Keybanc Rates Meta Platforms (META) Overweight, $900 Price Target
Keybanc has reiterated its Overweight rating on Meta with a price target of $900, a 27.45% upside from the current price.
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Keybanc rated Meta Platforms, Inc. ($META) "Overweight" with a $900 price target on October 13, 2026.
Since the rating, $META is down 7.0% to date (from the $762.50 close on Oct 13, 2026).
Key Points
- On October 13, 2026, Keybanc reiterated its Overweight rating on Meta Platforms, Inc. with a price target of $900.
- Keybanc's $900 price target implies 27.45% upside from Meta Platforms, Inc.'s ($META) current $706.17 share price.
- Meta recently traded around $706.17, which is 21.5% below Keybanc's target and 13.2% below the average target of $813.65 from other analysts.
- The company has a strong earnings report coming up on October 21, 2026, with revenue growth of 28% year-over-year.
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Keybanc has reiterated its Overweight rating on Meta Platforms, Inc. (NASDAQ: META) with a price target of $900 on October 13, 2026. This target remains unchanged from their prior position. Currently, Meta is trading around $706.17 as of October 16, 2026, which places the stock 21.5% below the target set by Keybanc.
Other Institutional Activity in Meta Platforms, Inc.
Blackrock Inc. holds 173,396,976 shares of Meta, worth about $123 billion, after increasing its stake by 4,558,635 shares, a 2.7% rise. Vanguard Capital Management LLC has 143,440,997 shares valued at approximately $101.7 billion, having added 1,307,627 shares, marking a 0.9% increase. Meanwhile, FMR, LLC reduced its holdings by 20,723,183 shares, bringing its total to 95,895,744 shares valued at about $68 billion, which is a 17.8% decrease.
Meta Platforms, Inc. Stock Down 4.3%
Meta shares are currently trading above their 50-day moving average by 8.7% and above the 200-day moving average by 11.8%. However, the stock is 9.4% below its 52-week high of $779.82 and 35.7% above its 52-week low of $520.26. The recent trading price of $706.17 is also 13.2% lower than the average target price of $813.65 set by analysts.
$META price target
Meta Platforms, Inc. daily closes and this analyst's $900 target. Not advice.
Recent Earnings
Meta reported trailing twelve-month revenue of $228.2 billion, with a net margin of 29.8% and a return on equity of 29.8%. The next earnings report is scheduled for October 21, 2026.
Insider Buying and Selling at Meta Platforms, Inc.
Insider transactions have included Mark Zuckerberg, CEO, selling 27,474 shares valued at approximately $21.4 million on September 24, 2026. Javier Olivan, COO, also sold 1,575 shares on multiple occasions, with the most recent sale on October 12, 2026, valued at about $1.1 million.
Analysts Set New Price Targets
On October 12, 2026, Cantor Fitzgerald maintained its Overweight rating on Meta with a price target of $840, down from $860. On the same day, Pivotal Research maintained a Buy rating with a target of $930, while Truist Securities also maintained a Buy rating but raised its target to $1,000. Keybanc's reiterated target is $900, and Rosenblatt also maintains a Buy rating with a target of $886.
About Meta Platforms, Inc.
Meta Platforms, Inc. focuses on developing products that help people connect and share through various devices. It operates through two main segments: Family of Apps and Reality Labs. This reiteration of Keybanc's rating comes as the company prepares for its upcoming earnings report, which could influence market perceptions of its growth potential.
Bottom Line
Investors should watch for Meta's earnings report on October 21, 2026, which could provide more clarity on the company's performance. Keybanc's reiterated rating suggests confidence in the stock's long-term potential, despite its current trading price being below the set target.
Source: Keybanc's rating change on $META (Oct 13, 2026). Written by software, not financial advice. How we make alerts