What the analyst said
Cantor Fitzgerald analyst Deepak Mathivanan lowered the price target on Meta Platforms Inc.
(NASDAQ: META) to $680 (from $770) while maintaining an Overweight rating.
“Overall, there was a lot to like in META’s 2Q print.
That said, debates on the company’s ability to achieve compelling returns in the M-LT from ongoing capex investments are likely to remain open until we see revenue growth potentially re-accelerate.
We have raised our FY27E revenue by 2% but have lowered EPS/FCF for incremental investments.
We reiterate our Overweight rating, and our new PT of $680 is based on 25x FY27E EPS (vs $770 and 26x FY26E/FY27E, previously).”
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Where the price stands
META trades at $619. The 33 analysts who set a target in the last 3 months range from $650 to $1,000, with a median of $860. This $680 target is 21% below the median.
Since the note META has moved +6% (from $586). 12-month window: day 96 of 365, closes on July 30, 2027.
Track record
This call✓ Target reached on September 17, 2026, 2 months after the note.
Firm track recordCantor: 79% of its 53 targets at least a year old were reached within 12 months (#11 of 26 firms); on Meta, 6 of 11. Accuracy ranking →
Cantor on Meta
Cantor price targets on Meta
8 calls from October 30, 2025 to October 22, 2026. The target went from $830 to $860 (+4%). The rating stayed Buy.
- October 22, 2026Kept the $860 targetBuy$860
- September 23, 2026Target raised from $680 (+26%)Buy$860
- July 30, 2026 This noteTarget cut from $750 (−9%)Buy$680
- April 30, 2026Target cut from $860 (−13%)Buy$750
- January 29, 2026Target raised from $750 (+15%)Buy$860
- January 8, 2026Target raised from $720 (+4%)Buy$750
- November 19, 2025Target cut from $830 (−13%)Buy$720
- October 30, 2025Earliest call shownBuy$830





