Analyst Brian Nowak of Morgan Stanley maintained a Buy rating on Meta Platforms, boosting the price target to $850.00.
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Brian Nowak has given his Buy rating due to a combination of factors including Meta Platforms’ impressive advancements in GPU-enabled algorithms, which have significantly enhanced user engagement and monetization beyond expectations. These improvements have led to an increase in revenue and earnings per share estimates for 2025 and 2026, with EPS expected to rise by 5% and 9% respectively.
Furthermore, Meta’s strategic investments in both core and long-term projects are anticipated to be self-sustaining, driving higher profitability while also opening up numerous opportunities for future growth. The potential for advancements in areas such as content creation tools, Meta AI, and superintelligence further supports the positive outlook. Consequently, the price target has been raised to $850, reflecting a 9% upside, with a bull case scenario suggesting a potential increase to $1,100, indicating a 41% upside.
Nowak covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and DoorDash. According to TipRanks, Nowak has an average return of 6.9% and a 61.13% success rate on recommended stocks.
In another report released today, UBS also maintained a Buy rating on the stock with a $897.00 price target.