8. Meta Platforms Inc. (NASDAQ:META)
Analyst Upside: 50.28%
Meta Platforms Inc. (NASDAQ:META) ranks among the AI stocks beyond NVIDIA that could surge in 2026. On June 23, Meta Platforms Inc. (NASDAQ:META) launched a new set of $299 smart glasses, at a minimum $80 less expensive than the company’s entry-level second-gen Meta Ray-Ban glasses. The tech giant is actively promoting its smart glasses to consumers as the eyewear market competition intensifies and consumers see increasing value in AR-based devices.
Meanwhile, Evercore ISI maintained its Outperform rating and $930 price target for Meta Platforms Inc. (NASDAQ:META) on June 17, after the company’s introduction of consumer and commercial paid subscription services spanning its Family of Apps and new Meta One AI subscription products.
Meta Platforms Inc. (NASDAQ:META) is launching consumer app-level Plus subscriptions for Facebook, Instagram, and WhatsApp, as well as consumer Meta One AI tiers that combine app-level benefits with increased Meta AI use. Evercore predicts that, with every 1% adoption among around 5.9 billion cumulative daily active users at a combined average revenue per user of $3.50, the products would produce an additional $2.5 billion in annual revenue.
Meta Platforms Inc. (NASDAQ:META) develops products that allow people to share and connect with their family and friends using PCs, mobile devices, VR headsets, and AI glasses. Some of its apps include Facebook, Instagram, and WhatsApp. It operates in the Reality Labs and Family of Apps segments.
7. Microsoft Corporation (NASDAQ:MSFT)
Analyst Upside: 59.31%
Microsoft Corporation (NASDAQ:MSFT) ranks among the AI stocks beyond NVIDIA that could surge in 2026. Following Microsoft Corporation (NASDAQ:MSFT)’s product announcements, JMP Securities reaffirmed its Market Outperform rating and $550 price target for the company’s shares on June 23. On June 16, Microsoft Corporation (NASDAQ:MSFT) stated that Copilot Cowork will be available globally and billed depending on usage.
On the same day, Stifel reaffirmed its Hold rating and $415 price target for Microsoft Corporation (NASDAQ:MSFT) after the tech giant announced a 20-year power deal with Chevron. The power agreement, known as Project Kilby, is currently in the pre-construction stage. The project will remain in that stage until a Final Investment Decision is made at year-end 2026.
The first power delivery from Project Kilby is anticipated in 2028. According to Stifel, this is the earliest schedule that is feasible, though the project might take longer based on the legal landscape and actual economic value generated.
Microsoft Corporation (NASDAQ:MSFT) is a global technology company that develops and sells a wide range of software, cloud services, devices, and business solutions, serving both individual users and enterprise customers worldwide. Its flagship products include Windows, Microsoft 365, Azure, LinkedIn, and Xbox.
