Citizens JMP Meta

Citizens Keeps Market Outperform on Meta, $885 Price Target

October 22, 2026 Analyst: Andrew Boone 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$885
Unchanged
Upside
+35%
META at $655 today
Citizens JMP and Meta logos

What the analyst said

Citizens analyst Andrew Boone reiterated a Market Outperform rating and $885 price target on Meta Platforms Inc.

(NASDAQ: META)

“Meta reported better-than-expected 3Q26 results with revenue coming in $600M (1%) above the high-end of guidance as advertising growth ex-FX of +26% Y/Y was consistent with 2Q26, despite a 3-point tougher comp.

4Q26 revenue guidance calls for an ~50bps deceleration from 3Q26 ex-FX growth as AI continues to benefit user engagement, advertising performance, and unlocking new services, such as Muse.

Meta disclosed that 500M+ businesses use its family of Apps to reach customers and generate revenue and laid out a compelling case that Muse can build an intra-company network that helps people transact with businesses through agents.

To be clear, monetization is still opaque today, but we believe the potential to be an intermediary between a scaled user network with hundreds of millions of users and businesses highlights the monetization potential of Muse, while the core business continues to execute exceptionally well.

We reiterate our Market Outperform rating and $885 price target.”

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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 $655. The 33 analysts who set a target in the last 3 months range from $595 to $1,000, with a median of $850. This $885 target is 4% above the median.

12-month window: day 0 of 365, closes on October 22, 2027.

Track record

This callOpen: META has not reached $885 yet. This 12-month target is scored on September 24, 2027. Same target as this firm’s September 24, 2026 note, so it is scored there.

Firm track recordToo early to score Citizens JMP: price targets are 12-month calls and fewer than 3 of its targets are a year old. 1 of its 9 open targets have already been reached. How we score

Citizens JMP on Meta

Citizens JMP price targets on Meta

8 calls from July 2, 2026 to October 22, 2026. The target went from $825 to $885 (+7%). The rating stayed Buy.

Citizens JMP targetMETA share price
  1. October 22, 2026 This noteKept the $885 targetBuy$885
  2. October 20, 2026Kept the $885 targetBuy$885
  3. October 14, 2026Kept the $885 targetBuy$885
  4. September 24, 2026Target raised from $770 (+15%)Buy$885
  5. July 30, 2026Target cut from $800 (−4%)Buy$770
  6. July 13, 2026Kept the $800 targetBuy$800
  7. July 10, 2026Target cut from $825 (−3%)Buy$800
  8. July 2, 2026Earliest call shownBuy$825
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Other analysts on Meta

RBC CapitalBuy Raised price target +4%, kept rating · Oct 22 $800from $770 SusquehannaBuy Raised price target +31%, kept rating · Oct 22 $850from $650 BairdBuy Raised price target +9%, kept rating · Oct 22 $815from $750 William BlairBuy Kept rating · Oct 22 JP MorganBuy Raised price target +2%, kept rating · Oct 22 $940from $920
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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.