At the time of writing, Meta Platforms Inc [META] stock is trading at $659.88, up 1.91%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The META shares have gain 7.69% over the last week, with a monthly amount glided 10.01%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Meta Platforms Inc [NASDAQ: META] stock has seen the most recent analyst activity on January 23, 2025, when BofA Securities reiterated its Buy rating and also boosted its price target to $710 from $660. Previously, Cantor Fitzgerald reaffirmed its Overweight rating on January 22, 2025, and dropped its price target to $720. On January 06, 2025, Jefferies reiterated its Buy rating and revised its price target to $715 on the stock. Wolfe Research reiterated its Outperform rating and increased its price target to $730 on January 03, 2025. Pivotal Research Group reiterated its recommendation of a Buy and raised its price target to $800 on October 31, 2024. Monness Crespi & Hardt reiterated a Buy rating for this stock on October 31, 2024, and upped its price target to $660. In a note dated October 11, 2024, Scotiabank initiated an Sector Perform rating.
For the past year, the stock price of Meta Platforms Inc fluctuated between $385.66 and $652.00. Currently, Wall Street analysts expect the stock to reach $629.28 within the next 12 months. Meta Platforms Inc [NASDAQ: META] shares were valued at $659.88 at the most recent close of the market. An investor can expect a potential drop of -4.64% based on the average META price forecast.
Analyzing the META fundamentals
According to Meta Platforms Inc [NASDAQ:META], the company’s sales were 156.23B for trailing twelve months, which represents an 18.87% jump. Gross Profit Margin for this corporation currently stands at 0.81% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.36%. To continue investigating profitability, this company’s Return on Assets is posted at 0.22, Equity is 0.36 and Total Capital is 0.28. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 635.36 points at the first support level, and at 610.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 674.13, and for the 2nd resistance point, it is at 688.39.
Ratios To Look Out For
It is important to note that Meta Platforms Inc [NASDAQ:META] has a current ratio of 2.73. In addition, the Quick Ratio stands at 2.73 and the Cash Ratio stands at 1.32. Considering the valuation of this stock, the price to sales ratio is 10.66, the price to book ratio is 10.12 and price to earnings (TTM) ratio is 31.08.
Transactions by insiders
Recent insider trading involved Zuckerberg Mark, COB and CEO, that happened on Jan 24 ’25 when 35921.0 shares were sold. COB and CEO, Zuckerberg Mark completed a deal on Jan 23 ’25 to sell 35921.0 shares. Meanwhile, Officer Zuckerberg Mark bought 35921.0 shares on Jan 27 ’25.
