Key Highlights
- The firm names META as its top large-cap pick for 2026, maintaining its Overweight rating on the tech giant.
- Analyst Thomas Champion highlighted robust channel checks for Meta, pointing to first-quarter revenue guidance of up to $53 billion at the high end, which implies about 25% year-over-year growth.
- On the same day, Wells Fargo reiterated META as “Overweight” and lowered its price target to $795 per share from $802.
- “Expect 4Q earnings and ’26 outlook to solidify confidence in $31-$32 EPS for 2026.
- Street CapEx likely moves higher, again.” Analysts on Wall Street currently have a consensus Buy rating on the stock.
