Wall Street analysts remain bullish on Meta Platforms (NASDAQ: META), with the average 12-month price target implying more than 40% upside from current levels.
According to TipRanks data, based on ratings from 37 analysts, the average Meta stock price target is $815.82. Based on Meta’s press time price of $577.22, the consensus target suggests potential upside of 41.34% over the next year.
Of the 37 analysts tracked, 31 rate the stock a ‘Buy’ and six recommend ‘Hold’, giving Meta an overall ‘Strong Buy’ consensus. Price targets range from a low of $622.25 to a high of $1,015.
Analysts breakdown on Meta stock
Among the analysts, on June 17, Evercore ISI reaffirmed its ‘Outperform’ rating and $930 price target following Meta’s rollout of paid subscription plans across Facebook, Instagram, WhatsApp, and Meta AI. The firm views the initiative as a long-term revenue diversification strategy that could develop into a meaningful high-margin business, although it expects only a limited impact on near-term revenue growth.
Two days earlier, Bank of America maintained its ‘Buy’ rating and $835 price target, citing Meta’s expanding artificial intelligence strategy as a key long-term growth driver. Analyst Justin Post said AI investments are improving ad targeting, content recommendations, user engagement, and advertising revenue, while creating future monetization opportunities through subscriptions, enterprise products, and AI-powered business agents.
Meanwhile, on 9 June, Truist analyst Youssef Squali also reiterated a ‘Buy’ rating with an $840 price target, highlighting Meta’s growing subscription business. He expects Meta’s paid offerings across Facebook, Instagram, WhatsApp, and Meta AI to help diversify revenue and projects the company could exceed 360 million paid subscriptions by 2030, generating more than $20 billion in high-margin annual revenue.
Lastly, in early June, Morgan Stanley analyst Brian Nowak maintained a $775 price target and named Meta a top mega-cap pick. He argued that investors are underestimating the long-term benefits of the company’s AI investments, which he believes will strengthen Meta’s competitive position, boost earnings, and unlock new revenue opportunities through AI-powered search and subscription products.
