What the analyst said
Stifel analyst Mark Kelley lowered the price target on Meta (NASDAQ: META) to $780.00 (from $805.00) while maintaining a Buy rating.
“Solid revenue and GAAP EPS results came in ahead of expectations, even scrubbing out one time benefits for the latter.
DAPs declined sequentially (first time since 2Q19), though would have grown excluding access headwinds in Iran & Russia.
2Q guidance bracketed consensus, and totex for ’26 was unchanged, though FY26 capex guidance was revised higher (+$10bn), again sparking questions around ROI.
Mgmt continues to highlight its grand picture of the future via Superintelligence, though we believe having a publicly announced model out of MSL is a good start for helping investors wrap their heads around where dollars pay off long-term (Muse driving +DD% Meta AI sessions / user).
In the meantime, the debate centers on the positives from an accelerating core business vs. a very real FCF drain (we now model neg. FCF in ’26).
We update our ests, and our TP goes to $780 as a result.”
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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 $780 target is 9% below the median.
Since the note META has moved −9% (from $669). 12-month window: day 186 of 365, closes on April 30, 2027.
Track record
This callOpen: META has not reached $780 yet. This 12-month target is scored on April 30, 2027.
Firm track recordStifel: 83% of its 41 targets at least a year old were reached within 12 months (#5 of 26 firms); on Meta, 2 of 6. Accuracy ranking →
Stifel on Meta
Stifel price targets on Meta
8 calls from July 31, 2025 to April 30, 2026. The target went from $900 to $780 (−13%). The rating stayed Buy.
- April 30, 2026 This noteTarget cut from $805 (−3%)Buy$780
- April 13, 2026Target cut from $820 (−2%)Buy$805
- January 29, 2026Target raised from $785 (+4%)Buy$820
- January 23, 2026Target cut from $875 (−10%)Buy$785
- October 30, 2025Target cut from $900 (−3%)Buy$875
- October 24, 2025Kept the $900 targetBuy$900
- September 18, 2025Kept the $900 targetBuy$900
- July 31, 2025Earliest call shownBuy$900
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