Meta Platforms (META) is one of the top-performing Magnificent Seven stocks of the year to this point, with shares up over 30% YTD. The company has made significant strides in AI and cybersecurity, partnering with CrowdStrike for a new initiative. The CrowdStrike partnership aims to enhance its cybersecurity measures through the new CyberSOCEval initiative, reflecting its commitment to AI advancements. Further, its threads platform has picked back up steam in terms of monthly users, fueling its revenue in the past quarter.
Meta is forecasted to achieve a 54.9% cash flow growth this year, underscoring its strong financial performance amid ongoing challenges. Per Zacks analysts, 18 analysts revised their earnings estimate upwards in the last 60 days. In addition, the Zacks Consensus Estimate has increased $2.72 to $28.13 per share for 2025. META also boasts an average earnings surprise of 20.5%, one of the better averages among the Mag-7 stock grouping.
Furthermore, there are reports of a new TikTok deal reached by the US Government that could alter competitive dynamics in the social media space. US Treasury Secretary Scott Bessent said that a framework agreement has been reached and that Donald Trump will speak with Chinese leader Xi Jinping on Friday to finalize the deal. Should the deal go through, META shares could climb further in value, as Instagram and its Reels service could get a bump if TikTok users are swayed away from a newly revamped platform.
Also Read: Opendoor (OPEN) Stock Booms 70% in 1 Day: Here’s Why
Stock Forecast for META: $800 Still in Sight?
Currently trading at $764, META is trading near the top of its 52-week range and above its 200-day simple moving average. Wall Street analysts are bullish, projecting a 17.9% increase in earnings and 19.1% growth in sales, showcasing strong long-term growth potential amid ongoing challenges in the social media landscape.
Analysts at CNN rate META a 10/10 stock, with different analysts maintaining “Buy” or “Outperform” ratings. Price targets vary by institution, with some significantly higher than the current price. Wolfe Research has a conservative price target of $730, while Citigroup and Guggenheim are more bullish with targets of $915 and $875, respectively. Wolfe Research excels in price target accuracy with a score of 98.45, indicating strong historical precision in predictions. The average stock forecast by Wall Street analysts on META hovers around $800, which would mark a new all-time high.