Wells Fargo raises target for Meta Platforms stock to USD 1,000.00
Published on 10/14/2026 at 13:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget raised before results
- Wells Fargo raised its Meta target from USD 796.00 to USD 1,000.00 on October 6, 2026.
- Second-quarter revenue reached USD 60.8 billion in the second quarter of 2026.
- Meta Platforms stock traded at EUR 682.00 at 1:00 p.m. CEST at Lang & Schwarz on October 14, 2026.
- Third-quarter results are scheduled for October 21, 2026.
Meta Platforms (ISIN US30303M1027) was trading at EUR 682.00 at Lang & Schwarz on October 14, 2026 at 1:00 p.m. CEST. The market story is Wells Fargo's October 6 target increase from USD 796.00 to USD 1,000.00, while the next quarterly report is scheduled for October 21.
AI target meets a spending test
According to CNBC on October 6, 2026, Wells Fargo analyst Ken Gawrelski kept an Overweight rating while lifting the target to USD 1,000.00 from USD 796.00. The bank linked its view to Meta's Muse product cycle, but also expected muted near-term monetization.
The counterweight is spending. Yahoo Finance reported on October 6, 2026 that Wells Fargo considered 2027 operating expenses of USD 210 billion to USD 215 billion, compared with a USD 202 billion Street estimate.
Three dates frame the story
CNBC placed Muse's launch on September 8, 2026, and said the app reached the top spot among free apps in Apple's App Store. On October 6, 2026, Wells Fargo set the USD 1,000.00 target. On October 12, 2026, Meta announced the next results date.
What will the next report test?
Meta said on October 12, 2026 that third-quarter 2026 results will be released after the market close on October 21, 2026, followed by a conference call at 4:30 p.m. ET. The report will give investors a fresh test of Muse adoption, spending and advertising growth.
Meta's standardized second-quarter 2026 figures show revenue of USD 60.8 billion, net income attributable to common shareholders of USD 15.8 billion and diluted earnings per share of USD 6.18. Revenue was the key growth figure, while the earnings-per-share result gives the spending debate a measurable counterpoint.
Meta stock ahead of results
Meta Platforms was trading at EUR 682.00 at Lang & Schwarz on October 14, 2026 at 1:00 p.m. CEST. Its primary listing is Nasdaq under ticker META, and the finance snapshot valued the company at USD 1.9 trillion on October 13, 2026, with a 52-week range of USD 520.26 to USD 779.82. The next major company date is October 21, 2026.
The further course of trading is shown by the continuously updated real-time quote of Meta Platforms stock.
Meta Platforms stock facts
- Company: Meta Platforms, Inc.
- ISIN: US30303M1027
- WKN: A1JWVX
- Ticker: META
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 14, 2026, 1:00 p.m. CEST): EUR 682.00
- Market capitalization: USD 1.9 trillion (as of October 13, 2026)
- 52-week range: USD 520.26-779.82
- Sector / Industry: Communication Services / Internet Content & Information
- Index membership: S&P 500 and Nasdaq-100
- Next earnings date: October 21, 2026
Market context: Market report S&P 500.
