Meta Platforms stock: Citigroup lifts target for Meta Platforms stock from USD 800.00 to USD 895.00
Published on 10/19/2026 at 15:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings
- On October 15, Citigroup raised its Meta Platforms target to USD 895.00, 26.80 percent above the Nasdaq price.
- Meta Platforms reported USD 60.80 billion in second-quarter revenue, up 28.00 percent year over year.
- Meta Platforms stock costs EUR 628.00 at Lang & Schwarz on October 19, 2026 at 3:30 p.m. CEST, minus 1.98 percent versus the Xetra close of October 16, 2026.
- Meta Platforms is scheduled to report third-quarter results on October 21, 2026.
Citigroup lifted its Meta Platforms target from USD 800.00 to USD 895.00 on October 15, 2026, according to MarketBeat. Against the Nasdaq price of USD 705.83 on October 19, 2026, the target stands 26.80 percent higher. Meta Platforms was trading at EUR 628.00 at Lang & Schwarz on October 19, 2026 at 3:30 p.m. CEST, minus 1.98 percent versus the Xetra close of October 16, 2026 at EUR 640.70.
Revenue reached USD 60.80 billion
Meta Platforms reported USD 60.80 billion in revenue for the second quarter of 2026, an increase of 28.00 percent from the same quarter a year earlier, according to MarketBeat. Diluted earnings per share were USD 6.18, below the USD 7.19 consensus estimate. The figures put advertising growth beside a clear earnings-execution question ahead of the next report.
Nasdaq price sits 9.49 percent below high
On the Nasdaq, Meta Platforms last traded at USD 705.83 on October 19, 2026 at 9:32 a.m. ET, down 0.49 percent from the prior close. The USD 520.26 to USD 779.82 52-week range places the price 9.49 percent below the high. The primary-market volume was 912,621 shares against an average of 18,746,782 shares at that timestamp. In Germany, the Lang & Schwarz bid was EUR 627.40 and the ask was EUR 628.60.
Valuation and October 21 results
Meta Platforms had a market capitalization of USD 1.8 trillion and a price-to-earnings ratio of 26.73 on October 19, 2026. Morningstar reported that Meta Platforms is scheduled to release third-quarter 2026 results after the market close on October 21, 2026. The date matters because the company enters the report with revenue growth of 28.00 percent but earnings per share below consensus in the second quarter.
Comparison with peers
Meta Platforms: minus 1.98 percent, P/E 26.73, market capitalization USD 1.8 trillion
Alphabet (NASDAQ, USD): plus 1.19 percent, P/E 17.13, market capitalization USD 4.2 trillion
Snap (NYSE, USD): minus 0.49 percent, P/E minus 32.60, market capitalization USD 10.3 billion
Trading stays below the Xetra close
The euro quotation is below the Xetra close of October 16, 2026, while the Nasdaq price remains below its 52-week high. The October 21 results will provide the next dated operating checkpoint.
Meta Platforms was trading at EUR 628.00 at Lang & Schwarz on October 19, 2026 at 3:30 p.m. CEST, minus 1.98 percent versus the Xetra close of October 16, 2026 at EUR 640.70. The further course of trading is shown by the continuously updated real-time quote of Meta Platforms stock.
Meta Platforms market data
- Company: Meta Platforms, Inc.
- ISIN: US30303M1027
- Ticker: META
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 19, 2026, 3:30 p.m. CEST: EUR 628.00
- Change versus Xetra close: minus 1.98 percent
- Xetra close October 16, 2026: EUR 640.70
- Market capitalization: USD 1.8 trillion as of October 19, 2026
- 52-week range: USD 520.26-USD 779.82 as of October 19, 2026
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: S&P 500
- Next earnings date: October 21, 2026
Market context: Market report S&P 500.
