Wells Fargo Meta

Wells Fargo Lowers Meta Price Target to $802

Analyst: Ken Gawrelski 1 min read Reproduced verbatim
Rating
Overweight
Target
$802
from $837 (−4%)
Outcome
Missed
within 12 months
Wells Fargo and Meta logos

What the analyst said

Wells Fargo analyst Ken Gawrelski lowered the price target on Meta Platforms Inc.

(NASDAQ: META) to $802 (from $837) while maintaining an Overweight rating.

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 $802 target is 7% below the median.

Since the note META has moved −17% (from $752). The 12-month window closed on October 30, 2026.

Track record

This call✗ Not reached within 12 months: a year after the note META closed at $615, 23% below the $802 target, and it moved the other way.

Firm track recordWells Fargo: 65% of its 34 targets at least a year old were reached within 12 months (#22 of 26 firms); on Meta, 3 of 6. Accuracy ranking →

Earnings reactionOne of 24 notes after Meta’s Oct 29 results: 2 raised · 17 cut · 3 kept. See every call →

Wells Fargo on Meta

Wells Fargo price targets on Meta

8 calls from July 31, 2025 to April 2, 2026. The target went from $811 to $765 (−6%). The rating stayed Buy.

Wells Fargo targetMETA share price
  1. April 2, 2026Target cut from $856 (−11%)Buy$765
  2. February 23, 2026Target raised from $849 (+1%)Buy$856
  3. January 29, 2026Target raised from $754 (+13%)Buy$849
  4. January 23, 2026Target cut from $795 (−5%)Buy$754
  5. January 12, 2026Target cut from $802 (−1%)Buy$795
  6. October 30, 2025 This noteTarget cut from $837 (−4%)Buy$802
  7. October 7, 2025Target raised from $811 (+3%)Buy$837
  8. July 31, 2025Earliest call shownBuy$811
Share

Other analysts on Meta

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 Yorkville IvesBuy Kept rating and price target Oct 26 $920maintained
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.