Analysts Raise Meta Targets to $900 on AI Momentum and Product Catalysts

Wall Street analysts have raised price targets on Meta Platforms, led by KeyBanc lifting its target to $900 from $780 and Cantor Fitzgerald raising its target to $860 from $680. KeyBanc indicated that Meta's valuation multiple has closed its historical discount against Alphabet, projecting earnings to reach roughly $40.50 per share by 2028. The revisions follow momentum from Meta's Muse AI assistant and the Meta Connect conference. In Q2 FY2026, Meta reported revenue growth of 27.96% year-over-year to $60.80 billion, while guiding full-year capital expenditures between $130 billion and $145 billion.