BMO Capital Keeps Market Perform on Meta, $580 PT
BMO Capital analyst Brian J.
Pitz reiterated a Market Perform rating and $580 price target on Meta Platforms Inc. (NASDAQ: META).
“Meta Connect 2026 keynote delivered several hardware announcements, headlined by the impressive Meta VR Glasses.
The glasses will cost $1,299 (vs. $2,195 for SNAP’s SPECS) when they release in Spring 2027.
META also announced Muse Charm, a new palm-sized device that consumers can use to interact with their Muse AI agent, which is already being used by “millions” of people following its September 8 launch.
While we are incrementally positive on META’s AI investments, we remain Market Perform as we expect competitors to announce similar/competitive products in the coming weeks.”
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.


