Rosenblatt Securities Cuts Meta Platforms (NASDAQ:META) Price Target to $1,015.00

Meta Platforms (NASDAQ:META) had its target price reduced by Rosenblatt Securities from $1,144.00 to $1,015.00 in a report published on Thursday morning, MarketBeat.com reports. They currently have a buy rating on the social networking company’s stock.

Several other equities research analysts have also issued reports on META. Truist Financial lifted their price target on shares of Meta Platforms from $875.00 to $900.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Arete Research restated a “neutral” rating on shares of Meta Platforms in a research note on Thursday, March 5th. UBS Group restated a “buy” rating and set a $872.00 price objective (up from $830.00) on shares of Meta Platforms in a research note on Thursday, January 29th. Jefferies Financial Group boosted their price objective on shares of Meta Platforms from $910.00 to $1,000.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Finally, Guggenheim boosted their price objective on shares of Meta Platforms from $800.00 to $850.00 and gave the stock a “buy” rating in a research note on Thursday, January 29th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $838.04.

Meta Platforms Stock Up 0.2%

Shares of META stock opened at $629.83 on Thursday. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.27. Meta Platforms has a 1 year low of $479.80 and a 1 year high of $796.25. The firm’s fifty day moving average price is $628.78 and its two-hundred day moving average price is $654.03. The firm has a market capitalization of $1.59 trillion, a P/E ratio of 26.80, a PEG ratio of 0.97 and a beta of 1.31.

Meta Platforms (NASDAQ:META) last issued its quarterly earnings results on Wednesday, January 28th. The social networking company reported $8.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $8.16 by $0.72. Meta Platforms had a net margin of 30.08% and a return on equity of 38.61%. The firm had revenue of $59.89 billion for the quarter, compared to analyst estimates of $58.33 billion. During the same period in the previous year, the business earned $8.02 EPS. The company’s revenue was up 23.8% compared to the same quarter last year. On average, equities analysts predict that Meta Platforms will post 26.7 EPS for the current fiscal year.

Meta Platforms Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Monday, March 16th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $2.10 annualized dividend and a dividend yield of 0.3%. Meta Platforms’s payout ratio is presently 8.94%.

Insider Buying and Selling

In related news, CFO Susan J. Li sold 56,571 shares of Meta Platforms stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $644.70, for a total transaction of $36,471,323.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert M. Kimmitt sold 580 shares of Meta Platforms stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $632.02, for a total transaction of $366,571.60. Following the sale, the director directly owned 4,427 shares of the company’s stock, valued at $2,797,952.54. The trade was a 11.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 160,931 shares of company stock valued at $102,997,526. Company insiders own 13.61% of the company’s stock.

Institutional Trading of Meta Platforms

Hedge funds and other institutional investors have recently modified their holdings of the stock. Trust Co of the South boosted its holdings in Meta Platforms by 0.8% in the 3rd quarter. Trust Co of the South now owns 1,850 shares of the social networking company’s stock valued at $1,359,000 after purchasing an additional 14 shares during the period. Sentinel Pension Advisors LLC boosted its holdings in Meta Platforms by 1.6% in the 3rd quarter. Sentinel Pension Advisors LLC now owns 915 shares of the social networking company’s stock valued at $672,000 after purchasing an additional 14 shares during the period. Alpine Bank Wealth Management boosted its holdings in Meta Platforms by 0.3% in the 3rd quarter. Alpine Bank Wealth Management now owns 4,301 shares of the social networking company’s stock valued at $3,159,000 after purchasing an additional 14 shares during the period. Valued Wealth Advisors LLC boosted its holdings in Meta Platforms by 3.2% in the 3rd quarter. Valued Wealth Advisors LLC now owns 454 shares of the social networking company’s stock valued at $334,000 after purchasing an additional 14 shares during the period. Finally, First National Bank Sioux Falls boosted its holdings in Meta Platforms by 0.7% in the 4th quarter. First National Bank Sioux Falls now owns 2,001 shares of the social networking company’s stock valued at $1,321,000 after purchasing an additional 14 shares during the period. Institutional investors own 79.91% of the company’s stock.

Meta Platforms News Roundup

Here are the key news stories impacting Meta Platforms this week:

• Positive Sentiment: Muse Spark launch strengthens Meta’s AI narrative — investors see the new LLM as evidence Meta can compete with other big‑model providers and begin monetizing AI via commerce, APIs and ad tools; early analyst support and bullish writeups helped lift shares. Meta’s AI Outlook Brightens With Muse Spark Release
• Positive Sentiment: Expanded $21B CoreWeave deal gives Meta committed AI compute capacity through 2032 — reduces operational risk of running large models, signals scale and continuity for AI roadmaps (though it implies heavy future spending). CoreWeave signs $21 billion AI cloud deal with Meta
• Positive Sentiment: Analyst support is improving — CFRA upgraded Meta to Strong Buy and some firms remain constructive on share recovery tied to AI gains, helping sentiment. CFRA Just Upgraded Meta to Strong Buy. The AI Turnaround Story Is Getting Hard to Argue With
• Neutral Sentiment: Street price targets and ratings are mixed — some firms trimmed targets while keeping outperform/buy ratings, reflecting confidence in long‑term AI upside but concern over valuation and spend. (See recent Wolfe/KeyCorp/Rosenblatt notes.)
• Negative Sentiment: Massachusetts Supreme Judicial Court ruled Meta must face a state lawsuit alleging features were designed to addict teens — the decision increases legal and regulatory risk and could widen damages exposure if similar suits progress. Meta must face youth addiction lawsuit by Massachusetts, court rules
• Negative Sentiment: Meta pulled ads recruiting potential plaintiffs for social‑media addiction suits — a defensive PR/legal move that underscores ongoing litigation pressure and recent adverse jury outcomes. Meta pulls ads aimed at recruiting plaintiffs for social media addiction lawsuits

About Meta Platforms

Meta Platforms, Inc (NASDAQ: META), formerly Facebook, Inc, is a global technology company best known for building social networking services and immersive computing platforms. Founded in 2004 and headquartered in Menlo Park, California, the company operates a family of consumer-facing products and services that connect users, creators and businesses. In October 2021 the company rebranded as Meta to reflect an expanded strategic focus on augmented and virtual reality technologies alongside its social media businesses.

Meta’s core consumer products include Facebook, Instagram, WhatsApp and Messenger, which enable social networking, messaging, content sharing and community building across mobile and desktop devices.