Meta Platforms, Inc. (NASDAQ:META) ranks among the best hot AI stocks to buy right now. Following Meta’s keynote presentation at the Annual Connect conference on September 17, Stifel reiterated its $900 price target for Meta Platforms, Inc. (NASDAQ:META) and maintained its Buy rating on the company’s shares.
The conference featured Meta’s newest range of AI glasses, which include the Oakley Meta Vanguard, the next generation of Meta Ray-Bans, and a new product dubbed Meta RayBan Display that features an interactive neural interface and an in-lens display overlay.
Despite a few issues during the live presentation, Stifel emphasized that the RayBan Display’s $799 price point was “wildly attainable” given the technology included in the product.
During the conference, Meta Platforms, Inc. also unveiled upgrades to its Horizon ecosystem, including a new Horizon Engine and agentic capabilities for Horizon Studio.
Meta Platforms, Inc. is a renowned technology company known primarily for its flagship platforms Facebook, Instagram, and WhatsApp, as well as its revolutionary advances in augmented reality (AR) and virtual reality (VR).
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This article is originally published at Insider Monkey.
