Goldman Sachs Tech Stocks: Top 5 Stocks to Buy Now

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

Number of Hedge Fund Holders: 262

Meta Platforms, Inc. (NASDAQ:META) is one of the widely held tech stocks by Goldman Sachs with a total holding value of nearly $10.71 billion, making it to our list of the top Goldman Sachs tech stocks to buy now.

Meta Platforms is down nearly 9% year-to-date, largely due to its staggering AI spending. During the first quarter of 2026, the company posted $10.44 in adjusted earnings per share, well ahead of the expected $8.15 per share mark. However, the increasing AI Capex has investors on the back foot. Meta is trying to focus on its AI policy, and with the latest development of the subscription model, it marks a new era for the social media giant.

On May 28, Rosenblatt, while reiterating its Buy rating on Meta with a price target at $1,015, shared thoughts on the firm’s latest subscription push, pointing to it to be a ‘multi-billion-dollar potential.’ Meta is rolling out a Plus subscription plan for all three of its social media apps, including Facebook, Instagram, and WhatsApp, under Meta One. As per the reports, Meta One AI plans will have a starting cost of $7.99 per month.

Meta’s main business remains rock solid. The Family of Apps revenue during Q1 was $55.9 billion out of the total $56.3 billion. The company’s operating income was around $22.9 billion, with a 41% operating margin, which is remarkable for a company with more than $200 billion in annual revenue. For Q2 2026, Meta expects its revenue to be in the range of $58 to $61 billion. While the Capex for the year remains unchanged in the range of $162-$169 billion.

On June 2, TheFly reported Arete analyst Rocco Strauss raised Meta Platforms, Inc. (NASDAQ:META) from Neutral to Buy, increasing the price target from $614 to $735. Strauss sees Meta as having a flexible cost base, the latest subscription, and internal AI progress as key indicators. Meta’s high-margin subscription model can help offset costs and increase margins amid aggressive AI data center spending.

Meta Platforms, Inc. (NASDAQ:META) develops products that allow people to share and connect with their family and friends using PCs, mobile devices, virtual reality (VR) headsets, and AI glasses. Some of its well-known apps include Facebook, Instagram, and WhatsApp. It operates in the Reality Labs (RL) and Family of Apps (FoA) segments.