Wells Fargo Meta

Wells Fargo Lowers Meta Price Target to $995

October 22, 2026 Analyst: Ken Gawrelski 1 min read Reproduced verbatim
Rating
Buy
Target
$995
from $1,000 (−1%)
Upside
+54%
META at $646 today
Wells Fargo and Meta logos

What the analyst said

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

(NASDAQ: META) to $995 (from $1,000) while maintaining an Overweight rating.

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 $646. The 35 analysts who set a target in the last 3 months range from $595 to $1,000, with a median of $850. This $995 target is 17% above the median.

12-month window: day 1 of 365, closes on October 22, 2027.

Track record

This callOpen: META has not reached $995 yet. This 12-month target is scored on October 22, 2027.

Firm track recordWells Fargo: 67% of its 21 targets at least a year old were reached within 12 months (#24 of 28 firms). Accuracy ranking →

Earnings reactionOne of 28 notes after Meta’s Oct 21 results: 18 of 28 raised targets. See every call →

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, 2026 This noteTarget cut from $1,000 (−1%)Buy$995
  2. October 6, 2026Target raised from $796 (+26%)Buy$1,000
  3. September 21, 2026Target 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

ArgusBuy Kept rating and price target · Oct 23 $800maintained Freedom BrokerBuy Kept rating and price target · Oct 22 $780maintained MizuhoBuy Raised price target +27%, kept rating · Oct 22 $950from $750 BernsteinBuy Raised price target +6%, kept rating · Oct 22 $850from $800 StoneXHold Kept rating · Oct 22
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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.