StoneX Meta

Benchmark Reiterates Hold Rating on Meta as Future Looks ‘Uncertain at Best’

Analyst: Mark Zgutowicz 1 min read Reproduced verbatim Published as The Benchmark Company, now part of StoneX
Rating
Hold
Unchanged
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What the analyst said

Benchmark analyst Mark Zgutowicz reiterated a Hold rating on Meta (NASDAQ: META).

“We maintain our Hold rating on the shares as ROIC, for the foreseeable future, looks uncertain at best.

META’s continued escalating capex trajectory looks as much defensive as it does offense as it faces formidable tech stacks, comparable deep-pockets, and unknown future model economics.

Despite strong 1Q revenue guidance, albeit aided by a +4% FX tailwind, our ‘26E op income is unchanged given the steep opex step-up (+41% y/y at mid) as AI competitive comp continues to outweigh headcount efficiencies.

Along with our estimate revisions (table, pg.

2), we discuss below why MetaAI’s reasoning deficiencies should not be discounted and why ‘27E will be a pivotal “proof” year for META’s owned/operated capacity.”

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Track record

Firm track recordStoneX: 70% of its 23 targets at least a year old were reached within 12 months (#19 of 26 firms); on Meta, 1 of 4. Accuracy ranking →

Earnings reactionOne of 22 notes after Meta’s Jan 28 results: 18 raised · 0 cut · 2 kept. See every call →

StoneX on Meta

StoneX price targets on Meta

8 calls from July 31, 2025 to September 22, 2026. The rating moved from Buy to Hold.

StoneX targetMETA share price
  1. September 22, 2026Rating only, no price targetHoldNo target
  2. August 27, 2026Rating only, no price targetHoldNo target
  3. July 27, 2026Rating only, no price targetHoldNo target
  4. July 10, 2026Rating only, no price targetHoldNo target
  5. April 28, 2026Rating only, no price targetHoldNo target
  6. January 29, 2026 This noteRating only, no price targetHoldNo target
  7. October 30, 2025Downgraded to HoldHoldNo target
  8. July 31, 2025Earliest call shownBuy$890
Share

Other analysts on Meta

Wells FargoBuy Kept rating and price target Oct 27 $995maintained Citizens JMPBuy Kept rating and price target Oct 27 $885maintained MizuhoBuy Kept rating and price target Oct 26 $950maintained Canaccord GenuityBuy Kept rating and price target Oct 26 $950maintained William BlairBuy Kept rating Oct 26
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Price Target is an archive of Wall Street analyst research, published for informational purposes only. Nothing on this site is investment advice, a recommendation, or an offer to buy or sell any security. Analyst ratings and price targets are the opinions of the issuing firms, not of Price Target. Always do your own research or consult a licensed financial adviser.