Street estimates for 2027 earnings per share will likely fall because of higher operating expenses. Wells Fargo describes this projected period as trough cycle EPS for the company.
Wednesday, October 21, 2026
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Wells Fargo Raises Meta Price Target to $1,000 on Muse Enthusiasm
Earnings15 days ago
Analyst Ken Gawrelski of Wells Fargo maintained an Overweight rating for Meta shares, viewing market excitement over the Muse product cycle as justified. The bank increased the firm's price target for the stock to $1,000 from $796, though it notes that commentary during the company's Q3 call will provide caution for those expecting financial gains from Muse in 2027.
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