Meta Platforms, Inc. (NASDAQ: META) is highlighted as one of the AI Stocks in Focus on Wall Street. Evercore ISI analyst Mark Mahaney reaffirmed an Outperform rating and $875 price target ahead of the fourth-quarter earnings report on January 28. Expectations include a modest earnings beat and in-line guidance. Street estimates project $58.3 billion in Q4 revenue, reflecting a 21% YoY growth. Positive advertising demand checks support this outlook, with one large agency forecasting a 29% YoY increase in Meta spend. Evercore ISI notes Meta’s improving returns from AI investments, with one buyer reporting a 4% ROI lift in 2025. While META shows promise as an investment, Evercore believes other AI stocks offer greater upside potential and lower downside risk. For more insights on undervalued AI stocks, check out their free report on the best short-term AI stock.
Read more at Yahoo Finance: Evercore Reiterates Outperform on Meta Platforms (META) Ahead of Earnings
