Where is Meta Platforms (META) Headed According to the Street?

Meta Platforms, Inc. (NASDAQ:META) is one of the best stocks to buy in 2026 for beginners. On January 14, Wedbush reiterated a Buy rating on Meta Platforms, Inc. (NASDAQ:META) and set a price target of $880.

In a separate development, Reuters reported on January 12 that Meta Platforms, Inc. (NASDAQ:META) announced its “Meta Compute” initiative, aimed at building AI infrastructure and overseeing the company’s global fleet of data centers and supplier partnerships with the ultimate goal of superintelligence. Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg stated on Monday that the company’s head of global infrastructure Santosh Janardhan and Daniel Gross would co-lead the new initiative and would collaborate closely with the recently appointed President and Vice Chairman, Dina Powell McCormick.

Zuckerberg stated in a post on Threads that Meta Platforms, Inc. (NASDAQ:META) plans to build “tens of gigawatts this decade, and hundreds of gigawatts or more over time” in a pursuit to build data centers that support the ambitious frontier AI and personal superintelligence projects.

Meta Platforms, Inc. (NASDAQ:META) builds technological products that allow people to share, connect, grow businesses, and find communities. These products help people connect through personal computers, mobile devices, virtual reality (VR), mixed reality (MR) headsets, and wearables.

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.