As Meta Platforms, Inc. (NASDAQ: META) stock rallied by more than 21%, over the past 27 days through September 14, 2026, driven by the resolution of major social media litigation alongside the commercial rollout of its new autonomous Artificial Intelligence (AI) platform Muse, Eric Sheridan, a Wall Street analyst at Goldman Sachs Group Inc. (NYSE: GS), expects further gains over the next 12 months.
Sheridan reiterated a ‘Buy’ rating for Meta stock, according to a note sent to clients on September 13. He also maintained the bank’s 12-month price target for META at $725.
With META price hovering at $663.80 at the time of reporting, this analyst signals a potential 9.22% increase, over the next 12 months. Sheridan’s bullish thesis for Meta stock is based on the company’s robust fundamentals including its recent launch of Muse AI.
“Goldman reiterates Buy with increased conviction, citing Muse, distribution advantages, and a clearer catalyst path,” the note highlighted.
This target is heavily bolstered by early strategic monetization of the Muse AI platform, featuring paid subscription tiers of $20/month for Power and $100/month for Maximum access.
The analyst argued that the underlying valuation model leverages high user engagement, structured around a free subscription tier capped at 100 million weekly tokens to rapidly scale adoption across Meta’s broad user base.
Is Meta a good stock to buy?
At the time of publication, 44 Wall Street analysts surveyed by TipRanks, over the past 3 months, have set an average 12-month price target of $758.03.
The highest META stock forecast for the next 12 months is 1,000, while the lowest is at $580.
Price performance
Following META’s recent rally since mid August, it has neared a major supply wall near $675. This resistance level has caused several rejections YTD, leading to multi-month consolidation.
As such, this tech giant has a market capitalization of around $1.7 trillion. However, Wall Street analysts believe META’s price could rally beyond this YTD’s resistance level over the next 12 months.
Featured image via Shutterstock
