Erste Group Backs Meta With Buy Rating as Analysts Set $815 Median Target
Updated
Updated · Quiver Quantitative · Aug 28
Erste Group Backs Meta With Buy Rating as Analysts Set $815 Median Target
3 articles · Updated · Quiver Quantitative · Aug 28
Summary
Erste Group issued a Buy rating on Meta, adding to a run of bullish Wall Street calls with no sell ratings cited in the past several months.
20 recent analyst price targets tracked for Meta show a median target of $815, with the high end reaching $1,015, underscoring expectations for further upside.
Meta reported $60.8 billion in Q2 2026 revenue, up 27.96% from a year earlier, supporting optimism around digital advertising and infrastructure investment.
Institutional positioning was broadly positive in the latest quarter, with 2,664 investors adding shares versus 2,284 trimming holdings, even as company insiders logged 168 sales and no purchases over six months.