Rosenblatt Raises Meta Platforms (META) Price Target to $900

Rosenblatt reiterated its Buy rating on Meta Platforms, Inc. (NasdaqGS: META) on October 22, 2026, while updating its price target on the social media and technology giant. The firm issued its research note on the same day the company saw various updates from Wall Street. Meta Platforms closed at $646.96 on October 22, 2026, and recently traded around $653.91 as of October 22, 2026, putting it up about 1.1% since that close.

META Meta Platforms, Inc.

$694.25 ▲ +7.02% year to date

1M 3M YTD

Daily close · Oct 20, 2026

Rosenblatt's Call on Meta Platforms

Rosenblatt maintained its forward-looking Buy rating on Meta Platforms on October 22, 2026, while shifting its price target from $886.00 to $900.00. The firm joins a crowded field of Wall Street analysts evaluating the tech company's outlook in mobile apps, virtual reality, and artificial intelligence.

Other Institutional Activity in Meta Platforms

Institutional investors have been adjusting their positions in the tech giant over recent reports. Quilter grew its holdings by 13,847 shares, ending with 290,000 shares worth about $210,302,200.00. Axxcess Wealth Management trimmed its stake by 24,710 shares, ending with 29,410 shares valued at about $21,327,177.00. SBI Securities reduced its holdings by 2,795 shares, leaving it with 47,664 shares worth about $34,564,980.00. Carnegie Investment Counsel cut its position by 2,433 shares to finish with 140,366 shares worth about $99,014,476.00.

Meta Platforms, Inc. Stock Down 6.8%

Shares recently traded around $653.91 as of October 22, 2026, positioning the stock below its 50-day moving average of $661.46 and above its 200-day moving average of $632.62. The company carries a market capitalization of roughly $1.78 trillion and trades at a trailing price-to-earnings ratio of 23.80.

Recent Earnings

Meta Platforms generated trailing twelve month revenue of $228.25 billion alongside a net margin of 29.8% and earnings of $29.31 per share. The company reported a return on equity of 29.8% and year over year revenue growth of 28.0%. These figures reflect solid profitability across its Family of Apps and Reality Labs segments.

Dividend

Meta Platforms pays an annual dividend rate of $2.10 per share, which translates to a dividend yield of 0.3%. The company allocates 7.9% of its earnings toward dividend payments.

Insider Buying and Selling at Meta Platforms, Inc.

Chief Operating Officer Javier Olivan completed four transactions prior to the analyst update. He disposed of 1,575 shares on September 28, 2026, for a total value of $1,180,966.00. He sold another 1,575 shares on October 5, 2026, at an average price of $728.08 for a total value of $1,146,726.00. Olivan disposed of 1,575 shares at an average price of $728.10 on October 12, 2026, totaling $1,146,758.00, and completed a planned sale of 1,575 shares on October 19, 2026, at an average price of $707.20 for a total value of $1,113,840.00.

Analysts Set New Price Targets

Wall Street firms updated their views alongside Rosenblatt. Barclays maintained its Overweight rating and raised its target from $780.00 to $880.00 on October 22, 2026. RBC Capital kept its Outperform rating and raised its target from $770.00 to $800.00 on October 22, 2026. Wells Fargo maintained its Overweight rating while adjusting its target from $1,000.00 to $995.00 on October 22, 2026. Citizens reiterated a Market Outperform rating with an unchanged target of $885.00 on October 22, 2026. Scotiabank maintained its Sector Perform rating and raised its target from $600.00 to $650.00 on October 22, 2026. Across the broader analyst community, the stock carries a consensus strong buy recommendation with a mean target price of $817.87 across 58 opinions.

About Meta Platforms

Headquartered in Menlo Park, California, Meta Platforms develops applications and devices that let people connect through mobile phones, computers, virtual reality headsets, and AI glasses. Its operations span the Family of Apps ecosystem and Reality Labs hardware and software efforts.

Bottom Line

Investors will continue watching analyst revisions and institutional filing updates as the company moves toward its next reporting milestones. Wall Street maintains an overwhelmingly positive stance on the firm's growth trajectory.