Bank of America Reiterates Its ‘Buy’ rating on Meta Platforms, Inc. (META)

With significant hedge fund interest, Meta Platforms, Inc. (NASDAQ:META) secures a spot on our list of the 13 Best Virtual Reality Stocks to Buy Right Now.

Bank of America Reiterates Its ‘Buy’ rating on Meta Platforms, Inc. (META)

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On September 18, 2025, Bank of America reiterated its ‘Buy’ rating on Meta Platforms, Inc. (NASDAQ:META). This bullish stance is reiterated at a time when the company recently unveiled new AR glasses at its Meta Connect event. The launch included $800 Ray-Ban Display glasses with built-in display technology and a Neural Band for gesture control, alongside more affordable Ray-Ban Gen 2 glasses and Oakley Meta Vanguard models.

The investment firm sees AR glasses as a key growth driver, particularly within the AI era. Furthermore, the analyst noted adoption challenges at higher price points. At the same time, Meta Platforms, Inc. (NASDAQ:META) declared a quarterly cash dividend of $0.525 per share payable September 29, while also expanding its Reels trending ads program to all advertisers through the holiday season.

With its Family of Apps segment, Meta Platforms, Inc. (NASDAQ:META) develops social networking products, and with its Reality Labs segment, the company builds VR, AR, and mixed-reality hardware and software. It is one of the Best Virtual Reality Stocks To Buy.

While we acknowledge the potential of META to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than META and that has 100x upside potential, check out our report about this cheapest AI stock.

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