Meta Raises Analyst Price Targets to $900 Amid AI Momentum and Revenue Growth
Two major Wall Street firms, KeyBanc and Cantor Fitzgerald, have raised their price targets for Meta Platforms (NASDAQ:META), citing strong momentum around the company's Muse AI assistant and emerging revenue opportunities. KeyBanc increased its target to $900 from $780 while maintaining an Overweight rating; Cantor Fitzgerald similarly lifted its target to $860 from $680, also with an Overweight stance. Meta has seen a 37.6% surge in stock price over the past month as it invests heavily in AI infrastructure, with FY2026 capex guidance set between $130 billion and $145 billion. The company's advertising revenue grew by 27% year-over-year to $59.36 billion in Q2 FY2026, though earnings missed expectations due to legal charges and severance costs. Analysts highlight Meta’s potential leadership position in the next phase of AI development—personal agents—and believe its product innovation could drive faster revenue growth over time.
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