Meta launches Muse Wonder models and Wells Fargo targets Meta Platforms stock at USD 1,000.00

Published on 10/15/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Meta's second-quarter revenue reached USD 60.80 billion, up 28.00 percent. Meta Platforms stock costs EUR 648.35 on October 15, 2026 before its October 21 results.

AI launch and earnings test

Wells Fargo lifted its Meta target to USD 1,000.00 from USD 796.00 on October 6, 2026.
Meta generated USD 60.80 billion in second-quarter 2026 revenue, up 28.00 percent year over year.
Meta Platforms stock trades at EUR 648.35 at 10:00 a.m. CEST at Lang & Schwarz on October 15, 2026.

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Meta Platforms stock was trading at EUR 648.35 at Lang & Schwarz on October 15, 2026, at 10:00 a.m. CEST. Meta had launched two new artificial intelligence models and was preparing to report third-quarter results on October 21, 2026.

According to Reuters on October 12, 2026, Meta launched Muse Wonder and Muse Wonder Full as it sought to compete more forcefully with OpenAI and Anthropic. The company said Muse Wonder would power its personal AI agent for subscribers, while Muse Wonder Full would be available through its coding tool.

Muse Wonder enters the AI race

The chronology shows how the stock story has shifted toward artificial intelligence spending and monetization. On July 29, 2026, Meta reported USD 60.80 billion in second-quarter revenue, up 28.00 percent from a year earlier. On October 6, 2026, Wells Fargo raised its price target to USD 1,000.00 from USD 796.00. On October 12, 2026, Meta launched two Muse Wonder models.

What does the launch mean for revenue?

Meta's second-quarter advertising revenue reached USD 59.36 billion, while ad impressions increased 14.00 percent and the average price per ad rose 12.00 percent, according to Yahoo Finance. Those figures show that advertising remains the financial engine while Muse is still being positioned as a subscription and productivity opportunity. The same report said third-quarter revenue guidance was USD 61.00 billion to USD 64.00 billion.

Dates frame the next test

Meta scheduled its third-quarter 2026 results for October 21, 2026, after the US market close, followed by a conference call at 4:30 p.m. ET. That release will provide the next reported test of advertising growth, operating costs and the commercial contribution expected from Meta's artificial intelligence products.

Stock valuation and the next catalyst

Meta's US-listed shares had a market capitalization of USD 1.9 trillion as of October 14, 2026, with a 52-week range of USD 520.26 to USD 779.82. The current euro quotation puts the investor focus on the October 21 results, while Wells Fargo's target reflects a separate USD valuation view.

Meta Platforms was trading at EUR 648.35 at Lang & Schwarz on October 15, 2026, at 10:00 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Meta Platforms stock.