Citigroup Raises Meta Platforms (META) Price Target to $905
Key Points
- Citigroup reiterated a Buy rating on Meta Platforms, Inc. on October 22, 2026, while moving its price target up from $895.00 to $905.00.
- Citigroup's $905 price target implies 39.46% upside from Meta Platforms, Inc.'s ($META) current $648.91 share price.
- Meta Platforms reported trailing twelve-month revenue of $228.25 billion alongside a net margin of 29.8% and earnings of $29.31 per share.
- Wall Street sentiment remains strong with a consensus recommendation key of strong buy and a mean price target of $817.87 across 58 analysts.
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On October 22, 2026, Citigroup reiterated its Buy rating on Meta Platforms, Inc. NASDAQ:META and increased its price target from $895.00 to $905.00. The update arrived alongside a flurry of target adjustments from other major Wall Street research firms on the same day.
META
Meta Platforms, Inc.
Citigroup vs. the S&P 500
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Citigroup's Call on Meta Platforms
In its research note published on October 22, 2026, Citigroup kept a Buy rating on Meta Platforms while pushing its target up by $10.00 from the prior level of $895.00.
Meta Platforms, Inc. Stock Down 6.5%
Meta Platforms recently traded around $648.91 as of October 22, 2026, sitting below its 50-day moving average of $661.46 and above its 200-day moving average of $632.62. The stock closed at $648.85 on the day of the analyst update.
$META price target
Meta Platforms, Inc. daily closes and this analyst's $905 target. Not advice.
Recent Earnings
Meta Platforms carries a trailing twelve-month revenue of $228.25 billion and basic earnings of $29.31 per share. The company posted a return on equity of 29.8% and a net profit margin of 29.8% for the period, reflecting solid operational performance across its digital platforms and apps.
Dividend
Meta Platforms pays an annual dividend rate of $2.10 per share, giving it 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 transactions between September 28, 2026, and October 19, 2026, each involving 1,575 shares.
Analysts Set New Price Targets
Several research firms updated their outlooks on October 22, 2026. UBS maintained a Buy rating and raised its target from $884.00 to $892.00. DA Davidson maintained a Buy rating and lifted its target from $700.00 to $800.00. BMO Capital maintained a Market Perform rating while moving its target from $580.00 to $685.00. Evercore ISI Group maintained an Outperform rating and pushed its target from $860.00 to $870.00. Overall, the stock holds a strong buy consensus with a mean target price of $817.87 from 58 analysts.
About Meta Platforms
Meta Platforms, Inc. builds applications and technologies that help people connect through mobile devices, personal computers, virtual reality headsets, and wearable devices. Operating via its Family of Apps and Reality Labs segments, the company connects billions of users worldwide and invests heavily in artificial intelligence and digital infrastructure.
Bottom Line
Citigroup's decision to bump its target to $905.00 shows continued optimism for the tech giant's financial trajectory. Investors will watch upcoming earnings reports to see if advertising revenue and operating margins continue to meet lofty expectations.
Related Filing Alerts
Source: Citigroup's rating change on $META (Oct 22, 2026). Written by software, not financial advice. How we make alerts