UBS raises Meta Platforms stock target to USD 892 from USD 884
Published on 10/23/2026 at 11:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital spending tests the earnings beat
- UBS lifted its Meta target from USD 884 to USD 892 on October 22, 2026.
- Third-quarter revenue reached USD 64.60 billion, up 26 percent year over year.
- Meta Platforms stock trades at EUR 576.35 on October 23, 2026 at 11:31 a.m. CEST at Lang & Schwarz.
Meta Platforms (ISIN US30303M1027) reported third-quarter revenue of USD 64.60 billion for the period ended September 30, 2026, up 26 percent from the prior-year quarter. Morningstar carried the company release dated October 21, 2026. UBS raised its price target from USD 884 to USD 892 on October 22, 2026, according to MarketBeat.
Revenue beat meets heavy spending
The quarter delivered a clear operating trade-off. Meta reported USD 12.99 billion of operating income and a 20 percent operating margin, while net income was USD 9.86 billion and diluted earnings per share were USD 3.83. Revenue exceeded the USD 63.37 billion estimate cited by CNBC.
Meta forecast fourth-quarter revenue of USD 73 billion to USD 76 billion, with the midpoint above the USD 73.75 billion analyst estimate. The counterweight is investment intensity: the company raised its 2026 capital expenditure outlook to USD 135 billion to USD 145 billion, a scale that puts cash generation alongside advertising growth in the investor debate.
Three events reset the picture
On October 15, 2026, Citigroup raised its Meta target from USD 800 to USD 895, as reported by MarketBeat. On October 21, 2026, Meta released third-quarter revenue of USD 64.60 billion and fourth-quarter guidance of USD 73 billion to USD 76 billion. On October 22, 2026, UBS lifted its target to USD 892 from USD 884.
What does the target change mean?
The target revisions show that analysts are emphasizing Meta's 26 percent revenue growth and advertising strength, while the lower 20 percent operating margin and USD 135 billion to USD 145 billion capital expenditure outlook frame the main risk. For investors, the question is less whether demand is growing than how efficiently Meta can fund its artificial intelligence infrastructure.
Stock price and investor dates
Meta's primary listing is Nasdaq, where the stock was last quoted at USD 648.85 on October 22, 2026 at 4:00 p.m. ET. The latest German-market indication is EUR 576.35 at Lang & Schwarz on October 23, 2026 at 11:31 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Meta Platforms stock.
Meta Platforms stock facts
- Company: Meta Platforms, Inc.
- ISIN: US30303M1027
- Ticker: META
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 11:31 a.m. CEST): EUR 576.35
- Market capitalization: USD 1.7 trillion (as of October 23, 2026)
- 52-week range: USD 520.26-779.82 (as of October 23, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: S&P 500, Nasdaq 100
Market context: Market report S&P 500.
