Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks In The Spotlight For Investors. On October 7, Wells Fargo analyst Ken Gawrelski raised the firm’s price target on the stock to $837 from $811 and kept an Overweight rating on the shares.
The firm is raising estimates driven by continued ads strength, in turn supported by a stable economy and investments that drive impression growth and conversion improvement.
It also expects Q4 guide ahead, seeing above 20% growth crucial to ease concerns about emerging competition for engagement.
While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.
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