Should You Buy Meta Platforms Inc. (META)’s Shares?

Meta Platforms Inc. (NASDAQ:META) is one of the 10 Best Stocks to Buy According to Billionaire Jeffrey Talpins.

Social media giant Meta Platforms Inc. (NASDAQ:META)’s shares are among the weakest performers in its mega cap peers. They are down by 18.8% over the past year and by 10% year-to-date. Piper Sandler discussed the firm on June 25th as it reiterated an $800 share price target and an Overweight rating on the shares. The financial firm remarked that Meta Platforms Inc. (NASDAQ:META) might be able to benefit from the untapped potential of agentic artificial intelligence and business agents. Piper Sandler’s discussion focused on the social media and software firm’s Business Agent platform, which is an AI powered agent available on the firm’s social media and connectivity platforms.

Should You Buy Meta Platforms Inc. (META)’s Shares?

Photo by Timothy Hales Bennett on Unsplash

On July 3rd, Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg made important remarks about agentic AI. The executive, according to recordings quoted by Reuters, remarked that the “trajectory of the agentic development over at least the last four months hasn’t really accelerated in the way that we expected.” Zuckberg also shared that the timing of Meta Platforms Inc. (NASDAQ:META)’s latest layoffs appeared to be suboptimal.

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 the cheapest AI stock.

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