Truist Raises Meta Platforms (META) PT to $900 on Strong User Engagement, Improving Monetization Ahead of Q3 Earnings

Meta Platforms Inc. (NASDAQ:META) is one of the stocks that should double in 3 years. On October 24, Truist analyst Youssef Squali lifted the price target for Meta to $900 from $880 and reaffirmed a Buy rating. The decision was made as the firm is highly optimistic about the company’s prospects heading into its Q3 2025 earnings announcement.

Squali anticipates that results will be in line with or slightly ahead of the estimated 22% year-over-year revenue growth. This forecast is built upon two core operational drivers: sustained strong user engagement and improving monetization achieved through better ranking and recommendation algorithms across the platform.

A major factor shaping the company’s current narrative is its intense focus on accelerating AI progress. During the quarter, the company committed substantial resources to this goal through partnerships and infrastructure build-out.

Meta Platforms Inc. (NASDAQ:META) develops products that enable people to connect and share with friends & family through mobile devices, personal computers, virtual reality & mixed reality headsets, augmented reality, and wearables worldwide.

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 the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.