy	2 Strong Buy rating(s)	2 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	35 Buy rating(s)	33 Buy rating(s)	37 Buy rating(s)	44 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)	5 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$598.08	$576.66	$511.27	$319.81
Forecasted Upside	0.36% Upside	11.57% Upside	-5.30% Downside	1.39% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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META Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

META Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Meta Platforms Stock vs. The Competition

Type	Meta Platforms	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.90	2.66	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	0.36% Upside	1,691.71% Upside	7.02% Upside
News Sentiment Rating	Neutral News See Recent META News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
10/2/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$647.00 ➝ $652.00	+13.60%
10/1/2024	Pivotal Research 4 of 5 stars	J. Wlodarczak Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$780.00	+36.26%
9/30/2024	Cantor Fitzgerald 3 of 5 stars	D. Mathivanan Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Overweight ➝ Overweight	$660.00 ➝ $660.00	+15.08%
9/30/2024	Monness Crespi & Hardt Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. White Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$570.00 ➝ $620.00	+9.28%
9/26/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$643.00 ➝ $811.00	+43.86%
9/26/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$610.00 ➝ $640.00	+13.13%
Get the Latest News and Ratings for META and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Meta Platforms and its competitors with MarketBeat's FREE daily newsletter.
9/26/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$563.00 ➝ $630.00	+11.36%
9/26/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$600.00 ➝ $600.00	+5.58%
9/26/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Outperform ➝ Market Outperform	$550.00 ➝ $635.00	+11.73%
9/26/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$530.00 ➝ $605.00	+6.46%
9/23/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$580.00 ➝ $645.00	+13.53%
9/10/2024	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Luria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$600.00	+18.86%
9/4/2024	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Underperform
8/16/2024	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy ➝ Strong-Buy	$575.00 ➝ $645.00	+21.92%
8/6/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$550.00 ➝ $575.00	+17.09%
8/1/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$500.00 ➝ $600.00	+21.49%
8/1/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$525.00 ➝ $585.00	+18.26%
8/1/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$520.00 ➝ $550.00	+10.77%
8/1/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$510.00 ➝ $550.00	+10.77%
8/1/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$540.00 ➝ $560.00	+12.78%
8/1/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$570.00 ➝ $570.00	+13.26%
8/1/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$550.00 ➝ $590.00	+16.33%
8/1/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$550.00 ➝ $600.00	+15.83%
8/1/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$550.00 ➝ $600.00	+15.83%
8/1/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$535.00 ➝ $570.00	+10.04%
8/1/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$630.00 ➝ $635.00	+33.73%
8/1/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$522.00 ➝ $555.00	+16.88%
8/1/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$525.00 ➝ $615.00	+29.52%
8/1/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$550.00 ➝ $575.00	+21.10%
8/1/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$545.00 ➝ $575.00	+21.10%
8/1/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$565.00 ➝ $600.00	+26.36%
7/25/2024	Benchmark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Hold
7/22/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$565.00 ➝ $575.00	+17.73%
7/16/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Khajuria Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$620.00	+24.96%
7/10/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$530.00 ➝ $600.00	+11.77%
7/10/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$530.00 ➝ $600.00	+13.21%
7/1/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Strong-Buy	$550.00 ➝ $600.00	+20.91%
6/12/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform ➝ Market Perform	$450.00 ➝ $450.00	-11.32%
5/2/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Underperform	$360.00	-18.03%
4/25/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$610.00 ➝ $575.00	+16.51%
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2/2/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$470.00 ➝ $575.00	+45.65%
8/28/2023	CICC Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform
8/1/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$353.00 ➝ $375.00	+17.70%
7/28/2023	China Renaissance Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$380.00	+21.91%
7/27/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Reduce ➝ Hold	$285.00	-11.15%
7/27/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$361.00 ➝ $407.00	+36.32%
7/25/2023	New Street Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$350.00	+20.02%
6/26/2023	92 Resources Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
4/27/2023	Huber Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight
4/11/2023	OTR Global Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Mixed ➝ Positive
3/20/2023	Edward Jones Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
3/6/2023	Arete Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral ➝ Sell
2/3/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Hold	$180.00	-4.65%
2/2/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Kulkarni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$125.00 ➝ $210.00	+10.73%
2/2/2023	SVB Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$220.00 ➝ $255.00	+34.46%
2/2/2023	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Blackledge Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$135.00 ➝ $175.00	+14.29%
1/20/2023	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Rohit Kulkarni Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$140.00 ➝ $155.00	+13.11%
11/7/2022	Itaú Unibanco Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Outperform	$102.00	+8.86%
11/7/2022	Itau BBA Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Thiago Kapulskis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$102.00	+12.35%
10/28/2022	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$185.00 ➝ $80.00	-19.30%
10/27/2022	Atlantic Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$120.00	+23.03%
10/27/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$205.00 ➝ $135.00	+3.99%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 06:30 PM ET.

Should I Buy Meta Platforms Stock? META Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 29, 2024. Please send any questions or comments about these Meta Platforms pros and cons to contact@marketbeat.com.

Meta Platforms
Bull Case

Here are some ways that investors could benefit from investing in Meta:

Meta Platforms stock recently hit an all-time high, indicating strong performance and potential for further growth.
Meta AI is positioned to become the most used AI assistant by the end of the year, showcasing the company's technological advancements and market dominance.
Meta's innovative approach to technology and social media platforms continues to attract a large user base, providing a solid foundation for revenue growth.
Meta's strategic partnerships and acquisitions in the tech industry enhance its competitive edge and market presence, offering potential for increased market share.
Meta's focus on AI development and integration across its platforms positions it well for future technological trends and advancements in the industry.

Meta Platforms
Bear Case

Investors should be bearish about investing in Meta for these reasons:

Market volatility and regulatory challenges in the tech industry could impact Meta's stock price and financial performance.
Competition from other tech giants and emerging social media platforms may pose a threat to Meta's market dominance and user engagement levels.
Concerns over data privacy and security issues could lead to increased scrutiny and potential user backlash against Meta's platforms.
Fluctuations in advertising revenue, which is a key source of income for Meta, could impact the company's financial stability and growth prospects.
Macro-economic factors and global events may influence investor sentiment towards tech stocks like Meta, leading to fluctuations in stock price and market valuation.

META Forecast - Frequently Asked Questions

: According to the research reports of 41 Wall Street equities research analysts, the average twelve-month stock price forecast for Meta Platforms is $598.08, with a high forecast of $811.00 and a low forecast of $360.00.
: 41 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last twelve months. There are currently 2 sell ratings, 2 hold ratings, 35 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" META shares.
: According to analysts, Meta Platforms's stock has a predicted upside of 0.36% based on their 12-month stock forecasts.
: Meta Platforms has been rated by research analysts at Bank of America, Barclays, Benchmark, Cantor Fitzgerald, Citigroup, DA Davidson, Deutsche Bank Aktiengesellschaft, Evercore ISI, Guggenheim, Jefferies Financial Group, JMP Securities, JPMorgan Chase & Co., KeyCorp, Loop Capital, Monness Crespi & Hardt, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Pivotal Research, Robert W. Baird, Rosenblatt Securities, Roth Mkm, Royal Bank of Canada, Sanford C. Bernstein, Stifel Nicolaus, Susquehanna, TD Cowen, TD Securities, The Goldman Sachs Group, Tigress Financial, Truist Financial, UBS Group, Wedbush, Wells Fargo & Company, and Wolfe Research in the past 90 days.
: Analysts like Meta Platforms more than other "computer and technology" companies. The consensus rating score for Meta Platforms is 2.90 while the average consensus rating score for "computer and technology" companies is 2.66. Learn more on how META compares to other companies.

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This page (NASDAQ:META) was last updated on 10/5/2024 by MarketBeat.com Staff

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