Fintel reports that on January 30, 2025, Benchmark upgraded their outlook for Meta Platforms (BIT:1FB) from Hold to Buy.
Analyst Price Forecast Suggests 2.42% Downside
As of January 29, 2025, the average one-year price target for Meta Platforms is €644.40/share. The forecasts range from a low of €249.71 to a high of €809.76. The average price target represents a decrease of 2.42% from its latest reported closing price of €660.40 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Meta Platforms is 172,120MM, an increase of 4.63%. The projected annual non-GAAP EPS is 20.74.
What is the Fund Sentiment?
There are 6,209 funds or institutions reporting positions in Meta Platforms. This is an increase of 184 owner(s) or 3.05% in the last quarter. Average portfolio weight of all funds dedicated to 1FB is -20.16%, an increase of 1,250.91%. Total shares owned by institutions increased in the last three months by 0.96% to 1,948,016K shares.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 69,251K shares representing 3.18% ownership of the company. In its prior filing, the firm reported owning 69,230K shares , representing an increase of 0.03%. The firm increased its portfolio allocation in 1FB by 6.67% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 57,219K shares representing 2.62% ownership of the company. In its prior filing, the firm reported owning 56,245K shares , representing an increase of 1.70%. The firm increased its portfolio allocation in 1FB by 6.29% over the last quarter.
Jpmorgan Chase holds 52,256K shares representing 2.40% ownership of the company. In its prior filing, the firm reported owning 52,277K shares , representing a decrease of 0.04%. The firm increased its portfolio allocation in 1FB by 5.17% over the last quarter.
Geode Capital Management holds 48,161K shares representing 2.21% ownership of the company. In its prior filing, the firm reported owning 47,462K shares , representing an increase of 1.45%. The firm increased its portfolio allocation in 1FB by 6.22% over the last quarter.
Price T Rowe Associates holds 41,268K shares representing 1.89% ownership of the company. In its prior filing, the firm reported owning 41,709K shares , representing a decrease of 1.07%. The firm increased its portfolio allocation in 1FB by 8.08% over the last quarter.
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