Can META Reach $1,000? What Wells Fargo, Jefferies and Bernstein Targets Say About Meta Stock

Meta stock closed at $742.96 on October 12, and one Wall Street target now sits $257 above it. Wells Fargo lifted its price target on META to $1,000 in early October, which turned a quiet analyst note into a headline and a question: can Meta stock really get there? 

The honest answer starts with the gap between targets, because a $1,000 call and a $800 call on the same company are separated by a very different view of what Muse is worth. Reading those targets side by side shows what each analyst is assuming, and which assumptions the next few weeks can test.

What Is Meta Stock Trading At, and How Far Is $1,000?

Meta stock closed at $742.96 on October 12, 2026, up 3.4% on the day, according to GuruFocus, so $1,000 is about 35% higher. That percentage is a calculation (1,000 divided by 742.96), and it would take the company's market value from roughly $1.9 trillion, the figure Motley Fool cited that day, to around $2.6 trillion if the share count stayed unchanged.

The recent path explains why the number is being discussed at all. On September 25, 24/7 Wall St reported that META opened at $754.78, up 37.35% over the previous month and at a 52-week high of $758.54 at that point, calling it the stock's best month in 13 years. By October 12, GuruFocus listed a 52-week range of $520.26 to $779.82, which suggests the shares touched a higher peak after September 25, although none of the sources reviewed here gives the date. The stock therefore sits about 5% below that listed high and about 43% above the low of the range. That is a strong run, and it is the backdrop against which a $1,000 target looks either bold or like a continuation.

What Do the Wells Fargo, Jefferies and Bernstein Targets Say About META?

The three targets show a wide spread, from $800 at Bernstein to $875 at Jefferies to $1,000 at Wells Fargo, and the timing of each change matters as much as the number. Wells Fargo raised its target from $796 to $1,000 on October 6 and kept an Overweight rating, according to a report citing CNBC. Analyst Ken Gawrelski linked the higher valuation to enthusiasm around Muse, Meta's AI agent, which the same report says launched on September 8, 2026. He also expected heavier infrastructure spending to weigh on near-term earnings, which means the $1,000 call accepts a cost in exchange for a larger payoff later.

Jefferies raised its target from $710 to $875 on September 22, a rise of about 23% (calculation), made during the rally. Bernstein moved the other way, cutting from $850 to $800 on July 30, about 6% lower (calculation). That cut predates the Muse launch, so it reflects a different information set, not a rejection of the recent story. The comparison is useful because it shows how much of today's optimism is new: two of the three notes were published after the AI assistant started gaining users, and the one that was not still sits above the current price.

What Is the Wall Street Consensus Price Target for Meta Stock?

The consensus target for Meta stock is about $792, which is nowhere near $1,000. Data from MarketBeat, reported on October 7, showed 57 research firms with a Moderate Buy consensus and an average one-year target of $791.86, about 9.2% above that day's price of $725.46. The breakdown was 44 Buy ratings, 10 Hold ratings and 3 Strong Buy ratings.

Measured from the October 12 close, the same average implies only about 6.6% more upside (calculation), because the stock rose after the figure was published. That is an important detail for anyone reading target articles: targets lag prices, and a consensus gathered before a rally can look stale a week later. A $1,000 call is therefore an outlier, not the middle of the distribution. It does not make the call wrong, but it does mean the market as a whole is not yet pricing in what Wells Fargo is describing. Other models vary too: GuruFocus's own fair-value estimate is $864.88, which it says implies about 14.1% undervaluation, while 24/7 Wall St's model produced a base target of $842.43 in late September. Both are proprietary models, not Wall Street consensus.

What Would Meta Stock Need to Reach $1,000?

For Meta stock to reach $1,000, either earnings must grow faster than the market expects or investors must be willing to pay a higher multiple for them, and most likely both. GuruFocus puts the trailing price-to-earnings ratio at 28.0, above its five-year median of 26.0, and the forward ratio at 22.0. If earnings stayed where they are, a $1,000 price would imply a trailing multiple near 38 and a forward multiple near 30 (calculation, 28.0 and 22.0 each multiplied by 1.346). Meta would need meaningful profit growth to make those multiples look ordinary.

That is exactly the bet inside the Wells Fargo note. Muse has to become a business, not just a popular app, and the spending to support it has to turn into revenue. The evidence so far is encouraging but incomplete: Sensor Tower estimated 73.3% first-day retention for Muse in September, yet two-week retention trailed ChatGPT, and no source reviewed here gives Muse revenue. Capital spending is also large. 24/7 Wall St cited 2026 capital expenditure guidance of $130 billion to $145 billion, and Wells Fargo itself expects that spending to pressure near-term earnings. A $1,000 price therefore requires patience as well as growth, because the cost arrives before the benefit.

What Could Support or Stop Meta Stock From Reaching $1,000?

The nearest test is the third-quarter report, which a CME Group page lists as scheduled for Wednesday, October 28, 2026, after the market close, with the call at 4:30 p.m. Eastern. That date should be checked against Meta's investor relations calendar before anyone relies on it. The same page cites consensus revenue of about $63.3 billion and earnings per share of about $6.75, against company revenue guidance of $61 billion to $64 billion, and notes that those estimates can change before the report.

Several things could help the case: a disclosed Muse usage or subscription figure, steady advertising growth, and spending that stays within guidance. Several could hurt it: capital spending above plan, slower retention after the launch excitement, and a market that has already paid for good news. GuruFocus also reported that insiders sold about $260.3 million of shares over the past twelve months with no reported buying, a data point some investors weigh and others dismiss as routine compensation selling. A price target is a view on a future quarter, so the practical way to follow this question is to watch the October 28 numbers, the retention data that follows, and whether analysts keep raising their estimates or begin to revise them down.

How Can Traders Follow Meta Stock Price Moves on WEEX Spot and Futures?

Traders who want price exposure to Meta stock on WEEX can look at Spot and Futures, and the two behave very differently. Both track a price. Neither gives ownership of Meta shares, voting rights or dividends, and pair availability and leverage limits are shown on the WEEX trading page and can change, so they should be checked there before ordering.

Spot is the more straightforward way to follow a longer story such as the $1,000 debate. A spot position is funded by the trader's own capital, carries no leverage and has no liquidation price, so the most that can be lost is the amount invested. Futures suit shorter-term views. A futures contract allows leverage, which enlarges gains and losses alike, and a position can be liquidated if the price moves far enough against it. Funding fees may apply while it stays open. Around an event like the October 28 report, price gaps can be large, and a leveraged position can lose its margin quickly if the move goes the wrong way.

Position size, a stop level and a clear maximum loss are worth deciding before the trade, not during it. WEEX also publishes a 1,000 BTC protection fund at weex.com/protectfund. A protection fund is a platform safeguard, and it does not remove trading risk or guarantee against losses.

Conclusion

Meta stock reaching $1,000 is possible only if a long list of things goes right, and the three analyst targets show how differently professionals weigh that list. Wells Fargo is paying for Muse's potential, Jefferies is following the rally, and Bernstein's lower target predates it, while the average of 57 firms stays near $792. The next real evidence is the October 28 report and the retention data that follows. Until then, $1,000 is a forecast and not a fact, and readers should check current prices and targets before relying on any figure here.

FAQ

1. Can META reach $1,000?
Meta stock can reach $1,000 only if earnings and investor confidence both rise substantially. From $742.96 it would need about 35% upside, and the Wall Street average target is near $792.

2. What is the Wells Fargo price target for Meta stock?
Wells Fargo raised its Meta stock target from $796 to $1,000 on October 6, 2026 and kept an Overweight rating, according to a report citing CNBC.

3. What do Jefferies and Bernstein expect for META?
Jefferies raised its META target from $710 to $875 on September 22, while Bernstein cut its target from $850 to $800 on July 30.

4. What is the average analyst target for Meta stock?
MarketBeat data reported on October 7 showed a Moderate Buy consensus from 57 firms and an average one-year target of $791.86 for Meta stock.

5. When does Meta report earnings?
A CME Group page lists Meta's third-quarter report for October 28, 2026 after the close. Readers should confirm the date with Meta's investor relations calendar.