Wall Street Meta targets after Muse Wonder span a Cantor cut to $840 and Wells Fargo's $1,000
Finbold reports five Wall Street analysts set Meta targets from $810 to $1,000 after the Muse Wonder AI release, with Cantor Fitzgerald cutting its target from $860 to $840.
Why it matters
Meta shares rose 3.38% on the session the model was unveiled, and the bank notes tie the equity's value to how Muse Wonder performs, which makes the targets a read on how Wall Street is pricing that rollout. No company statement and no second outlet appear in the evidence, so the re-rating has no independent confirmation here.
Where the sources disagree
Whether all five named analysts published a price target
new and universally bullish price target revisions
Finbold
target reduced from $860 to $840 with Buy retained
Finbold
Finbold counts KeyBanc's Justin Patterson among the five analysts updating the Meta outlook but reports only that he confirmed the previous Buy, with no target stated.
Key facts
Meta Platforms unveiled Muse Wonder, its latest artificial intelligence model, before the analyst revisions described by Finbold.
Reported by Finbold
Bank of America analyst Justin Post issued a positive recommendation and set a Meta target of $810, 9.02% above the $742.96 closing price.
810 USDReported by Finbold
Wells Fargo analyst Ken Gawrelski estimated Meta would rise 34.60% to $1,000 over the next 12 months.
1,000 USDReported by Finbold
Cantor Fitzgerald's Deepak Mathivanan retained his Buy rating but lowered his Meta target from $860 to $840, the only downward revision Finbold describes.
840 USDDisputed figureReported by Finbold
Evercore ISI's Mark Mahaney cited the new Muse model and issued a Buy with an $860 Meta price target.
860 USDDisputed figureReported by Finbold
KeyBanc's Justin Patterson confirmed the previous Buy recommendation on Meta without a stated price target in Finbold's report.
Reported by Finbold
Meta stock climbed 3.38% from $718.67 in the morning to $742.96 at the closing bell on October 12.
3.38 %Reported by Finbold
After those moves Meta was 14.23% higher year to date, following a nearly 37% rise from its mid-August lows.
14.23 %Reported by Finbold
What happened
Finbold reported on October 13 that five Wall Street firms revised or confirmed their Meta Platforms price targets after the company unveiled Muse Wonder, its latest AI model. Bank of America's Justin Post set a $810 target, 9.02% above the $742.96 close, Wells Fargo's Ken Gawrelski went to $1,000 for a 34.60% gain over12 months, and Evercore ISI's Mark Mahaney cited Muse Wonder when setting an $860 target. KeyBanc's Justin Patterson reaffirmed the previous Buy but the report gives no target for him, and Cantor Fitzgerald's Deepak Mathivanan kept a Buy while cutting his target from $860 to $840, which Finbold flagged as the outlier in an otherwise bullish set. Meta shares rose 3.38% on October 12, from $718.67 in the morning to $742.96 at the close, extending a nearly 37% run from mid-August lows and leaving the stock 14.23% higher year to date. Finbold is the only outlet in the desk's file on this story, so the five targets, the ratings wording and the Muse Wonder details all rest on that single account.
How the story developed
- Update
Bank of America, Wells Fargo and Cantor Fitzgerald move on Meta targets
Post set $810, Gawrelski $1,000 and Mathivanan cut from $860 to $840 while keeping his Buy.
- Update
Meta closes3.38% higher on the Muse Wonder release
The stock went from $718.67 in the morning to $742.96 at the close, nearly 37% above its mid-August lows.
- Update
KeyBanc reaffirms Buy and Evercore ISI sets $860
Patterson confirmed the prior Buy without a stated target, and Mahaney tied his $860 target to Muse Wonder.
- First report
First report by Finbold
Analysts update Meta stock price for the next 12 months
- Update
Finbold publishes its roundup of Meta analyst targets
The report is the only account of the story in the desk's file and gives no company comment.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 13 Oct 2026, 09:16 UTC: Finbold — 1 independent source, 1 reports
Affected entities
Also mentioned: JPMorgan
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Finbold Crypto media | Analysts update Meta stock price for the next 12 months | Original | |
| Finbold Crypto media | Wall Street sets Microsoft stock price target for next 12 months | Independent | |
| Finbold Crypto media | Is PayPal stock a ‘Buy’, ‘Sell’, or ‘Hold’ after crashing 81% from all-time high? | Independent | |
| Finbold Crypto media | Wall Street sets Costco stock price target for next 12 months | Independent | |
| Finbold Crypto media | Wall Street sets SMCI stock price target for next 12 months | Independent | |
| Finbold Crypto media | Morgan Stanley sets Boeing stock price target | Independent | |
| Finbold Crypto media | Uber stock poised for new all-time high in 2027, per Wall Street analysts | Independent |
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