Meta Platforms’ (META) Overweight Rating Reiterated at KeyCorp

Meta Platforms (NASDAQ:META)‘s stock had its “overweight” rating reiterated by equities researchers at KeyCorp in a report issued on Tuesday, Benzinga reports. They presently have a $900.00 price target on the social networking company’s stock. KeyCorp’s price objective would indicate a potential upside of 18.24% from the stock’s current price.

Other research analysts also recently issued reports about the company. Evercore upped their price target on Meta Platforms from $820.00 to $860.00 in a report on Tuesday, August 25th. Canaccord Genuity Group increased their price objective on shares of Meta Platforms from $930.00 to $950.00 and gave the company a “buy” rating in a research report on Friday, September 25th. Rothschild & Co Redburn raised their target price on shares of Meta Platforms from $900.00 to $1,000.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Susquehanna dropped their price target on Meta Platforms from $900.00 to $650.00 and set a “positive” rating on the stock in a research note on Thursday, July 30th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Meta Platforms from $820.00 to $920.00 and gave the stock an “overweight” rating in a research note on Thursday, September 24th. Three investment analysts have rated the stock with a Strong Buy rating, forty-five have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $796.51.

Meta Platforms Price Performance

NASDAQ:META traded up $18.22 during mid-day trading on Tuesday, reaching $761.18. The stock had a trading volume of 12,809,613 shares, compared to its average volume of 17,463,471. The stock has a market capitalization of $1.94 trillion, a P/E ratio of 28.71, a P/E/G ratio of 1.25 and a beta of 1.19. Meta Platforms has a one year low of $520.26 and a one year high of $779.82. The firm has a 50 day moving average price of $644.04 and a two-hundred day moving average price of $621.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.23 and a current ratio of 2.23.

Meta Platforms (NASDAQ:META) last posted its quarterly earnings results on Wednesday, July 29th. The social networking company reported $6.18 earnings per share for the quarter, missing the consensus estimate of $7.19 by ($1.01). Meta Platforms had a return on equity of 33.18% and a net margin of 29.83%. The business had revenue of $60.80 billion during the quarter, compared to the consensus estimate of $60.22 billion. During the same period in the prior year, the firm earned $7.14 earnings per share. The business’s revenue for the quarter was up 28.0% on a year-over-year basis. As a group, analysts expect that Meta Platforms will post 27.94 earnings per share for the current year.

Insider Buying and Selling at Meta Platforms

In other Meta Platforms news, CEO Mark Zuckerberg sold 27,474 shares of Meta Platforms stock in a transaction dated Thursday, September 24th. The stock was sold at an average price of $777.44, for a total transaction of $21,359,386.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Aaron Anderson sold 3,240 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of $618.06, for a total value of $2,002,514.40. Following the completion of the transaction, the chief accounting officer owned 6,271 shares of the company’s stock, valued at approximately $3,875,854.26. The trade was a 34.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 148,222 shares of company stock worth $101,033,627 in the last three months. 13.53% of the stock is owned by company insiders.

Institutional Investors Weigh In On Meta Platforms

Several hedge funds have recently added to or reduced their stakes in META. Fermata Advisors LLC boosted its stake in shares of Meta Platforms by 9.2% in the third quarter. Fermata Advisors LLC now owns 2,325 shares of the social networking company’s stock worth $1,686,000 after acquiring an additional 195 shares during the last quarter. NorthCrest Asset Manangement LLC grew its position in shares of Meta Platforms by 24.9% in the third quarter. NorthCrest Asset Manangement LLC now owns 63,764 shares of the social networking company’s stock valued at $45,967,000 after purchasing an additional 12,730 shares in the last quarter. DWR Wealth Management LLC boosted its stake in Meta Platforms by 13.1% during the third quarter. DWR Wealth Management LLC now owns 597 shares of the social networking company’s stock worth $441,000 after buying an additional 69 shares during the last quarter. Haven Capital Group Inc. increased its stake in shares of Meta Platforms by 3.5% in the 3rd quarter. Haven Capital Group Inc. now owns 3,523 shares of the social networking company’s stock worth $2,555,000 after acquiring an additional 118 shares during the last quarter. Finally, Integrated Financial Solutions Inc. grew its holdings in shares of Meta Platforms by 1.8% in the third quarter. Integrated Financial Solutions Inc. now owns 4,732 shares of the social networking company’s stock valued at $3,432,000 after purchasing an additional 82 shares during the period. 79.91% of the stock is owned by hedge funds and other institutional investors.

Key Meta Platforms News

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

• Positive Sentiment: Meta introduced Muse Wonder and Muse Wonder Full, describing them as its most advanced models and competitive with leading systems from OpenAI and Anthropic. The models are intended to improve Meta’s AI assistant and support complex, multi-step tasks. Reuters article
• Positive Sentiment: Independent app-intelligence data reportedly showed Muse achieving early user-retention rates comparable to ChatGPT, helping drive investor confidence that Meta’s AI investments can translate into sustained usage and potential revenue. Yahoo Finance article
• Positive Sentiment: Wall Street remained constructive: KeyCorp reaffirmed an overweight rating with a $900 target, while Rosenblatt maintained a buy rating with an $886 target. Truist also said the shares may have further upside following the Muse-related advance. Barron’s article
• Positive Sentiment: Meta’s partnership with Virtuix is expanding, with new Meta Quest and Omni One bundles and more than 75 compatible games. Virtuix said Omni One orders have tripled year over year, supporting demand for Meta’s Quest ecosystem. Quiver Quantitative article
• Neutral Sentiment: Meta will report third-quarter 2026 results after the market close on October 21, giving investors a near-term catalyst for judging AI spending, advertising growth and profitability. Meta earnings announcement
• Negative Sentiment: The AI strategy carries substantial execution and financial risk. Meta reportedly considered spending as much as $200 billion before knowing whether its models would succeed, while data-center construction and other AI investments could pressure margins. Muse downloads have also slowed, and premium access requires $20- or $100-per-month subscriptions. Business Insider article
• Negative Sentiment: Cantor Fitzgerald trimmed its price target to $840 from $860, signaling that valuation and the scale of required AI investment remain concerns despite retaining an overweight rating. Benzinga article

About Meta Platforms

Meta Platforms, Inc is a technology company that develops social networking, messaging, virtual and augmented reality, and artificial intelligence products. The company operates a global family of apps that includes Facebook, Instagram, Messenger, WhatsApp and Threads, enabling users to connect, communicate, share content and discover communities.

Meta generates most of its business through digital advertising displayed across its platforms. Its products serve individuals, creators, businesses and organizations in markets around the world, while its advertising tools help businesses reach audiences based on factors such as interests, activity and demographics.

Through its Reality Labs division, Meta develops virtual and augmented reality hardware, software and services, including the Meta Quest line of headsets and related experiences.