Meta Platforms draws $4.9 M institutional investment as analysts set bullish $837 price target

Tulsa Wealth Advisors Inc. purchased 7,448 shares of Meta Platforms, valued at about $4.9 million, representing 1.6% of its portfolio. Other institutional investors also increased holdings, including Keybank National Association, Becker Capital Management, Diversified Trust Co., Cramer Rosenthal Mcglynn LLC, and Consolidated Investment Group. Analysts have issued a range of price targets, from Tigress Financial’s $945 to Morgan Stanley’s $775, with an average target of $840.60 and a “moderate‑buy” consensus. Meta’s stock opened at $577.22 and the company maintains a market capitalization of $1.46 trillion.

Separate market analysis projects a potential upside of 47.6%, setting a target price of $837.78 versus the current $567.58. The company reported first‑quarter earnings of $10.44 per share, beating expectations, and revenue of $56.31 billion, up 33% year‑over‑year. Capital expenditures for fiscal 2026 were raised to $125‑$145 billion. CEO Mark Zuckerberg described the quarter as a “landmark” period, highlighting the launch of a new AI model. Risks noted include a $4.03 billion loss at Reality Labs and pressure on cash flow from higher capex.