Meta Platforms (META) is expected to release its next large language model, Llama 4, later this month, according to The Information. The launch has already been delayed at least twice because of performance problems, especially in tasks that require reasoning and math. People familiar with the project also said Llama 4 isn’t as good as OpenAI’s models at holding voice conversations that sound human.
The most recent version of the model, Llama 3.3, was released in December 2024. Since then, other tech companies have updated their models, including Google (GOOGL), which launched Gemini 2.5 in March. Meta is also working on a new business tool called Llama X, which would let companies easily use Llama in their own software. This could help Meta make more money from its AI models.
Meta may share more updates at its upcoming LlamaCon developer event, where it’s expected to reveal more about the Llama models and other AI features. CEO Mark Zuckerberg mentioned last October that the new models are being trained using over 100,000 Nvidia H100 chips—more than what he’s seen other companies use. Interestingly, it is also worth noting that last month, Meta said its Llama models have already been downloaded over 1 billion times, which demonstrates just how important they have become for the company.
Is META Stock a Good Buy?
Turning to Wall Street, analysts have a Strong Buy consensus rating on META stock based on 44 Buys, three Holds, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average META price target of $761.49 per share implies 49.4% upside potential.
