Roth Capital analyst Rohit Kulkarni has revised the price target for Meta Platforms (META, Financial), reducing it from $730 to $580. Despite this adjustment, the analyst maintains a Buy rating on Meta's shares as the company prepares to release its quarterly earnings.
The decision to lower the price target comes as Roth Capital adjusts its financial outlook for Meta, particularly for the second and third quarters. The firm is accounting for a projected decline in seasonal performance compared to typical trends.
Roth Capital still holds Meta in high regard as a leading choice among large-cap stocks going into the first quarter's earnings report. This favorable view is supported by anticipated developments related to AI products, including the LlamaCon updates, and potential changes in operational and capital expenditure guidance for 2025.
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 $714.46 with a high estimate of $935.00 and a low estimate of $260.00. The average target implies an upside of 47.41% from the current price of $484.66. 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 $489.93, suggesting a upside of 1.09% from the current price of $484.66. 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.
