In Tuesday’s Wall Street session, Meta Platforms Inc (NASDAQ:META) shares traded at $637.10, down -0.52% from the previous session.
META stock price is now 10.41% away from the 50-day moving average and 8.22% away from the 200-day moving average. The market capitalization of the company currently stands at $1601.76B.
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With the price target enhanced from $680 to $750, Wedbush maintained Outperform rating for Meta Platforms Inc (NASDAQ: META). On May 01, 2025, UBS reiterated its ‘Buy’ rating on the stock by increasing its target price from $650 to quote $683, while ‘Truist’ rates the stock as ‘Buy’
In other news, Newstead Jennifer, Officer bought 519 shares of the company’s stock on May 20 ’25. The stock was bought for $329,825 at an average price of $635.50. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, Chief Legal Officer Newstead Jennifer sold 519 shares of the business’s stock. A total of $330,460 was realized by selling the stock at an average price of $636.72. This leaves the insider owning 31,259 shares of the company worth $19.92 million. A total of 13.78% of the company’s stock is owned by insiders.
During the past 12 months, Meta Platforms Inc has had a low of $442.65 and a high of $740.91. As of last week, the company has a debt-to-equity ratio of 0.27, a current ratio of 2.66, and a quick ratio of 2.66.
The net profit margin was 39.11% and return on equity was 39.83% for META. For the current quarter, analysts expect META to generate $44.5B in revenue.
