Meta (META) Stays Overweight at Piper Sandler Ahead of Q1 Results

Meta Platforms, Inc. (NASDAQ:META) is one of the Hot AI Stocks to Keep on Your Radar. On January 12, Piper Sandler analyst Thomas Champion weighed in on the internet stocks ahead of 1Q results. The firm names META as its top large-cap pick for 2026, maintaining its Overweight rating on the tech giant.

Analyst Thomas Champion highlighted robust channel checks for Meta, pointing to first-quarter revenue guidance of up to $53 billion at the high end, which implies about 25% year-over-year growth.

On the same day, Wells Fargo reiterated META as “Overweight” and lowered its price target to $795 per share from $802.

“Expect 4Q earnings and ’26 outlook to solidify confidence in $31-$32 EPS for 2026. Street CapEx likely moves higher, again.”

Analysts on Wall Street currently have a consensus Buy rating on the stock. The average price target of $825 implies a 32.76% upside, however, the Street-high target of $1,117 implies an upside of 79.75%.

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