Meta Platforms Price Target Trimmed by Wells Fargo
Wells Fargo has trimmed its price target on Meta Platforms to $765 from $856, citing near-term macro uncertainty, but maintains an Overweight rating ahead of quarterly results. The move reflects a more cautious macro backdrop, but the firm's revenue outlook remains constructive, with a key qualifier that patience is required for investors.
Wells Fargo cut its price target on Meta Platforms to $765. The firm maintains an Overweight rating ahead of quarterly results. Meta's shares have lost 12.63% this year, with a one-year loss of 2.68%. The company reported a strong finish to fiscal 2025, with Q4 EPS at $8.88 and revenue of $59.89 billion. Meta's advertising engine drives the business, with ad impressions up 18% year-over-year. The investment story for 2026 centers on a massive capital commitment, with management guiding for full-year capital expenditures of $115 to $135 billion.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.