Meta Platforms Inc has a consensus price target of $568.83 based on the ratings of 38 analysts. The high is $647 issued by Wells Fargo on August 1, 2024. The low is $360 issued by Exane BNP Paribas on May 2, 2024. The 3 most-recent analyst ratings were released by JMP Securities, Guggenheim, and Deutsche Bank on August 1, 2024, respectively. With an average price target of $578.33 between JMP Securities, Guggenheim, and Deutsche Bank, there's an implied 19.00% upside for Meta Platforms Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Meta Platforms (NASDAQ:META) was reported by JMP Securities on August 1, 2024. The analyst firm set a price target for $550.00 expecting META to rise to within 12 months (a possible 13.17% upside). 100 analyst firms have reported ratings in the last year.
The latest analyst rating for Meta Platforms (NASDAQ:META) was provided by JMP Securities, and Meta Platforms maintained their market outperform rating.
There is no last upgrade for Meta Platforms
There is no last downgrade for Meta Platforms.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Meta Platforms, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Meta Platforms was filed on August 1, 2024 so you should expect the next rating to be made available sometime around August 1, 2025.
While ratings are subjective and will change, the latest Meta Platforms (META) rating was a maintained with a price target of $525.00 to $550.00. The current price Meta Platforms (META) is trading at is $486.00, which is out of the analyst’s predicted range.
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