Analyst Ronald Josey of Citi maintained a Buy rating on Meta Platforms, retaining the price target of $850.00.
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Ronald Josey has given his Buy rating due to a combination of factors tied to Meta’s strong financial performance and disciplined cost management. Meta delivered first-quarter 2026 revenue and earnings that exceeded market expectations, driven largely by robust advertising growth, higher ad pricing, and notable operating margin expansion, all of which highlight the underlying strength of its core Family of Apps business.
At the same time, Meta kept its 2026 expense outlook intact while modestly increasing its capital expenditure plans, signaling confidence in long-term AI and compute investments without sacrificing profitability. Reality Labs losses were narrower than anticipated, and second-quarter revenue guidance aligned with consensus, reinforcing visibility into continued ad momentum. Reflecting this balanced growth and investment profile, Josey reiterates his Buy rating and keeps his $850 price target unchanged.
In another report released today, TD Cowen also maintained a Buy rating on the stock with a $800.00 price target.
META’s price has also changed moderately for the past six months – from $751.670 to $669.120, which is a -10.98% drop .