Mizuho has initiated coverage on Meta Platforms Inc (META) with an Outperform rating, marking the firm's first assessment of the company's investment potential. This action, taken on September 29, 2025, comes as Meta continues to navigate the evolving media landscape.
Headquartered in Menlo Park, California, Meta engages in the development of social media applications, employing 75,945 full-time staff. The company operates through two main segments: Family of Apps (FoA), which includes Facebook, Instagram, Messenger, WhatsApp, and Threads, and Reality Labs (RL), focused on virtual and augmented reality products.
As of now, Meta's shares are priced at $588.78, with a market capitalisation of $1,488.1 billion. The company has a trailing twelve-month (TTM) price-to-earnings (P/E) ratio of 25.43 and an earnings per share (EPS) of 22.60. Additionally, the firm offers a dividend yield of 35.6%.
Upcoming earnings reports are scheduled for July 28, 2026, with an estimated EPS of $7.28 and revenue of $57.3 billion, and April 28, 2026, with an estimated EPS of $6.52 and revenue of $52.1 billion. Recent performance has shown positive surprises, including Q3 2025 EPS of $7.25 against an estimate of $6.82, reflecting a 6.2% surprise.
Analyst ratings are based on extensive research and financial modelling, providing a professional perspective on investment merit. However, these assessments should be considered alongside company fundamentals, competitive positioning, and industry trends, rather than as the sole basis for investment decisions. Analyst opinions can evolve as new information emerges.
The current consensus among analysts is a Buy rating, with 22 Strong Buy, 42 Buy, 10 Hold, 1 Sell, and no Strong Sell ratings, indicating a generally favourable outlook for the company.