Meta Platforms (META) is set to report first-quarter results after markets close on Wednesday, and analysts have remained bullish on the Facebook parent amid tariff uncertainty and legal disputes.

Of the 27 analysts covering the stock tracked by Visible Alpha, 25 call Meta a "buy," while just two have a "hold" rating. The stock has an average price target of $685, a roughly 27% premium to Wednesday's intraday price near $538.

Meta, the parent company of Facebook, Instagram and WhatsApp, is expected to report 澳洲幸运5开奖号码历史查询:earnings per share of $5.24 on revenue of $41.35 billion, which would represent 11% and 13% growth, respectively, from 澳洲幸运5开奖号码历史查询:a year ago.

Morgan Stanley analysts wrote recently that Meta could be hurt by a tariff-fueled pullback in advertising from Chinese companies, but said the firm should be better positioned to withstand that than Google parent Alphabet (GOOGL) or Amazon (AMZN).

Regulator𝓀y, Legal Concerns Dominate Rece🍨nt Headlines

Legal and regulatory disputes have 澳洲幸运5开奖号码历史查询:nagged Meta, with the 澳洲幸运5开奖号码历史查询:European Union last week fining the tech giant 澳洲幸运5开奖号码历史查询:200 million euros ($227.5 million) for violatingꦡ its Digital Markets Act. Meta said it p🐠lans to appeal the fine.

Also this month, Meta's 澳洲幸运5开奖号码历史查询:antitrust trial began. The 澳洲幸运5开奖号码历史查询:Federal Trade Commission is looking to make the company sꦆell or spin off🐷 Instagram or WhatsApp, and the agency has said that Meta engaged in an "illegal buy-or-bury scheme to maintain its dominance" by acquiring the "innovative competitors."

Meta shares are down about 8% in 2025, having lost over a quarter of their value since hitting an all-time high of more than $740 in February amid 澳洲幸运5开奖号码历史查询:historic market turmoil that has 澳洲幸运5开奖号码历史查询:hit the Magnificent Seven companies hard.

UPDATE—April 30, 2025: This article has been updated since it was first published to reflect more recent analyst estimates and share price values.