Rosenblatt Rates Meta Platforms (META) Buy, $886 Price Target
Rosenblatt reiterates its Buy rating on Meta Platforms with a target price of $886 on October 13, 2026, a 25.46% upside from the current price.
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Rosenblatt rated Meta Platforms, Inc. ($META) "Buy" with a $886 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
- Rosenblatt maintains a Buy rating on Meta Platforms with a price target of $886, unchanged from before.
- Rosenblatt's $886 price target implies 25.46% upside from Meta Platforms, Inc.'s ($META) current $706.17 share price.
- As of October 16, 2026, Meta shares are trading around $706.17, which is below the analyst's target and the mean target of $813.65.
- Meta's revenue growth year-over-year stands at 28%, with net margins at 29.8%, indicating strong financial health.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Meta Platforms, Inc. alert may contain errors. Disclosures
Rosenblatt has reiterated its Buy rating on Meta Platforms, Inc. (NASDAQ: META) with a price target of $886 on October 13, 2026. This target remains the same as their previous assessment. The stock is currently trading at approximately $706.17 as of October 16, 2026.
Other Institutional Activity in Meta Platforms
Several other institutional investors have also been active in Meta. Blackrock Inc. holds about 173.4 million shares, worth around $123.0 billion, after increasing its position by 4.6 million shares. Vanguard Capital Management LLC has 143.4 million shares valued at about $101.7 billion, having added about 1.3 million shares. State Street Corporation increased its holdings by 3.5 million shares, bringing its total to about 92.0 million shares worth around $65.3 billion.
Meta Platforms, Inc. Stock Down 4.3%
Meta is currently trading above its 50-day moving average by about 8.7% and its 200-day moving average by about 11.8%. However, it is about 9.4% below its 52-week high of $779.82 and about 35.7% above its 52-week low of $520.26. The stock's recent trading price is also below the mean analyst target of $813.65, indicating potential for growth.
$META price target
Meta Platforms, Inc. daily closes and this analyst's $886 target. Not advice.
Recent Earnings
Meta reported trailing twelve-month revenue of approximately $228.2 billion with an earnings per share (EPS) of $26.54. The company has a return on equity of 29.8%. Its next earnings report is scheduled for October 21, 2026.
Insider Buying and Selling at Meta Platforms, Inc.
Insider transactions show that Chief Executive Officer Mark Zuckerberg sold 27,474 shares valued at about $21.4 million on September 24, 2026. Chief Operating Officer Javier Olivan sold 1,575 shares on multiple occasions, totaling around $1.1 million in value, with the last transaction on October 12, 2026.
Analysts Set New Price Targets
On October 12, 2026, Cantor Fitzgerald maintained its Overweight rating with a target of $840. On the same day, Pivotal Research maintained a Buy rating but raised its target to $930 from $790. Truist Securities also maintained a Buy rating with a target of $1,000. Rosenblatt, while continuing its Buy rating, has set a target of $886, the same as before.
About Meta Platforms
Meta Platforms, Inc. focuses on developing products that help people connect and share through various technologies, including mobile devices and virtual reality. The company operates in two segments: Family of Apps and Reality Labs. This reiteration of the Buy rating reflects confidence in Meta's strong financial performance and growth potential in the tech sector.
Bottom Line
Investors should keep an eye on Meta's upcoming earnings report on October 21, 2026, as well as any further updates from analysts. The recent price movements suggest that the stock has room for growth, considering its current trading levels compared to analyst targets.
Source: Rosenblatt's rating change on $META (Oct 13, 2026). Written by software, not financial advice. How we make alerts
