Deutsche Bank raises target for Meta Platforms stock
Published on 10/01/2026 at 15:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Meta Platforms (ISIN US30303M1027) was trading at EUR 648.35 at Lang & Schwarz on October 1, 2026 at 3:40 p.m. CEST, plus 1.23 percent versus the EUR 640.50 prior close on September 30, 2026. According to MarketBeat on September 25, 2026, Deutsche Bank raised its Meta Platforms price target from USD 750.00 to USD 820.00 and maintained a Buy rating.
Revenue beats estimates
Meta Platforms generated USD 60.80 billion in revenue in the second quarter of 2026, up 28.00 percent from the same period a year earlier. MarketBeat reported that the figure exceeded the USD 60.22 billion consensus estimate.
The earnings picture was less uniform: diluted earnings per share came to USD 6.18 in the second quarter, below the USD 7.19 consensus estimate, according to MarketBeat.
AI optimism meets spending risk
Deutsche Bank's target increase is part of a wider reassessment of Meta's artificial intelligence spending. Yahoo Finance reported that JPMorgan moved Meta to Overweight from Neutral and raised its target from USD 640.00 to USD 820.00 in a note dated September 10, 2026.
That optimism sits alongside a demanding market valuation. Meta's market capitalization was USD 1.9 trillion on October 1, 2026, while its 52-week range was USD 520.26 to USD 779.82. The contrast matters because the share price has advanced within a broad annual range while quarterly earnings per share still trailed consensus.
Meta stock remains in trading
On Nasdaq, Meta Platforms was last at USD 729.02 on October 1, 2026 at 9:55 a.m. ET. Its Nasdaq ticker is META, and the company operates in the Communication Services sector with advertising-led Family of Apps products and Reality Labs hardware and software.
At Lang & Schwarz, Meta Platforms was trading at EUR 648.35 on October 1, 2026 at 3:40 p.m. CEST, plus 1.23 percent versus the EUR 640.50 prior close on September 30, 2026. 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 1, 2026, 3:40 p.m. CEST: EUR 648.35
- Change versus prior close: plus 1.23 percent
- Prior close Lang & Schwarz September 30, 2026: EUR 640.50
- Market capitalization: USD 1.9 trillion as of October 1, 2026
- 52-week range: USD 520.26-779.82 as of October 1, 2026
- Sector / Industry: Communication Services / Internet Content and Information
