Meta Platforms, Inc. (META) a Strong Buy, Wall Street Sees 27% Upside

Meta Platforms, Inc. (NASDAQ:META) is among the 15 Best Big Name Stocks to Buy. On April 23, Guggenheim analyst Michael Morris maintained a Buy rating on the stock with a price target of $850.

Meta Platforms, Inc. (META) a Strong Buy, Wall Street Sees 27% Upside

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This was a reaffirmation of the firm’s previous update in late January, when it lifted the price target by $50 to $850 and kept a Buy rating after the company beat Wall Street’s sales estimates for the fourth quarter of 2025.

Earlier on April 22, BMO Capital reiterated its cautious outlook on the tech giant, citing concerns surrounding the company’s AI strategy and its ability to monetize the heavy capital expenditure planned for 2026, said media reports. The firm has a Market Perform rating on the stock with a price target of $730.

As of the close of business on April 24, Meta Platforms, Inc. (NASDAQ:META) is a Strong Buy with an average share price upside potential of 27%.

In other news, on Thursday, the company announced to lay off roughly 10% of its workforce and stop hiring for thousands of other vacant positions it was looking to fill, in a bid to enhance efficiency and offset its spending on AI projects. The move will impact roughly 8,000 employees.

Meta Platforms, Inc. (NASDAQ:META) is one of the world’s largest technology companies. It operates several popular social media platforms, including Facebook, WhatsApp, Instagram, and Threads.

While we acknowledge the risk and potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than META and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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