Meta Platforms stock gains 4.50 percent as JPMorgan lifts target
Published on 09/25/2026 at 11:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Meta Platforms (ISIN US30303M1027) stock gained 4.50 percent to USD 777.59 on Nasdaq on September 24, 2026. Investing.com reported on September 24, 2026, that JPMorgan raised its price target from USD 820 to USD 920 after Meta Connect. The combination of a fresh AI product narrative and a close near the yearly high gives the move a clear company-specific anchor.
JPMorgan raises the AI target
JPMorgan kept its Overweight rating and cited progress with Meta's Muse product, according to Investing.com. The new USD 920 target stands 18.31 percent above the USD 777.59 closing price, calculated from the two reported levels. The revision places AI monetization at the center of the current investment debate.
Revenue grows as margins contract
Meta reported USD 60.80 billion of revenue in Q2 2026, up 28 percent year over year, according to Yahoo Finance. Revenue exceeded consensus by 0.98 percent, but diluted EPS declined 13.4 percent year over year to USD 6.18 and missed consensus by 12.96 percent. Operating income fell 8.2 percent to USD 18.78 billion, pushing the operating margin down to 31 percent from 43 percent.
Stock sits 0.29 percent below high
The USD 777.59 close was 0.29 percent below Meta's 52-week high of USD 779.82 and 49.46 percent above its low of USD 520.26. Meta's market capitalization stood at USD 1,980,900,081,966, while volume reached 34,646,511 shares on September 24, 2026.
Meta stock holds the upper range
Meta Platforms stock closed at USD 777.59 on Nasdaq on September 24, 2026, after a USD 33.49 daily gain from the USD 744.10 prior close. The next market test is whether AI-led expectations can continue to offset lower quarterly profitability.
Meta Platforms stock facts
- Company: Meta Platforms, Inc.
- ISIN: US30303M1027
- Ticker: META
- Trading venue: Nasdaq
- Price (as of September 24, 2026): Closing price USD 777.59
- Market capitalization: USD 1,980,900,081,966 (as of September 24, 2026)
- 52-week range: USD 520.26-779.82 (as of September 24, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
