Morgan Stanley, through its analyst Brian Nowak, has revised the price target for Meta Platforms (META, Financial), marking it down from $660 to $615. Despite this adjustment, the firm maintains an Overweight rating on the stock, reflecting its continued positive outlook.
This revision comes as Morgan Stanley reassesses its expectations for the broader North American internet sector. The decision was influenced by the observed macroeconomic factors and tariff challenges impacting both e-commerce and digital advertising sectors.
The adjustments suggest a more cautious stance as the firm navigates the evolving market conditions, yet it underscores confidence in Meta Platforms, maintaining a favorable rating despite the lowered price target.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 62 analysts, the average target price for Meta Platforms Inc (META, Financial) is $723.41 with a high estimate of $935.00 and a low estimate of $260.00. The average target implies an upside of 44.02% from the current price of $502.31. More detailed estimate data can be found on the Meta Platforms Inc (META) Forecast page.
Based on the consensus recommendation from 72 brokerage firms, Meta Platforms Inc's (META, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Meta Platforms Inc (META, Financial) in one year is $491.42, suggesting a downside of 2.17% from the current price of $502.31. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Meta Platforms Inc (META) Summary page.
