Analysts update Meta stock price targets

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Despite Meta Platforms , Inc. (NASDAQ: META ) stock dropping over 10% in five days due to a sharp surge in its third-quarter (Q3) capital expenditures (CapEx) that created a $2.12 billion Free Cash Flow (FCF) deficit, more than a dozen Wall Street analysts have overwhelmingly signaled a bullish outlook for the next 12 months. As of October 22, 2026, 44 Wall Street analysts surveyed by TipRanks over the past three months had set an average 12-month price target for Meta stock at $845.90. With META trading at $652.27 on Thursday, these analysts signal a potential 29.69% upside over the next 12 months. Earlier on Thursday, Ken Gawrelski, an expert at Wells Fargo & Co.
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