BMO Capital Maintains Market Perform on Meta, $580 Price Target

October 20, 2026 Analyst: Brian J. Pitz 1 min read Reproduced verbatim
Rating
Hold
Unchanged
Target
$580
Unchanged
Outcome
Reached
on September 2, 2026
BMO Capital and Meta logos

What the analyst said

BMO Capital analyst Brian J.

Pitz reiterated a Market Perform rating and $580 price target on Meta Platforms Inc. (NASDAQ: META).

“META’s improving AI product momentum strengthens the product story, but we remain cautious on the scale/timing of monetization, as we expect expenses could increase as AI products roll out.

Muse’s early traction and Connect hardware announcements underscore improvements, but don’t resolve the ROI debate around $144B/$179B 2026E/2027E CapEx.

Meanwhile, the U.S. child-safety settlement reduces trial risk, but it drives structural remedies that target user engagement as global child safety initiatives continue to ramp.

Maintain Market Perform and $580 Target Price as we seek visibility on monetization of recent productization.”

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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 $705. The 33 analysts who set a target in the last 3 months range from $580 to $1,000, with a median of $860. This $580 target is 33% below the median, the lowest on the Street.

12-month window: day 1 of 365, closes on October 20, 2027.

Track record

This call✓ Target reached on September 2, 2026, 7 days after the note. Same target as this firm’s August 26, 2026 note, so it is scored there.

Firm track recordToo early to score BMO Capital: price targets are 12-month calls and fewer than 3 of its targets are a year old. 5 of its 17 open targets have already been reached. How we score

BMO Capital on Meta

BMO Capital price targets on Meta

6 calls from July 1, 2026 to October 20, 2026. The target went from $720 to $580 (−19%). The rating stayed Hold.

BMO Capital targetMETA share price
  1. October 20, 2026 This noteKept the $580 targetHold$580
  2. September 24, 2026Kept the $580 targetHold$580
  3. August 26, 2026Target cut from $720 (−19%)Hold$580
  4. July 29, 2026Kept the $720 targetHold$720
  5. July 17, 2026Kept the $720 targetHold$720
  6. July 1, 2026Earliest call shownHold$720
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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.