Rosenblatt and Truist keep Buy ratings on Meta with $886 and $1000 targets

what happened

Rosenblatt kept its Buy rating on Meta Platforms and set a price target of $886. The target implies roughly 20.1% upside from the October 14 close of $737.54. The analyst note points to close to 4 billion monthly active users across the Family of Apps, a large audience that supports steady advertising revenue and the company's financial stability.

Truist Securities also maintained its Buy rating, with a $1000 target that implies 35.6% upside from the same close. Its note projects a 25% year-over-year rise in advertising revenue and up to $28.5 billion in incremental revenue by FY30 from the Muse platform, which the firm sees as a way to diversify beyond advertising.

Benzinga, whose reference data is used in this feed, reports that price targets in the five most recent analyst notes over the past 30 days range from $850 to $1000. This material is not a personal recommendation or investment advice.

why it matters

For the market, the spread of targets is fairly narrow, and both reports rest on advertising growth and new AI products. Investors will likely watch whether user engagement and Muse adoption support those expectations in upcoming results.

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