Will Meta Stock Hit $800 This Year?

Meta trades at $635.26 and has a 12-month price target of $861.97, implying 35.69% upside and a buy recommendation with high confidence. Q1 2026 results were strong, with revenue growth of 33.1% year over year, EPS of $10.44 beating expectations by 56.79%, and ad pricing up 12% alongside 19% impression growth. Capex guidance was raised to $125–145 billion, and Meta Superintelligence Labs is shipping models. Risks include higher full-year 2026 expenses of $162–169 billion, continued losses in Reality Labs, and litigation impacts, plus normalization of tax rates after a large tax benefit in Q1.

"Meta currently trades at $635.26. Our 24/7 Wall St. price target for Meta is $861.97, implying 35.69% upside over the next 12 months. Our recommendation is buy, with a high 90% confidence reading. So yes, $800 is achievable inside the projection window, though our model points beyond it."

"Q1 2026, filed April 29, 2026, was a blowout: revenue of $56.31 billion grew 33.1% YoY, EPS of $10.44 beat by 56.79%, and ad pricing climbed 12% alongside 19% impression growth. Reddit chatter has turned bearish on layoffs and the cost of the AI buildout, with composite sentiment falling to 37.35, a -18.41 point swing in a week."

"Bulls have a clear playbook. Meta Superintelligence Labs is shipping models, capex guidance was raised to $125-145 billion, and Ray-Ban Meta dominates the AI glasses category. 47 Buy and 9 Strong Buy ratings sit against zero sells. Insider activity skews net buying across 220 recent transactions."

"The risks are not subtle. Full-year 2026 expenses guide to $162-169 billion, Reality Labs lost $4.03 billion last quarter, and youth-litigation trials hit court in 2026. The Q1 beat was flattered by an $8.03 billion tax benefit worth $3.13 per share, with tax rates normalizing to 13-16% the rest of the year."

Read at 24/7 Wall St.