Wells Fargo Meta

Wells Fargo Raises Meta Price Target to $796

Analyst: Ken Gawrelski 1 min read Reproduced verbatim
Rating
Overweight
Target
$796
from $640 (+24%)
Upside
+30%
META at $610 today
Wells Fargo and Meta logos

What the analyst said

Wells Fargo analyst Ken Gawrelski raised the price target on Meta Platforms Inc.

(NASDAQ: META) to $796.00 (from $640.00) while maintaining an Overweight rating.

“Revenue estimates remain unchanged. Reduce ’26 OI estimate by 12%, primarily driven by legal settlement with $10B charge in 3Q:26. Trim ’27 / ’28 OI by 1%.

Revised ’27 / ’28 EPS estimates of $31.86 / $38.75 vs $32.07 / $38.73 prior. Maintain Overweight rating and increase PT to $796 (prior $640) based on 25x (prior 20x) our ’27 EPS.

Raise target multiple following performance of recent Muse Spark 1.3 model and encouraging early signs of a new product cycle.”

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 $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 $796 target is 7% below the median.

Since the note META has moved −8% (from $666). 12-month window: day 47 of 365, closes on September 21, 2027.

Track record

This callOpen: META has not reached $796 yet. This 12-month target is scored on September 21, 2027.

Firm track recordWells Fargo: 65% of its 34 targets at least a year old were reached within 12 months (#21 of 26 firms); on Meta, 3 of 6. Accuracy ranking →

Wells Fargo on Meta

Wells Fargo price targets on Meta

8 calls from April 2, 2026 to October 22, 2026. The target went from $765 to $995 (+30%). The rating stayed Buy.

Wells Fargo targetMETA share price
  1. October 22, 2026Target cut from $1,000 (−1%)Buy$995
  2. October 6, 2026Target raised from $796 (+26%)Buy$1,000
  3. September 21, 2026 This noteTarget raised from $640 (+24%)Buy$796
  4. July 30, 2026Target cut from $767 (−17%)Buy$640
  5. July 2, 2026Target raised from $765 (0%)Buy$767
  6. May 20, 2026Target cut from $770 (−1%)Buy$765
  7. April 30, 2026Target raised from $765 (+1%)Buy$770
  8. April 2, 2026Earliest call shownBuy$765
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Other analysts on Meta

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 Yorkville IvesBuy Kept rating and price target Oct 26 $920maintained
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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.