RBC Capital Raises Meta Platforms (META) Price Target to $800

RBC Capital kept its Outperform rating on Meta Platforms Inc. (NASDAQ: META) on October 22, 2026, while raising its price target on the social media giant from $770.00 to $800.00. Meta closed at $644.52 on the day of the announcement. Analyst notes reflect an optimistic forward-looking view of the company's advertising and artificial intelligence initiatives, setting a higher bar for the tech firm's future share performance without relying on past metrics.

META Meta Platforms, Inc.

$694.25 ▲ +7.02% year to date

1M 3M YTD

Daily close · Oct 20, 2026

RBC Capital's Call on Meta Platforms

The research note issued on October 22, 2026, leaves the Outperform rating in place while boosting the target price by $30.00 to $800.00. RBC Capital joins a chorus of Wall Street institutions reviewing their positions on the same day. Other major firms also updated their outlooks on October 22, 2026, providing a broader look at how analysts view the company's trajectory.

Meta Platforms, Inc. Stock Down 6.8%

Shares recently traded around $646.73, which puts them up about 0.3% from the event closing price of $644.52. The stock sits above its 200-day moving average of $632.62, though it remains below its 50-day moving average of $661.46. Over the past 52 weeks, the share price has ranged from a low of $520.26 to a high of $779.82.

Recent Earnings

Meta Platforms generated trailing-twelve-month revenue of $228.25 billion alongside earnings of $29.31 per share. The business posted a year-over-year revenue growth rate of 28.0%.

Dividend

The company pays an annual dividend rate of $2.10 per share, yielding 0.3% with a payout ratio of 7.9% of earnings.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed a series of stock sales prior to the analyst updates. He sold 1,575 shares on September 28, 2026, another 1,575 shares on October 5, 2026, at an average price of $728.08 for $1.15 million, 1,575 shares on October 12, 2026, at $728.10 for $1.15 million, and 1,575 shares on October 19, 2026, at $707.20 for $1.11 million.

Analysts Set New Price Targets

Several other firms updated their views on October 22, 2026. BMO Capital maintained a Market Perform rating and raised its target from $580.00 to $685.00. Evercore ISI Group maintained an Outperform rating and lifted its target from $860.00 to $870.00. Mizuho maintained an Outperform rating and raised its target from $750.00 to $950.00. Barclays maintained an Overweight rating and lifted its target from $780.00 to $880.00. Overall, the stock holds a consensus strong buy rating across 58 analysts with a mean price target of $817.87.

About Meta Platforms

Meta Platforms builds digital applications and hardware that help people stay connected through mobile phones, computers, virtual reality headsets, and smart glasses. The business operates through its Family of Apps and Reality Labs segments, supporting billions of active users worldwide while investing heavily in digital advertising and next-generation computing.

Bottom Line

Market participants continue to monitor how artificial intelligence investments and advertising revenue will influence upcoming financial reports. Investors should watch for future analyst adjustments and corporate filings to gauge ongoing momentum.