J.P. Morgan Remains a Buy on Meta Platforms (META)
J.P. Morgan analyst Doug Anmuth reiterated a Buy rating on Meta Platforms yesterday and set a price target of $920.00. The company’s shares closed yesterday at $742.96.
Anmuth covers the Communication Services sector, focusing on stocks such as Meta Platforms, Netflix, and Reddit Inc Class A. According to TipRanks, Anmuth has an average return of 9.0% and a 55.49% success rate on recommended stocks.
In addition to J.P. Morgan, Meta Platforms also received a Buy from KeyBanc’s Justin Patterson in a report issued today. However, on October 2, Scotiabank maintained a Hold rating on Meta Platforms (NASDAQ: META).
Based on Meta Platforms’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $60.8 billion and a net profit of $15.85 billion. In comparison, last year the company earned a revenue of $47.52 billion and had a net profit of $18.34 billion
Based on the recent corporate insider activity of 160 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2026, SUSAN J LI, the CFO of META bought 4,288.00 shares for a total of $2,529,276.80.
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