Social media giant Meta Platforms (META) is scheduled to announce its fourth-quarter results on January 28. Ahead of the Q4 earnings, top Jefferies analyst Brent Thill reiterated a Buy rating on META stock with a price target of $910. The stock rose 6% on Thursday, as Jefferies called META a Top Pick, saying that the 18% pullback since the company’s Q3 earnings report presents an attractive buying opportunity. The stock also benefited from a rally in the broader market.
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Meanwhile, Wall Street expects Meta Platforms to report earnings per share (EPS) of $8.19, reflecting a 2.1% year-over-year growth. Revenue is estimated to rise about 20.6% to $58.35 billion.
Jefferies Analyst Is Bullish on META Stock
Thill believes that following the decline in Meta Platforms’ shares since Q3 2025 earnings, the stock trades at an attractive valuation. The 5-star analyst contended that while the decline reflects worries related to margin woes, high capital spending, and artificial intelligence (AI) execution, it presents a significant upside if META addresses these challenges, which he believes is possible.
Notably, Thill listed five reasons for his optimism:
- The analyst highlighted that following the selloff since Q3 earnings, META shares are trading at a lucrative risk-reward: an “8-turn PE discount” compared to Alphabet (GOOGL).
- Thill sees limited downside to estimates from current levels, but stronger upside, thanks to strength in revenue and the expectations of the company’s efficiency gains offsetting higher operating expenses.
- The top-rated analyst is also upbeat about Meta Platforms’ “all-star AI hires” and expects them to deliver results this year.
- Thill expects AI to continue to drive META’s core advertising flywheel in 2026.
- Optimism about new growth engines, with Thill expecting WhatsApp to grow from about $9 billion currently to $36 billion by Fiscal 2029. He also sees additional upside from Threads and Llama/AI.
Is META a Good Stock to Buy Now?
Ahead of Q4 earnings, Wall Street has a Strong Buy consensus rating on Meta Platforms stock based on 37 Buys, six Holds, and one Sell recommendation. The average META stock price target of $823.66 indicates 27.2% upside potential.
