Meta Platforms (META) has been upgraded to a Zacks Rank #2 (Buy) due to positive earnings trends
From Nasdaq: 2025-04-02 12:00:00
Meta Platforms (META) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates. This reflects positivity about its earnings outlook, potentially leading to buying pressure and a rise in stock price. Rising earnings estimates for Meta Platforms indicate an improvement in its underlying business.
The Zacks Rank system tracks earnings estimate revisions, which strongly correlate with stock price movements. Institutional investors use earnings estimates to calculate fair value, influencing stock prices. Meta Platforms’ increasing earnings estimates and rating upgrade signal a better business outlook, likely driving the stock higher. Harnessing the power of earnings estimate revisions can lead to rewarding investment decisions.
For the fiscal year ending December 2025, Meta Platforms is expected to earn $25.61 per share, with a 7.3% change from the previous year. Analysts have been consistently raising their estimates for the company, with a 1.7% increase in the Zacks Consensus Estimate over the past three months. The Zacks rating system maintains an equal proportion of ‘buy’ and ‘sell’ ratings for all stocks, with only the top 20% receiving ‘Strong Buy’ or ‘Buy’ ratings.
The Zacks Rank #2 upgrade for Meta Platforms places it in the top 20% of Zacks-covered stocks for estimate revisions, suggesting potential upward movement in the near term. Additionally, there are 5 stocks identified as potential home runs by Zacks experts, with the chance to double in value. These picks offer an opportunity to capitalize on stocks flying under Wall Street radar for significant gains.
Read more at Nasdaq: All You Need to Know About Meta Platforms (META) Rating Upgrade to Buy