Evercore Meta

Evercore ISI Reiterates Outperform on Meta, $860 Price Target

Analyst: Mark Mahaney 1 min read Reproduced verbatim
Rating
Outperform
Unchanged
Target
$860
Unchanged
Upside
+42%
META at $607 today
Evercore and Meta logos

What the analyst said

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $860 price target on Meta Platforms Inc.

(NASDAQ: META).

“Our View: We reiterate our Outperform rating on META and $860 PT in the wake of the launch of Meta’s new personal AI agent, Muse.

Per Meta, Muse “doesn’t just answer questions, it actually does the work.

It helps people stay on top of things, takes tasks and projects off their plate, and turns long-term goals into action plans.” That sounds helpful, doesn’t it?

The key for us on the stock here is that we believe it’s a probability (>50% chance) that Meta can successfully roll out AI agents to both consumers (the 3.6B daily users it has) and to small businesses (the perhaps 15MM globally that currently commercially reside on Facebook, Instagram, and WhatsApp), winning both material adoption and monetization over time.”

Disclaimer
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 $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 $860 target is in line with the median.

Since the note META has moved −7% (from $654). 12-month window: day 53 of 365, closes on September 10, 2027.

Track record

This callOpen: META has not reached $860 yet. This 12-month target is scored on August 26, 2027. Same target as this firm’s August 26, 2026 note, so it is scored there.

Firm track recordEvercore: 88% of its 16 targets at least a year old were reached within 12 months (#3 of 26 firms); on Meta, 3 of 4. Accuracy ranking →

Evercore on Meta

Evercore price targets on Meta

8 calls from April 30, 2026 to October 22, 2026. The target went from $930 to $870 (−6%). The rating stayed Buy.

Evercore targetMETA share price
  1. October 22, 2026Target raised from $860 (+1%)Buy$870
  2. October 12, 2026Kept the $860 targetBuy$860
  3. September 10, 2026 This noteKept the $860 targetBuy$860
  4. August 26, 2026Target raised from $820 (+5%)Buy$860
  5. July 30, 2026Target cut from $930 (−12%)Buy$820
  6. July 29, 2026Kept the $930 targetBuy$930
  7. June 17, 2026Kept the $930 targetBuy$930
  8. April 30, 2026Earliest call shownBuy$930
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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.