Truist Meta

Truist Keeps Buy on Meta, $1,000 Price Target

October 22, 2026 Analyst: Youssef Squali 1 min read Reproduced verbatim
Rating
Buy
Unchanged
Target
$1,000
Unchanged
Upside
+55%
META at $646 today
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What the analyst said

Truist Securities analyst Youssef Squali reiterated a Buy rating and $1,000 price target on Meta Platforms Inc.

(NASDAQ: META).

“3Q Results/4Q Guide Reflect AI-Driven Ad Monetization/ User Engagement; Capex remains top of mind for many investors as it remains opaque and the source of FCF wipe out for FY26 (and FY27 by our est.), but Meta has delivered more proof points that these investments have been driving faster growth for longer for its core ad biz while helping build several new revenue streams around Muse which is showing solid product market fit and should start scaling in FY27 (subscriptions, take rate on transactions, API access etc.).

Stronger than Street expected 4Q guide shows that this momentum is accelerating.

We maintain Buy & $1,000 PT on META as we expect it to continue to gain share, grow 20%+ Y/Y at mid-30%s Op. margins, all trading at a compelling valuation.”

Disclaimer
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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 $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 $1,000 target is 18% above the median, the highest on the Street.

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

Track record

This callOpen: META has not reached $1,000 yet. This 12-month target is scored on October 13, 2027. Same target as this firm’s October 13, 2026 note, so it is scored there.

Firm track recordTruist: 73% of its 11 targets at least a year old were reached within 12 months (#23 of 28 firms). Accuracy ranking →

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

Truist on Meta

Truist price targets on Meta

6 calls from January 29, 2026 to October 22, 2026. The target went from $900 to $1,000 (+11%). The rating stayed Buy.

Truist targetMETA share price
  1. October 22, 2026 This noteKept the $1,000 targetBuy$1,000
  2. October 13, 2026Target raised from $763 (+31%)Buy$1,000
  3. August 27, 2026Target cut from $770 (−1%)Buy$763
  4. July 30, 2026Target cut from $840 (−8%)Buy$770
  5. April 30, 2026Target cut from $900 (−7%)Buy$840
  6. January 29, 2026Earliest call shownBuy$900
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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.