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Meta stock gets a strong buy rating with a 37% upside on AI-driven growth and massive user base.

Analyst Insights
07 Jul 2026
Finbold
View Source
Bullish
pluang ai news

Truist Securities reaffirmed a 'Buy' rating on Meta Platforms with an $840 price target, suggesting a 37% upside from current levels. The bullish outlook is based on Meta's vast global user base of over 3.5 billion daily users and its growing ability to monetize AI across platforms like Instagram, WhatsApp, and Messenger. Despite heavy AI investment weighing on near-term sentiment, Meta's strong advertising growth and expected operating income increase support positive future prospects. Wall Street consensus also favors Meta, with an average 12-month price target around $818, reflecting confidence in the company's AI strategy and business execution.

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Market News
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Meta remains a Strong Buy despite legal challenges, backed by strong growth and strategic investments.

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