Meta Platforms Stock Trending as Analysts Stay Bullish

Meta Platforms (META) stock has risen 6.54% over the past twelve months, even as it slipped 1.93% in the last week and edged down 0.22% over the past month. Wall Street’s analysts are firmly bullish on the name, with a “StrongBuy” consensus and an average 12‑month price target of $824.90 versus a last close of $646.06. That implies meaningful upside from current levels, suggesting that recent short-term volatility has not shaken confidence in the company’s long-term story.

A key voice in that bullish camp is Justin Post of BofA, who reiterated his Buy rating on Meta Platforms (META) on January 12, 2026, setting a price objective of $810.00. With the stock then trading around $653.06, his target signaled substantial upside potential. Post is a highly ranked analyst, sitting at #45 out of 10,350 tracked experts on TipRanks, with a strong 69.38% success rate and an average return of 25.20% per rating, metrics that may give investors additional confidence in his call.

Post’s latest note focuses on Meta’s aggressive move to secure long-term energy supplies to power its next decade of AI capacity growth. The company announced long-term partnerships with three nuclear energy players—Vistra, TerraPower, and Oklo—aimed at supporting up to 6.6 GW of energy capacity by 2035. Post argues that power availability is a key constraint for data center expansion, and that locking in capacity and pricing certainty is strategically critical as AI becomes a core competitive battleground. For investors who view AI infrastructure as a key asset, these deals bolster the case that Meta is preparing early and at scale.

The arrangements span both next-generation and legacy nuclear assets. With TerraPower, Meta will fund development of two new Natrium units capable of generating up to 690 MW of firm power, with first delivery possible as early as 2032, and has rights to energy from up to six more units totaling about 2.1 GW by 2035. The Oklo partnership aims to build a new nuclear campus in Pike County, Ohio, expected online by 2030 and adding up to 1.2 GW of baseload power into the PJM market to support Meta’s regional operations. Meanwhile, the Vistra deal helps maintain and extend the life of existing nuclear plants in Ohio and Pennsylvania, with output expected to support facilities including Meta’s Prometheus supercluster in Ohio.

Post notes that Meta has not detailed the financing or capex tied to these projects, but with most capacity coming online after 2030, he expects more capitalized investment than near-term operating expense. He does not foresee a material impact on 2026 expense growth from the nuclear deals, though he emphasizes that AI-related investments across the sector remain intense and ongoing. Looking to upcoming catalysts, he highlights Meta’s 2026 expense guidance and a planned new large language model launch in 1Q/2Q as key events. While cost cuts in non-AI divisions have been reported, Post expects 2026 total expenses to grow “significantly faster” than 2025—potentially 30–45% year over year versus Street expectations of 28%—as Meta continues to prioritize AI capacity and infrastructure. Never miss a stock rating. Find all the latest ratings on TipRanks’ Top Wall Street Analysts page.