Oppenheimer Meta

Oppenheimer Raises Meta Price Target to $775

Analyst: Jason Helfstein 1 min read Reproduced verbatim
Rating
Outperform
Target
$775
from $665 (+17%)
Outcome
Reached
on August 4, 2025
Oppenheimer and Meta logos

What the analyst said

Oppenheimer analyst Jason Helfstein raised the price target on Meta Platforms Inc.

(NASDAQ: META) to $775 (from $665) while maintaining an Outperform rating.

“With the macro and advertising environment better than feared vs. six weeks ago, we are increasing our estimates and price target. We are increasing FY25E/FY26Erevenue 4%/1%, reflecting 17%/15% ex.

FX growth, implying 102bp/63bps share gains, based on industry digital growth of 10%/12%.

TikTok 1Q tailwind is potential near-term risk, assuming no ban, while longer-term risk is META falling behind on AI model development (Llama 4 perceived as disappointment and subsequent $14.3B investment/Acqui-hire of Scale AI).

As a result, we are now forecasting ’25/’26 capex of $68B/$85B and EPS $25.41/$28.23, up 6%/11% y/y.

Our $775 target (was $665) is based on 27.5x 2026E EPS, a 3% discount to peers, despite EPS growing 39% slower ’24-’27E as investors believe META unlock new business with AI.”

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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 $775 target is 10% below the median.

Since the note META has moved −11% (from $683). The 12-month window closed on June 16, 2026.

Track record

This call✓ Target reached on August 4, 2025, 2 months after the note.

Firm track recordOppenheimer: 64% of its 14 targets at least a year old were reached within 12 months; on Meta, 2 of 5. Accuracy ranking →

Oppenheimer on Meta

Oppenheimer price targets on Meta

5 calls from July 31, 2025 to September 25, 2026. The target went from $870 to $825 (−5%). The rating moved from Buy to Hold.

Oppenheimer targetMETA share price
  1. September 25, 2026Rating only, no price targetHoldNo target
  2. April 24, 2026Rating only, no price targetHoldNo target
  3. October 30, 2025Downgraded to HoldHoldNo target
  4. October 20, 2025Target cut from $870 (−5%)Buy$825
  5. July 31, 2025Earliest call shownBuy$870
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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.