Guggenheim and TD Cowen keep Buy rating on Meta with $850 target
Guggenheim and TD Cowen reaffirmed Buy ratings on Meta Platforms with an $850 price target after third-quarter results, according to TradingView.
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what happened
According to TradingView, Guggenheim reiterated its Buy rating on Meta Platforms with an $850 price target. The target implies a 21.9% upside from the October 21 close of $697.52. The analysts pointed to third-quarter revenue of $64.6 billion, up 26% year over year, supported by stronger engagement and higher ad impressions and prices.
TD Cowen also maintained its Buy rating and $850 target. It said Meta's revenue grew 26.1% year over year in the third quarter of 2026, while the Family of Apps reached 3.64 billion daily active users, up 3% year over year.
why it matters
Notes like these usually reflect analysts' reaction to a company's quarterly report. Among the five most recent notes on META over the past 30 days, price targets ranged from $730 to $905, showing a wide spread of views. For the Nasdaq and the tech sector, the key factors are advertising revenue momentum and spending on AI.
tags
instruments
sources
- Guggenheim reiterates Buy rating on Meta Platforms, $850 price target — TradingView, 22 October 2026 at 12:48 UTC
- TD Cowen maintains Buy rating on Meta Platforms, $850 price target — TradingView, 22 October 2026 at 13:24 UTC
- Citizens reiterates Market Outperform rating on Meta Platforms, $885 price target — TradingView, 22 October 2026 at 15:02 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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