What the analyst said
KeyBanc analyst Justin Patterson raised the price target on Meta (NASDAQ: META) to $855.00 (from $835.00) while maintaining an Overweight rating.
“We view Meta’s 4Q results as a blue-sky scenario, where higher opex and capex were more than offset by a revenue growth outlook and multiple stats showing where AI is delivering value.
Beneath the headline numbers, agentic coding is driving meaningful increases in engineering productivity.
Coupled with infrastructure growth, we see >$90B of revenue added between 2025-2027E and ROI concerns subsiding. As such, we maintain our OW rating and raise our PT to $855 (25x 2027E P/E).”
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Where the price stands
META trades at $607. The 33 analysts who set a target in the last 3 months range from $650 to $1,000, with a median of $860. This $855 target is 1% below the median.
Since the note META has moved −9% (from $669). 12-month window: day 278 of 365, closes on January 29, 2027.
Track record
This callOpen: META has not reached $855 yet. This 12-month target is scored on January 29, 2027.
Firm track recordKeyBanc: 79% of its 24 targets at least a year old were reached within 12 months (#12 of 26 firms); on Meta, 5 of 8. Accuracy ranking →
KeyBanc on Meta
KeyBanc price targets on Meta
8 calls from October 30, 2025 to September 23, 2026. The target went from $875 to $900 (+3%). The rating stayed Buy.
- September 23, 2026Target raised from $780 (+15%)Buy$900
- September 9, 2026Kept the $780 targetBuy$780
- August 27, 2026Kept the $780 targetBuy$780
- July 30, 2026Target raised from $760 (+3%)Buy$780
- April 9, 2026Target cut from $855 (−11%)Buy$760
- January 29, 2026 This noteTarget raised from $835 (+2%)Buy$855
- January 26, 2026Target cut from $875 (−5%)Buy$835
- October 30, 2025Earliest call shownBuy$875
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