JJP Morgan Mmeta · META

JPMorgan Maintains Overweight on Meta, $820 PT

Sep 22, 2026· Analyst: Doug Anmuth· 1 min read· Reproduced verbatim
Rating
Buy
Price target
$820
Previous
Implied upside
+11%

JPMorgan analyst Doug Anmuth reiterated an Overweight rating and $820 price target on Meta Platforms Inc.

(NASDAQ: META).

“We remain bullish on Meta following our 9/10/26 upgrade, and with Meta shares up 21% since the launch of Muse 2 weeks ago, vs. the SPX +1%.

Muse has continued to climb in the App Store to currently the #1 most downloaded free app in the US, and at increasing download volume compared to a week ago.

The combination of virality and Meta’s strong distribution platform make the buzz around Muse quite palpable.

Following the accelerated model progression of Muse Spark with big gains in agentic and multimodel capabilities in recent months, Meta is also shipping quickly around Muse with a series of innovations within just two weeks from launch.”

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