Rosenblatt Rates Meta Platforms (META) Buy, $886 Price Target

Rosenblatt maintained its Buy rating on Meta Platforms, Inc. (NASDAQ: META) with a price target of $886.00 on October 20, 2026. The research note follows a string of recent updates from major Wall Street firms as investors await the company's next earnings report.

META Meta Platforms, Inc.

$709.33 ▲ +9.34% year to date

1M 3M YTD

Daily close · Oct 16, 2026

Rosenblatt's Call on Meta Platforms

On October 20, 2026, Rosenblatt issued its research note keeping a Buy rating and an $886.00 price target on the social media and technology giant, holding steady from its previous target of $886.00. The firm's target sits well above recent trading levels as Wall Street firms balance strong year-over-year revenue growth against heavy investments in artificial intelligence and virtual reality.

Other Institutional Activity in Meta Platforms

Large investors continue adjusting their holdings in Meta Platforms ahead of earnings. PensionDanmark Pensionsforsikringsaktieselskab reduced its stake by 13,642 shares, ending with 420,531 shares valued at about $304,960,671.00. Meanwhile, Banque Pictet & Cie grew its holdings by 36,133 shares, ending with 380,037 shares worth about $275,595,232.00. AlphaStar Capital Management boosted its position by 888 shares to 14,901 shares worth about $10,806,088.00, and Financial Synergies Wealth Advisors picked up a new stake of 765 shares valued at about $554,861.00.

Meta Platforms, Inc. Stock Down 2.1%

Shares of Meta Platforms recently traded around $694.11 on October 20, 2026, up about 0.2% from the day's close of $692.71. The stock has traded between a 52-week low of $520.26 and a 52-week high of $779.82, resting comfortably above both its 50-day moving average of $657.51 and its 200-day moving average of $632.20.

Recent Earnings

Meta Platforms reported trailing-twelve-month revenue of $228,246,994,944.00 and basic earnings of $26.54 per share. The company posted a net profit margin of 29.8% alongside a return on equity of 29.8%, with year-over-year revenue growth coming in at 28.0%. The next earnings release is scheduled for October 21, 2026.

Dividend

Meta Platforms pays an annual dividend rate of $2.10 per share, giving the stock a dividend yield of 0.3%. The company devotes 7.9% of its earnings to dividend payouts.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed multiple transactions ahead of the rating update, including a sale of 1,575 shares on September 28, 2026, another sale of 1,575 shares at an average price of $728.08 on October 5, 2026, and a pair of 1,575-share sales on October 12, 2026, at $728.10 per share.

Analysts Set New Price Targets

Wall Street remains broadly optimistic on the stock, with 58 analysts carrying a consensus Strong Buy recommendation and a mean price target of $818.99. Recent coverage updates include Goldman Sachs maintaining its Buy rating with an $860.00 target on October 14, 2026, Citigroup raising its target to $895.00 with a Buy rating on October 15, 2026, JP Morgan reiterating an Overweight rating with a $920.00 target on October 15, 2026, and Morgan Stanley lifting its target to $820.00 with an Overweight rating on October 19, 2026.

About Meta Platforms

Headquartered in Menlo Park, California, Meta Platforms builds applications and hardware that let people connect through mobile devices, computers, virtual reality headsets, and AI glasses. The company operates through its Family of Apps and Reality Labs segments, driving massive global engagement across its social platforms while funding next-generation hardware and artificial intelligence projects.

Bottom Line

Investors are closely watching the upcoming earnings release on October 21, 2026, for fresh updates on ad revenue and Reality Labs spending. Rosenblatt's reiterated Buy rating reflects continued confidence on Wall Street as the tech giant heads into its quarterly financial update.