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The Market Shaved 10% Off Meta Over a Month: One Analyst Targets 87% Returns Over The Next Year
['Alex Sirois', 'Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Of the 62 analysts covering Meta, 55 rate it Buy, 7 rate it Hold, and none rate it Sell.
Meta fell 10.47% over the past month after a Q2 print that snapped a six-quarter EPS beat streak.
Snap holds the largest consensus upside at 32%, but on shakier conviction.
How Far Behind the S&P 500 Meta Has FallenMeta shares trade at $599.12 with a $756.95 consensus target and 26.3% implied upside.
Polymarket traders assign just 42% probability that Meta closes this week above $600, so short-term crowd sentiment is far more cautious than the consensus target.