Zuckerberg’s AI ‘Prometheus’ Sparks Wall Street Optimism — Meta Target Raised to $775

Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Gaining Attention on Wall Street. On July 15, BofA Securities analyst Justin Post raised the price target on the stock to $775.00 (from $765.00) while maintaining a “Buy” rating.

The rating adjustment follows CEO Mark Zuckerberg’s announcement on Threads that Meta is constructing several massive data centers to power its artificial intelligence efforts.

“We’re calling the first one Prometheus and it’s coming online in ’26. We’re building multiple more titan clusters as well.”

-Zuckerberg wrote Monday.

Besides Prometheus, a larger project named Hyperion is expected to deliver 2GW of compute capacity by 2030, with plans to scale up to 5GW overtime.

“We’re going to invest hundreds of billions of dollars into compute to build superintelligence. We have the capital from our business to do this.”

The firm believes these comments reflect confidence in Meta’s revenue trajectory and also that the level of investments highlighted reflects increased costs and spending ahead.

A group of engineers in a data center, ensuring IT resiliency.

Moreover, Meta’s focus on AI-driven advertising is expected to boost its position in the online ad market. AI advancements such as spend automation and personalized targeting are likely to benefit Meta further, leading to increased revenue and market share. Even though regulatory pressures and higher expenses exist, the overall outlook on Meta is positive and supports a higher valuation.

“Meta is our 2025 top online ad stock as best-positioned company to benefit from AI-driven advertising share gains and upside.”

READ NEXT: 10 Trending AI Stocks on Wall Street and 10 Must-Watch AI Stocks on Wall Street.

Disclosure: None.