Analysts Raise Meta Price Targets Following Strong AI Traction and Advertising Growth

Wall Street analysts have raised price targets on Meta Platforms Inc., citing advertising strength and artificial intelligence momentum. Guggenheim lifted its target to $850 from $700 while maintaining a Buy rating, noting Meta's Muse AI agent reached 1.3 million daily active users within five weeks. The firm also projected 25% third-quarter core advertising growth and lifted its 2027 capital expenditure estimate to $225 billion. The moves follow target hikes by UBS to $884 from $715 and Pivotal Research to $930 from $790, driven by AI infrastructure gains and core monetization.