From Financial Modeling Prep: 2024-11-25 12:05:00

Raymond James analysts reaffirmed Strong Buy rating and $675 price target on Meta Platforms (NASDAQ:META), citing promising AI and GenAI monetization prospects for 2025. Advancements in Meta’s DLRM expected to boost user engagement by mid-single to low-double-digit percentages. Meta AI projected to unlock $10B+ search and assistant market opportunity by 2026.

Raymond James takes Street-high stance on Meta’s 2025 capex, driven by investments in DLRM, Meta AI, and Llama infrastructure. Buyside already factored in elevated capex levels, mitigating concerns. Meta’s valuation seen with room for expansion as AI and GenAI monetization narrative strengthens. Upside potential from Reality Labs also identified.

Meta’s strategic positioning in AI innovation and long-term growth trajectory reinforced by analysts. Reality Labs losses expected to peak as mainstream augmented reality use cases, like smart glasses, gain traction. Overall, Meta’s strong performance in AI and GenAI monetization bodes well for future growth and market positioning.



Read more at Financial Modeling Prep:: Meta Platforms Positioned for AI-Driven Growth, Ra…