Piper Sandler Meta

Piper Sandler Lowers Meta Price Target to $800

Analyst: Thomas Champion 1 min read Reproduced verbatim
Rating
Overweight
Target
$800
from $880 (−9%)
Upside
+31%
META at $610 today
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What the analyst said

Piper Sandler analyst Thomas Champion lowered the price target on Meta (NASDAQ: META) to $800.00 (from $880.00) while maintaining an Overweight rating.

“Mixed Quarter With Solid Results Offset by Investment Uptick; META reported a strong 1Q26, with revenue and operating income well above PSC estimates driven by impressive engagement gains and broad-based opex discipline.

Shares are down ~7% AH, as the 2Q guide was a touch light vs. the most aggressive buyside expectations and the higher capex guidance will weigh on FCF.

We continue to like the long-term story and would be buying on weakness. PT goes to $800 (from $880) on higher capex assumptions. Reiterate OW.”

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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 $610. The 33 analysts who set a target in the last 3 months range from $650 to $1,000, with a median of $860. This $800 target is 7% below the median.

Since the note META has moved −9% (from $669). 12-month window: day 190 of 365, closes on April 30, 2027.

Track record

This callOpen: META has not reached $800 yet. This 12-month target is scored on April 30, 2027.

Firm track recordPiper Sandler: 79% of its 38 targets at least a year old were reached within 12 months (#15 of 26 firms); on Meta, 3 of 7. Accuracy ranking →

Earnings reactionOne of 16 notes after Meta’s Apr 29 results: 4 raised · 10 cut · 2 kept. See every call →

Piper Sandler on Meta

Piper Sandler price targets on Meta

8 calls from July 31, 2025 to September 25, 2026. The target went from $880 to $875 (−1%). The rating stayed Buy.

Piper Sandler targetMETA share price
  1. September 25, 2026Target raised from $785 (+11%)Buy$875
  2. July 30, 2026Target cut from $800 (−2%)Buy$785
  3. July 10, 2026Kept the $800 targetBuy$800
  4. April 30, 2026 This noteTarget cut from $880 (−9%)Buy$800
  5. January 29, 2026Target raised from $840 (+5%)Buy$880
  6. October 30, 2025Target cut from $880 (−5%)Buy$840
  7. October 13, 2025Kept the $880 targetBuy$880
  8. July 31, 2025Earliest call shownBuy$880
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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
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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.