Meta stock
The gist
Meta stock jumped 5.1% to $699.39 after Wells Fargo raised its target to $796 from $640.
The rally now hinges on Meta Connect 2026 and its Muse AI agent.
How it unfolded
- Jul 29, 2026Meta reported Q2 earnings of $6.18 per share, missing the $7.22 expected, while revenue of $60.80 billion topped the $60.17 billion estimate; current-quarter revenue guidance of $61 billion to $64 billion came in below the analysts' midpoint of $63.15 billion.
- Sep 11, 2026Meta stock closed at $648.03.
- Sep 16, 2026Citigroup maintained a Buy rating with an $800 target on Meta stock, and Rosenblatt maintained a Buy rating with an $886 target the same day.