Barclays Raises Meta Platforms (META) Price Target to $880

Barclays reaffirmed its Overweight rating on Meta Platforms, Inc. (NasdaqGS: META) on October 22, 2026, while increasing its price target on the stock. Shares of Meta Platforms closed at $644.52 on October 22, 2026. The recent price sits up about 0.3% since that close, changing hands around $646.73 as of October 22, 2026. That puts the shares well below the new target set by the firm, leaving plenty of room between where the stock trades right now and where the analyst expects it to go.

META Meta Platforms, Inc.

$694.25 ▲ +7.02% year to date

1M 3M YTD

Daily close · Oct 20, 2026

Barclays's Call on Meta Platforms

In its research note on October 22, 2026, Barclays decided to keep an Overweight rating on Meta Platforms while lifting its price target from $780.00 to $880.00. An Overweight rating means the firm expects the stock to do better than the average stock in the same sector. Analysts use these ratings to share their forward-looking views on a company's business prospects.

Meta Platforms, Inc. Stock Down 6.8%

Meta Platforms shares recently traded around $646.73, which is about 2.2% below its 50-day moving average of $661.46 and roughly 2.2% above its 200-day moving average of $632.62. The stock is down about 17.1% from its 52-week high of $779.82 and up about 24.3% from its 52-week low of $520.26. The company carries a market capitalization of roughly $1.78 trillion and a price-to-earnings ratio of 23.80 based on trailing results.

Recent Earnings

For the trailing twelve months, Meta Platforms generated $228.25 billion in revenue and reported earnings of $29.31 per share. The company posted a net profit margin of 29.8% alongside a return on equity of 29.8%.

Dividend

Meta Platforms pays an annual dividend rate of $2.10 per share, which translates to a dividend yield of 0.3%. The company allocates 7.9% of its earnings to cover these dividend payments.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed a series of stock sales leading up to the analyst update. On September 28, 2026, Olivan sold 1,575 shares valued at $1,180,966. He followed that with another sale of 1,575 shares on October 5, 2026, at an average price of $728.08 for a total value of $1,146,726. On October 12, 2026, Olivan parted with another 1,575 shares at $728.10 per share, worth $1,146,758. Most recently, on October 19, 2026, he sold 1,575 shares at $707.20 for a total value of $1,113,840.

Analysts Set New Price Targets

Several other Wall Street firms updated their views on Meta Platforms on October 22, 2026. BMO Capital maintained its Market Perform rating while moving its price target from $580.00 to $685.00. Evercore ISI Group kept an Outperform rating and lifted its target from $860.00 to $870.00. Mizuho maintained an Outperform rating while raising its target sharply from $750.00 to $950.00. RBC Capital kept an Outperform rating and adjusted its target from $770.00 to $800.00. Across the broader analyst community, the stock holds a consensus recommendation of strong buy, backed by 58 analyst opinions and a mean price target of $817.87.

About Meta Platforms

Headquartered in Menlo Park, California, Meta Platforms builds applications and technologies that let people connect through mobile devices, personal computers, virtual reality headsets, and smart glasses. The business operates primarily through two segments: the Family of Apps, which includes popular social networks and messaging services, and Reality Labs, which focuses on hardware and virtual reality products.

Bottom Line

Investors will watch to see if Meta Platforms can close the gap toward Barclays's $880.00 target over the coming months. Market participants should also monitor upcoming earnings reports and future insider filing updates to gauge the broader momentum around the stock.