Canaccord Genuity Group Boosts Meta Platforms (NASDAQ:META) Price Target to $930.00

Meta Platforms (NASDAQ:META) had its target price raised by equities researchers at Canaccord Genuity Group from $900.00 to $930.00 in a report released on Thursday. The firm presently has a “buy” rating on the social networking company’s stock. Canaccord Genuity Group’s price target suggests a potential upside of 28.83% from the stock’s previous close.

Several other equities research analysts also recently commented on the company. Wall Street Zen downgraded Meta Platforms from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of Meta Platforms in a research report on Tuesday, October 14th. Citizens Jmp restated an “outperform” rating and issued a $900.00 price objective (up from $750.00) on shares of Meta Platforms in a report on Monday, November 24th. Rosenblatt Securities upped their price objective on shares of Meta Platforms from $1,117.00 to $1,144.00 and gave the company a “buy” rating in a report on Thursday. Finally, Citigroup reaffirmed an “outperform” rating on shares of Meta Platforms in a report on Thursday. Five analysts have rated the stock with a Strong Buy rating, forty have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $843.29.

Meta Platforms Price Performance

Shares of META stock traded up $53.16 on Thursday, reaching $721.89. The company’s stock had a trading volume of 16,123,650 shares, compared to its average volume of 14,963,502. The stock’s 50 day simple moving average is $646.63 and its 200-day simple moving average is $695.85. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $1.82 trillion, a P/E ratio of 31.84, a PEG ratio of 1.33 and a beta of 1.29. Meta Platforms has a 12-month low of $479.80 and a 12-month high of $796.25.

Meta Platforms (NASDAQ:META) last issued its earnings results on Wednesday, January 28th. The social networking company reported $8.88 EPS for the quarter, topping analysts’ consensus estimates of $8.16 by $0.72. The company had revenue of $59.89 billion for the quarter, compared to analysts’ expectations of $58.33 billion. Meta Platforms had a net margin of 30.89% and a return on equity of 39.35%. The firm’s revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the company earned $8.02 EPS. As a group, equities analysts predict that Meta Platforms will post 26.7 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO Susan J. Li sold 6,875 shares of the company’s stock in a transaction on Saturday, November 15th. The shares were sold at an average price of $609.46, for a total transaction of $4,190,037.50. Following the transaction, the chief financial officer directly owned 88,370 shares of the company’s stock, valued at $53,857,980.20. This represents a 7.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Aaron Anderson sold 726 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $591.60, for a total transaction of $429,501.60. Following the transaction, the chief accounting officer owned 6,035 shares of the company’s stock, valued at $3,570,306. This trade represents a 10.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 40,113 shares of company stock valued at $24,621,042. Insiders own 13.61% of the company’s stock.

Hedge Funds Weigh In On Meta Platforms

Several institutional investors and hedge funds have recently made changes to their positions in META. Westchester Capital Management Inc. acquired a new stake in Meta Platforms during the 3rd quarter valued at $26,000. Bare Financial Services Inc bought a new position in Meta Platforms in the 2nd quarter valued at $30,000. Briaud Financial Planning Inc acquired a new position in shares of Meta Platforms in the 2nd quarter valued at $42,000. Knuff & Co LLC acquired a new stake in shares of Meta Platforms in the 2nd quarter valued at approximately $44,000. Finally, Key Capital Management INC bought a new stake in Meta Platforms during the 4th quarter worth about $48,000. 79.91% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Meta Platforms

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

• Positive Sentiment: Q4 beat and strong guidance — Meta topped revenue and EPS estimates (Q4 revenue ~$59.9B; EPS $8.88) and gave Q1 revenue guidance above consensus, signaling renewed ad momentum and AI-driven monetization that reassures growth expectations. CNBC: Meta beats on top, bottom lines, gives stronger-than-expected forecast
• Positive Sentiment: Wall Street upgrades and higher price targets — Multiple firms raised targets (Mizuho, Stifel, Truist, BofA, Rosenblatt, Monness Crespi & Hardt, etc.), reflecting conviction that ad recovery + AI gains will drive meaningful upside. Benzinga: Analyst price target changes
• Positive Sentiment: After‑hours rally on the print — Shares jumped in extended trading after the results, suggesting investors initially embraced the beat + guidance as validation of Meta’s AI monetization. Finbold: Here’s why Meta stock is soaring
• Neutral Sentiment: Large supplier/data‑center deals — Multi‑year deals (e.g., up to $6B with Corning) validate the AI data‑center buildout but also underscore long-term capital intensity. WSJ: Meta enters deal with Corning
• Neutral Sentiment: Subscription tests — Meta is testing paid tiers across Instagram/Facebook/WhatsApp; potential long‑term revenue diversification but unclear near‑term impact on ad growth. CNET: Meta confirms subscription tests
• Negative Sentiment: Massive 2026 CapEx guidance — Management forecasted a steep CapEx increase (guidance cited ~$115B–$135B), which raises near‑term capital intensity and investor questions about ROI timing. Reuters: CapEx rise
• Negative Sentiment: Reality Labs drag — The XR/VR unit posted a multi‑billion operating loss (reported ~$6.02B in Q4) and historical VR cash burns remain large, keeping margin pressure and execution risk top of mind. CNBC: Reality Labs loss
• Negative Sentiment: Insider selling (COO) — Small, disclosed sales by COO Javier Olivan may be noticed by some investors, though transactions are modest relative to insider holdings. SEC filing: Olivan sale

Meta Platforms Company Profile

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.