Benchmark has upgraded Meta Platforms from Hold to Buy, with projected revenue decrease, neutral.

From Nasdaq: 2025-01-30 19:03:12

Benchmark has upgraded Meta Platforms’ outlook from Hold to Buy. The average one-year price target for Meta Platforms is $677.65/share, with a range from $262.60 to $851.55. Analysts forecast a 1.36% downside from the latest closing price of $686.99/share. The projected annual revenue is $142,851MM, with a 13.16% decrease.

There are 6,195 funds reporting positions in Meta Platforms, up 2.86% in the last quarter. The average portfolio weight is -20.22%, a 1,256.23% increase. Institutions own 1,949,698K shares, up 0.39% in the last three months. The put/call ratio of META is 0.69, indicating a bullish outlook.

Top shareholders include Vanguard Total Stock Market Index Fund Investor Shares, Vanguard 500 Index Fund Investor Shares, Jpmorgan Chase, Geode Capital Management, and Price T Rowe Associates. They have increased their portfolio allocations in Meta Platforms by various percentages over the last quarter.

Meta Platforms, formerly Facebook, aims to connect people worldwide through its various products like Facebook, Instagram, Messenger, WhatsApp, and Oculus Quest. The company generates revenue mainly from advertising placements on its platforms. Founded in 2004 by Mark Zuckerberg, the company is headquartered in Menlo Park, CA.



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