Meta Platforms, Inc. (NASDAQ:META) is highlighted as one of the 15 Best S&P 500 Stocks to Look For in 2026. TD Cowen raised the price target on META from $810 to $820, citing positive survey results on advertising. The survey predicts Meta’s Facebook and Instagram will grow digital ad share to 34% by 2030.

Additionally, Meta Platforms is in discussions with EssilorLuxottica to potentially double production capacity for Meta smart glasses. The goal is to increase annual production to 20 million units by the end of 2026 due to high demand for Ray-Ban Meta frames. Potential to increase production to over 30 million units is also being considered.

Meta Platforms operates through Reality Labs and Family of Apps segments, connecting people through social media and developing virtual reality technologies. While META shows investment potential, other AI stocks may offer greater upside with less risk. A report on the best short-term AI stock is available for those seeking undervalued opportunities.

Read more at Yahoo Finance: Meta Platforms to Double Production For Meta Glasses While TD Cowen Lifts PT From $810 to $820