Wall Street analysts are expressing strong confidence in Meta Platforms, anticipating significant growth in both earnings and sales over the next few years. As enthusiastically stated in the publication, this optimistic outlook is backed by recent upward revisions in earnings estimates from multiple analysts.
Analyst Adjustments and Earnings Forecasts
In the past 60 days, 18 analysts have adjusted their earnings forecasts for Meta, leading to an increase in the Zacks Consensus Estimate from $27.20 to $28.13 per share for 2025. This revision reflects a bullish sentiment surrounding the company's financial performance as it continues to innovate and expand its market presence.
Price Targets for Meta's Stock
Price targets for Meta's stock show a wide range of expectations.
- Wolfe Research has set a more conservative target of $730
- Citigroup is projecting a target of $915
- Guggenheim is projecting a target of $875
The average forecast suggests that Meta could potentially reach a new all-time high of around $800, indicating strong investor confidence in the company's future growth prospects.
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