Canaccord Genuity Maintains Buy on Meta, $900 Price Target

Analyst: Maria Ripps 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$900
Outcome
Missed
within 12 months
Canaccord Genuity and Meta logos

What the analyst said

Canaccord Genuity analyst Maria Ripps reiterated a Buy rating and $900 price target on Meta Platforms Inc.

(NASDAQ: META).

“At Meta’s annual developer conference last week – Meta Connect – the company made several announcements that reinforce its broad AI strategy.

More specifically, Meta debuted three new models of smart glasses, including its first-ever version with display functionality, announced SDK integrations to support developers, and revealed a new TV Hub within Horizon featuring access to major streaming apps.

Among these, the smart glasses drew particular attention – while tech companies have been trying to crack the “smart glasses” code for over a decade, consumer adoption remains limited.

Still, improvements in design, AI functionality, and battery life are making devices more wearable and useful, and Meta is laying the groundwork for a growing AI-powered ecosystem of hardware and applications that support the company’s vision of personal superintelligence.

Whether consumers embrace smart glasses at scale remains to be seen, but Meta’s steady investment focus suggests it sees wearables as a core stepping stone toward its long-term AI ambitions.”

Disclaimer
The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.

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 $621. The 33 analysts who set a target in the last 3 months range from $650 to $1,000, with a median of $860. This $900 target is 5% above the median.

Since the note META has moved −20% (from $778). The 12-month window closed on September 22, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note META closed at $557, 38% below the $900 target, and it moved the other way. Same target as this firm’s July 31, 2025 note, so it is scored there.

Firm track recordCanaccord Genuity: 56% of its 9 targets at least a year old were reached within 12 months; on Meta, 0 of 3. Accuracy ranking →

Canaccord Genuity on Meta

Canaccord Genuity price targets on Meta

8 calls from July 31, 2025 to October 26, 2026. The target went from $900 to $950 (+6%). The rating stayed Buy.

Canaccord Genuity targetMETA share price
  1. October 26, 2026Kept the $950 targetBuy$950
  2. October 22, 2026Kept the $950 targetBuy$950
  3. September 25, 2026Target raised from $930 (+2%)Buy$950
  4. July 30, 2026Kept the $930 targetBuy$930
  5. June 4, 2026Kept the $930 targetBuy$930
  6. January 29, 2026Target raised from $900 (+3%)Buy$930
  7. September 22, 2025 This noteKept the $900 targetBuy$900
  8. July 31, 2025Earliest call shownBuy$900
Share
Share on
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.