Wall Street analysts remain optimistic Meta platforms (Nasdaq: dead), with the average 12-month price target indicating an upside of more than 40% from current levels.
according to TipRanks According to the data, based on ratings from 37 analysts, the average price target for Meta stock is $815.82. Based on a Meta price at press time of $577.22, the consensus target indicates a potential upside of 41.34% over the next year.
Of the 37 analysts tracked, 31 rated the stock a “Buy” and six recommended a “Hold,” giving Meta an overall consensus of “Strong Buy.” Price targets range from a low of $622.25 to a high of $1,015.
Among analysts, on June 17, Evercore ISI reaffirmed its “outperform” rating and $930 price target after a Meta rollout for Facebook’s paid subscription plans, Instagram, WhatsAppAnd Meta AE. The company views this initiative as a long-term revenue diversification strategy that can develop into a high-margin business, although it expects only a limited impact on revenue growth in the near term.
Two days ago, Bank of America maintained a “buy” rating and price target at $835, citing an expansion of the meta. artificial intelligence Strategy as a key driver of long-term growth. Amnesty International analyst Justin Post said Investments It improves ad targeting, content recommendations, user engagement, and ad revenue, while creating future monetization opportunities through subscriptions, enterprise products, and AI-enabled business agents.
Meanwhile, on June 9, Truist analyst Yusuf Squali also reiterated a “buy” rating with a price target of $840, highlighting Meta’s growing subscription business. He expects Meta’s paid offerings across Facebook, Instagram, WhatsApp and Meta AI to help diversify revenues and ventures that could see the company exceed 360 million paid subscriptions by 2030, generating more than $20 billion in high-margin annual revenue.
Finally, in early June, Morgan Stanley analyst Brian Novak maintained his price target at $775, rating Meta a top mega pick. He said investors are underestimating the long-term benefits of the company’s investments in AI, which he believes will strengthen Meta’s competitive position, boost profits, and open new revenue opportunities through AI-enabled search and subscription products.
