Meta Platforms Stock Forecast: AI Bets Split Top Analysts

Meta Platforms ‘(META)’ stock has fallen 9.4% over the past week but is still up 5.6% over the last month and 7.3% over the past year. Wall Street’s analysts are firmly bullish, with a StrongBuy consensus and an average 12‑month price target of $826.66, implying meaningful upside from the last close at $611.91.

Doug Anmuth (J.P. Morgan) downgraded (META) to Hold with a lower price target of $725, implying upside but signalling caution on the AI spending cycle. He cites Meta’s powerful ad engine and 33% year‑over‑year revenue growth, yet worries that heavy AI capex and intensifying competition from Google and Amazon could pressure free cash flow and slow returns.

Justin Post (BofA), a 5‑star analyst ranked #100 out of 12,160 with a 66.13% success rate and 22.5% average return, reiterated a Buy rating and raised his price objective to $835. He argues Meta is building valuable AI assets, pointing to strong Q1 beats on revenue and earnings and early traction in Meta AI that could turn into new products in messaging, health, and shopping.

Thomas Champion (Piper Sandler) reiterated a Buy with a reduced but still bullish $800 target, saying he would be buying on recent weakness. He highlights robust ad growth, rising engagement on Instagram and Facebook video, and sees Muse Spark and business AI agents as promising, even though higher long‑term capex weighs on free cash flow.

Jason Helfstein (Oppenheimer) maintained a Hold with a $622.25 target, flagging slowing revenue growth and sharply rising AI investment costs as key risks. Deepak Mathivanan (ranked #358 with a 59.02% success rate and 16.6% average return) kept a Buy and trimmed his target to $750, stressing that core advertising remains strong and that Meta has many ways to earn attractive returns on its expanding AI‑driven capex.

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