(META) stock has fallen 0.6% over the past week, slipped 4.9% in the past month, and is down 2.5% over the last 12 months. Wall Street’s analysts are strongly bullish, forecasting upside from a 12‑month price target of $864.62 compared with the last close of $639.30.
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Analyst Justin Post (BofA) reiterated Meta Platforms to Buy on February 24, 2026, with a price target of $885, implying notable upside from the current price. This N‑star analyst ranks 162 out of 12,078 on TipRanks, with a 62.70% success rate and an impressive 21.30% average return per rating.
Post highlights Meta’s newly announced multi‑year AI infrastructure partnership with Advanced Micro Devices as a key growth driver. The deal targets up to 6 GW of AMD Instinct GPU capacity starting in the second half of 2026, with potential spending in the tens of billions of dollars.
As part of the agreement, AMD granted Meta a performance‑based warrant for up to 160 million AMD shares, vesting in stages as GPU shipment and stock‑price milestones are hit. Post sees positives in supplier diversification, lower long‑term compute costs, warrant‑driven economic upside, and locked‑in supply that can fuel expansion into AI subscriptions, enterprise products, or developer ecosystems.
The analyst also flags risks, including structurally higher capital intensity through roughly 2026‑2029, tech transition risk if future AI chips leapfrog current designs, and possible margin pressure in a downturn given Meta’s ad‑heavy revenue base. Still, with expectations that Meta will also ramp its own MTIA chips to further cut compute costs, Post reiterates a Buy rating and remains aligned with the StrongBuy Street consensus. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.