12 AI Stocks Every Investor Should Be Watching

2. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Investors: 273

Meta Platforms, Inc. (NASDAQ:META) is one of the 12 AI Stocks Every Investor is Watching. On June 16, Oppenheimer raised the firm’s price target on the stock to $775 from $665 and kept an “Outperform” rating on the shares. The firm cited an improved advertising environment as the reason behind the price target raise.

The macro and advertising environment has been better than feared as compared to what it was about six weeks ago, which is why the firm has increased its estimates and price target.

Assuming that there are no bans, TikTok’s first-quarter performance is seen to be a potential near-term risk for Meta. Some other longer-term concerns also prevail, such as Meta falling behind on AI model development. In particular, Llama 4 was “perceived as disappointment,” as well as Meta’s following $14.3 billion investment and acquisition of Scale AI.

According to the firm, Meta’s capital expenditures are forecast at $68 billion for 2025 and $85 billion for 2026. Meanwhile, earnings per share estimates were adjusted to $25.41 for 2025 and $28.23 for 2026, reflecting a year-over-year growth of 6% and 11%.