Evercore ISI Raises Meta Price Target to $900

Evercore ISI analyst Mark Mahaney raised the price target on Meta (NASDAQ: META) to $900.00 (from $875.00) while maintaining an Outperform rating.

“We reiterate our Outperform rating on META and raise our PT from $875 to $900 (25% upside), based on 25X our ’27 EPS of $36, in the wake of Beat & Raise Q4 EPS results.

META issued aggressive FY26 Capex and Totex guidance, with Capex growing approx. $55B and Totex growing approx. 40%.

But what carried the after-market was the company’s stronger than expected Q4 Revenue results, much stronger than expected Q1 Revenue outlook (a 7-pt acceleration to 30% Y/Y ex-FX), and an implied $50B step-up in 2026 revenue – all of which suggests that META is at an AI-driven revenue inflection point.

META management has asserted that it seeks to be an “AI Leader” – the Q4 results and ’26 outlook certainly give credence to that assertion.”

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.