Wedbush Meta

Wedbush Raises Meta Price Target to $770

Analyst: Scott Devitt 1 min read Reproduced verbatim
Rating
Outperform
Target
$770
from $700 (+10%)
Outcome
Reached
on July 31, 2025
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What the analyst said

Wedbush analyst Scott Devitt raised the price target on Meta Platforms Inc.

(NASDAQ: META) to $770 (from $700) while maintaining an Outperform rating.

“Shares are trading for ~26x our revised 2026E GAAP EPS estimate, and we think the risk/reward is attractive given healthy fundamentals and optionality related to future AI monetization.

Our estimates for 1Q and 2025 move modestly lower after results, reflecting FX headwinds and a faster pace of expense growth.

Still, we are encouraged by the strength of the underlying business on an FX-neutral basis and the continued progress being made on long-term strategic initiatives.

Over time, Meta has the opportunity to monetize its AI assistant, Meta AI (which now has 700mm MAUs), expand AI agents for businesses, drive deeper automation of advertiser tools & creative, and further integrate genAI capabilities in Meta hardware products.

We think Meta is a dynamic AI play with a large and growing user base of over 3.3B DAUs, leading foundation models, and an emerging AI product roadmap across Family of Apps and Reality Labs.”

Disclaimer
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This research note is reproduced verbatim from the issuing firm. Price Target never edits, paraphrases or alters analysts’ words — we only republish them in one place.

Where the price stands

META trades at $610. The 33 analysts who set a target in the last 3 months range from $650 to $1,000, with a median of $860. This $770 target is 10% below the median.

Since the note META has moved −10% (from $676). The 12-month window closed on January 30, 2026.

Track record

This call✓ Target reached on July 31, 2025, 6 months after the note.

Firm track recordWedbush: 65% of its 23 targets at least a year old were reached within 12 months (#20 of 26 firms); on Meta, 4 of 5. Accuracy ranking →

Wedbush on Meta

Wedbush price targets on Meta

3 calls from July 31, 2025 to July 30, 2026. The target went from $920 to $595 (−35%). The rating moved from Buy to Hold.

Wedbush targetMETA share price
  1. July 30, 2026Target cut from $671 (−11%)Hold$595
  2. July 15, 2026Downgraded to Hold, target cut from $920 (−27%)Hold$671
  3. July 31, 2025Earliest call shownBuy$920
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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.