Maintaining Buy on Meta: Near-Term Earnings Upside and Undervalued Long-Term AI Opportunity

Analyst Justin Post of Bank of America Securities maintained a Buy rating on Meta Platforms, retaining the price target of $810.00.

Justin Post has given his Buy rating due to a combination of factors tied to Meta’s near-term performance and longer-term AI opportunity. He anticipates Meta will exceed consensus expectations for both revenue and earnings in 4Q, supported by a healthy macro backdrop, solid engagement trends, and improving ad performance from AI-driven targeting. He also sees encouraging signs of cost control going into year-end, which could help offset investor anxiety around a sizable 2026 expense and capex ramp tied to infrastructure and AI investments.

Post argues that, even after the stock’s strong run, valuation remains attractive relative to both Meta’s own history and the broader market, particularly when adjusting for the drag from Reality Labs and early-stage frontier AI spending. He believes a 2026 expense outlook roughly in line with his forecasts could ease concerns and allow investors to refocus on the earnings power of new AI products, including business-focused tools and agent-based services. With potential for sentiment and the valuation multiple to improve as Meta executes on its AI roadmap, he maintains a Buy rating and a price objective that implies further upside from current levels.

In another report released today, Rosenblatt Securities also maintained a Buy rating on the stock with a $1,117.00 price target.

Based on the recent corporate insider activity of 252 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of META in relation to earlier this year.