TD Cowen Meta

TD Cowen Lowers Meta Price Target to $810

Analyst: John Blackledge 1 min read Reproduced verbatim
Rating
Buy
Target
$810
from $875 (−7%)
Outcome
Missed
within 12 months
TD Cowen and Meta logos

What the analyst said

TD Cowen analyst John Blackledge lowered the price target on Meta Platforms Inc.

(NASDAQ: META) to $810 (from $875) while maintaining a Buy rating.

“Strong 3Q Results Overshadowed By Ramping AI Infrastructure Spend; META 3Q rev & Op Inc. were +4% & +5% vs cons ests on strong pricing & volume growth.

4Q rev guide was 3% above cons est (high end) amid AI-driven gains to engagement & monetization engines.

Mgmt. raised ’25 capex & opex guides, and now expects accel’ing ’26 opex growth & higher y/y dollar capex growth amid ramping compute.

We raised opex & capex outlook; PT to $810, maintain Buy, shares (6%) AH.”

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 $623. The 33 analysts who set a target in the last 3 months range from $650 to $1,000, with a median of $860. This $810 target is 6% 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, 24% below the $810 target, and it moved the other way.

Firm track recordTD Cowen: 83% of its 35 targets at least a year old were reached within 12 months (#6 of 26 firms); on Meta, 2 of 4. Accuracy ranking →

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

TD Cowen on Meta

TD Cowen price targets on Meta

8 calls from October 30, 2025 to October 22, 2026. The target went from $810 to $850 (+5%). The rating stayed Buy.

TD Cowen targetMETA share price
  1. October 22, 2026Target cut from $865 (−2%)Buy$850
  2. October 8, 2026Kept the $865 targetBuy$865
  3. September 25, 2026Target raised from $750 (+15%)Buy$865
  4. July 30, 2026Target cut from $800 (−6%)Buy$750
  5. April 30, 2026Target cut from $820 (−2%)Buy$800
  6. January 29, 2026Kept the $820 targetBuy$820
  7. January 13, 2026Target raised from $810 (+1%)Buy$820
  8. October 30, 2025 This noteEarliest call shownBuy$810
Share

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
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.