Key Takeaways
- AI Re-Rating: Meta Platforms stock jumped 11% to $741 on Monday, September 21, after Wells Fargo raised its price target to $796 from $640 on record Muse AI adoption.
- Street Positioning: TIKR tracks 63 analysts on Meta stock: 47 buys, 9 outperforms, 6 holds, and 1 no opinion, with a $758 mean target just 2% above Monday’s close.
- Model Upside: TIKR’s valuation model prices Meta stock at $1,241 by 2030, a 67% total return.
- Gap Closes: Meta stock traded near $563 as of June 30 with the mean target at $827, a 47% gap that closed almost entirely as shares rallied 32% into September.
Why Meta Stock Jumped 11% on Wells Fargo’s Bullish Muse Call
Meta Platforms (META) stock jumped 11% to close at $741 on Monday, September 21, after Wells Fargo analyst Ken Gawrelski raised his price target on the stock to $796 from $640, pointing to early traction for Meta’s new Muse AI assistant. The move pulled Meta stock back toward levels it last traded at more than a year ago.
Gawrelski wrote that Meta’s recent AI product launches are finally giving the company a stronger story to support its AI strategy. His note leaned on SensorTower data showing Muse hit a record 264,000 US downloads on September 19 and 448,000 daily active users the day before, numbers he framed as early proof that Meta’s AI spending is starting to show up in adoption rather than just capital expenditure.
Muse launched as Meta’s personal AI agent, built to complete tasks such as shopping and scheduling rather than only answer questions, and it comes in a free tier alongside paid plans priced at $20 and $100 a month. Wells Fargo’s new $796 target represented a 20% premium to Meta stock’s prior close and arrived two days ahead of Meta Connect, the company’s annual AI showcase scheduled for September 23, where Wells Fargo expects new Muse functionality and detail on the Muse Spark models.
The upgrade landed on a day when the broader market was already leaning into AI names: Meta stock led Communication Services higher as the S&P 500 climbed 1%, and crude prices sliding to an 11-day low freed up risk appetite across growth sectors. But Meta stock’s 11% pop still stood out.
The stock rose even though Facebook and Instagram had suffered a brief US outage just a day earlier, evidence that a specific catalyst, not a broad recovery in platform sentiment, drove Monday’s rally. Wells Fargo wasn’t alone either: 57 of the 64 brokerages tracked by LSEG rate Meta stock a buy or higher, with a median target of $750, a sign of how much of the sell side had already positioned bullishly heading into Connect.
Monday’s move compresses the runway between now and Wednesday. If Meta Connect delivers the Muse updates Wells Fargo is pricing in, the jump holds. If it doesn’t, Meta stock has already spent the good news.
Dig into what Muse’s early traction means for Meta stock’s growth story on TIKR for free →
Meta Stock’s Street Targets Finally Catch Up With the Rally
TIKR tracks 63 analysts on Meta stock as of September 21: 47 buys, 9 outperforms, 6 holds, and 1 no opinion, with zero underperform or sell ratings. The mean target sits at $758, just 2% above Monday’s closing price of $741, the tightest that gap has been across the last six quarters TIKR has tracked.
That tightness is new. Meta stock fell from $738 at the end of June 2025 to $563 by June 30, 2026, a 24% slide. Analysts kept raising their mean target through most of that stretch instead, from $728 to as high as $867 in September 2025 before easing to $827 by mid-2026.
Coverage thinned slightly too, from 62 analysts providing price targets in mid-2025 to 56 now, but not one analyst moved to a sell rating even as the stock fell. Analysts spent a year refusing to chase Meta stock lower, and Monday’s 11% jump is the stock finally chasing the targets instead.
TIKR Values Meta Stock at $1,241, Well Above the Street
TIKR’s mid-case model values Meta Platforms at $1,241 by December 2030, implying 67% total return from the current price of $741, or 13% annualized over 4.3 years.
A 13% annualized return over four years is a rich number for a company already generating tens of billions in free cash flow, the kind of return investors usually expect from a smaller, faster grower rather than a trillion-dollar platform business.
TIKR’s model treats Monday’s Muse-driven re-rating as the start of a re-acceleration, not a one-day pop, which is why the target sits well above even Wells Fargo’s now-raised $796 mark. The Street’s mean target already caught up to Monday’s price; TIKR’s model is betting the business catches up to the Street next.
Track whether Meta stock can close the gap to TIKR’s $1,241 target on TIKR for free →
Should You Invest in Meta Platforms, Inc.?
The only way to really know is to look at the numbers yourself. TIKR gives you free access to the same institutional-quality financial data that professional analysts use to answer exactly that question.
Pull up Meta Platforms, Inc. stock and you’ll see years of historical financials, what Wall Street analysts expect for revenue and earnings in the quarters ahead, how valuation multiples have moved over time, and whether price targets are trending up or down.
You can build a free watchlist to track Meta Platforms, Inc. alongside every other stock on your radar. No credit card required. Just the data you need to decide for yourself.
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
