Meta Platforms stock: Citigroup raises target for Meta Platforms stock to USD 895.00

Published on 10/22/2026 at 17:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Citigroup raised its target from USD 800.00 to USD 895.00 on October 15, 2026. Meta Platforms stock costs EUR 582.80 on October 22, 2026.

Analyst target and results

Citigroup raised its Meta target from USD 800.00 to USD 895.00 on October 15, 2026.
Meta reported third-quarter revenue of USD 64.60 billion for the period ended September 30, 2026.
Meta Platforms stock costs EUR 582.80 at Lang & Schwarz on October 22, 2026 at 5:00 p.m. CEST.

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Meta Platforms will face a higher Citigroup valuation benchmark after the bank raised its price target from USD 800.00 to USD 895.00 on October 15, 2026, according to Benzinga. Using the Nasdaq price of USD 652.60 at 11:03 a.m. ET on October 22, 2026, the new target stood 37.16 percent above the stock.

At Lang & Schwarz, Meta Platforms stock was trading at EUR 582.80 on October 22, 2026 at 5:00 p.m. CEST.

Revenue grew as margins narrowed

Meta reported third-quarter 2026 revenue of USD 64.60 billion for the period ended September 30, 2026, up 26.00 percent from USD 51.24 billion in the year-ago quarter, according to Meta. Net income reached USD 9.86 billion, while diluted earnings per share came to USD 3.83.

The figures include a USD 9.89 billion charge related to an August 2026 agreement with U.S. state attorneys general. Excluding that charge, Meta said third-quarter operating income would have been USD 22.88 billion and diluted earnings per share USD 7.40.

Price position and spending

Meta's primary Nasdaq quote was USD 652.60 at 11:03 a.m. ET on October 22, 2026, compared with a 52-week range of USD 520.26 to USD 779.82. The market capitalization was USD 1.7 trillion and the trailing price-to-earnings ratio was 22.26.

Meta expects fourth-quarter 2026 revenue of USD 73.00 billion to USD 76.00 billion. It also narrowed its 2026 capital expenditure outlook to USD 135.00 billion to USD 145.00 billion from USD 130.00 billion to USD 145.00 billion, according to the October 21, 2026 release.

What comes after January 19?

Meta's Board approved a new non-voting Class C common stock with an effective date of January 19, 2027. The company plans a one-time stock dividend of one Class C share for each outstanding Class A and Class B share, subject to the effectiveness of the amended charter, according to CNBC.

For investors, the new target points to a valuation debate centered on AI spending and legal costs. Revenue growth remained substantial in the third quarter, but the reported operating margin was 20.00 percent, down from 40.00 percent a year earlier.

Stock price and investor view

Meta combines fast revenue growth with a large capital program and a material legal charge in the latest quarter. The next scheduled corporate date is January 19, 2027, when the new share class is intended to become effective.

The further course of trading is shown by the continuously updated real-time quote of Meta Platforms stock.