Cantor Fitzgerald Raises META Price Target to $860

Cantor Fitzgerald maintained an Overweight rating on Meta Platforms, Inc. on October 22, 2026, while lifting its price target from $840.00 to $860.00. The research note reflects the firm's forward-looking view on the technology giant, coming as the stock trades well below the newly adjusted target level. Meta closed at $697.52 on October 21, 2026, putting Cantor's target roughly 23% above where the shares recently changed hands.

META Meta Platforms, Inc.

$694.25 ▲ +7.02% year to date

1M 3M YTD

Daily close · Oct 20, 2026

Cantor Fitzgerald's Call on Meta Platforms

In its October 22 note, Cantor Fitzgerald kept an Overweight rating on Meta Platforms, Inc. while raising its target to $860.00 from $840.00. The firm's updated target sits comfortably above the broader Wall Street consensus, pointing to continued upside potential for the social media and hardware developer.

Other Institutional Activity in Meta Platforms

PensionDanmark Pensionsforsikringsaktieselskab reduced its holdings by 13,642 shares, ending with 420,531 shares worth about $304.96 million. Meanwhile, AlphaStar Capital Management grew its holdings by 888 shares, ending with 14,901 shares worth about $10.81 million. Financial Synergies Wealth Advisors opened a new position with 765 shares valued at about $554,861.

Meta Platforms, Inc. Stock Down 5.8%

Meta Platforms closed at $697.52 on October 21, 2026, and recently traded near $698.43. The stock sits above its 50-day moving average of $661.46 and its 200-day moving average of $632.62.

Recent Earnings

Meta Platforms generated trailing-twelve-month revenue of $228.25 billion alongside earnings of $29.31 per share. The firm reported a net profit margin of 29.8% and a return on equity of 29.8%.

Dividend

Meta Platforms pays an annual dividend rate of $2.10 per share, delivering a dividend yield of 0.3% with a payout ratio of 7.9%.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed four separate stock sales across late September and October 2026. On September 28, Olivan sold 1,575 shares for a total value of $1,180,966. On October 5, Olivan disposed of another 1,575 shares at an average price of $728.08 for a total value of $1,146,726. Later, on October 12, Olivan unloaded 1,575 shares at an average price of $728.10 for a total value of $1,146,757.50 under a Rule 10b5-1 plan. Finally, on October 19, Olivan sold 1,575 shares at an average price of $707.20 for a total value of $1,113,840 under a Rule 10b5-1 plan.

Analysts Set New Price Targets

Other firms updated their views around the same period. On October 19, Morgan Stanley maintained an Overweight rating and lifted its target from $775.00 to $820.00. On October 20, Rosenblatt kept a Buy rating and an $886.00 target. On October 22, B of A Securities maintained a Buy rating and raised its target from $810.00 to $845.00, while Pivotal Research maintained a Buy rating and bumped its target from $930.00 to $960.00. Across 58 analyst opinions tracked, Meta holds a consensus Strong Buy rating and a mean price target of $817.87.

About Meta Platforms

Headquartered in Menlo Park, California, Meta Platforms, Inc. builds digital environments and devices that let people connect through mobile phones, computers, virtual reality headsets, and artificial intelligence glasses. The company organizes its operations into the Family of Apps segment and the Reality Labs division.

Bottom Line

Cantor Fitzgerald's updated target highlights steady confidence from major research desks as Meta shares trade above their primary moving averages. Investors will watch upcoming quarterly reports to see if ad revenue and Reality Labs spending continue to justify these higher targets.