What the analyst said
Baird analyst Colin Sebastian reiterated an Outperform rating and $820 price target on Meta Platforms Inc.
(NASDAQ: META)
“As Zuck foreshadowed during Q3 (and we wrote about fairly extensively), Meta’s margins are likely coming down in 2026 on the back of meaningful capital and operating expenses as the ‘compute-starved’ company aims for AGI and supports further AI capabilities in core apps for users, content creators and advertisers.
While the expense outlook may test investor resolve, we would be buyers on any meaningful pullbacks given the enticing combination of Meta’s growth profile, increasing dominance in social media, and option value from AI and wearables.”
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Where the price stands
META trades at $611. The 33 analysts who set a target in the last 3 months range from $650 to $1,000, with a median of $860. This $820 target is 5% below the median.
Since the note META has moved −19% (from $752). The 12-month window closed on October 30, 2026.
Track record
Firm track recordBaird: 95% of its 21 targets at least a year old were reached within 12 months (#1 of 21 firms). Accuracy ranking →
Baird on Meta
Baird price targets on Meta
7 calls from July 31, 2025 to October 22, 2026. The target went from $820 to $815 (−1%). The rating stayed Buy.
- October 22, 2026Target raised from $750 (+9%)Buy$815
- July 30, 2026Target cut from $830 (−10%)Buy$750
- July 16, 2026Kept the $830 targetBuy$830
- January 29, 2026Target raised from $815 (+2%)Buy$830
- December 23, 2025Target cut from $820 (−1%)Buy$815
- October 30, 2025 This noteKept the $820 targetBuy$820
- July 31, 2025Earliest call shownBuy$820
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