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KeyBanc keeps Overweight rating on Meta with $905 price target

KeyBanc reaffirmed its Overweight rating on Meta Platforms after third-quarter revenue rose 26% and beat both its own and market estimates.

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what happened

KeyBanc has kept its Overweight rating on Meta Platforms shares and maintained a price target of $905. The target implies upside of about 29.7% from the October 21 close of $697.52, according to TradingView.

The note was prompted by Meta's third-quarter revenue of $64.6 billion, up 26% from a year earlier. The analysts said the figure topped both their own forecast and market expectations. They linked the growth to heavy investment in artificial intelligence, which has improved ad performance and lifted advertiser spending.

The analysts also pointed to record engagement across Meta's platforms, including stronger time spent on Reels on Instagram and Facebook.

why it matters

For the market, this signals that large internet companies are still growing revenue on the back of AI. Ratings like this shape sentiment around the stock but rarely move the market on their own. Recent price targets from other brokers on Meta range from $850 to $1000.

tags

Analyst RatingStockUnited States

instruments

METANasdaq

sources

  1. Keybanc maintains Overweight rating on Meta Platforms, $905 price target — TradingView, 22 October 2026 at 12:30 UTC
  2. Keybanc maintains Overweight rating on AT&T, $33 price target — TradingView, 22 October 2026 at 12:36 UTC
  3. Rosenblatt maintains Buy rating on Meta Platforms, $900 price target — TradingView, 22 October 2026 at 12:48 UTC
  4. Wedbush maintains Neutral rating on Meta Platforms, $730 price target — TradingView, 22 October 2026 at 13:07 UTC
  5. Piper Sandler maintains Overweight rating on Meta Platforms, $850 price target — TradingView, 22 October 2026 at 13:18 UTC
  6. Scotiabank maintains Sector Perform rating on Meta Platforms, $650 price target — TradingView, 22 October 2026 at 14:44 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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