BofA Securities on Meta Platforms Inc. (META): Muse Spark release clears an 'uncertainty overhang' for stock

BofA Securities analyst Justin Post reiterated a Buy rating and $885.00 price target on Meta Platforms Inc. (NASDAQ: META)

The analyst commented, "Today, Meta introduced Muse Spark, the inaugural LLM from Meta Superintelligence Labs, launching the new Muse series of models... Earlier reports indicated Meta had delayed the model launch to at least May, and we think an earlier release helps clear an uncertainty overhang for the stock. Meta has outlined a roadmap for materially improved LLM capabilities over the course of the year, suggesting scope for iterative performance gains across upcoming model releases. We note Google saw a meaningful improvement in sentiment following stronger-thanexpected progress with Gemini 3.0, and Meta could be on a similar trajectory over the next 12 months if model performance continues to improve. At ~$625, Meta valued at 18x Street 2027 GAAP EPS (15x adjusting for RL investments), below S&P 500 at ~20x. We see the current valuation as attractive given a large AI opportunity, above industry ad growth, and strong financial position for AI. Reiterate Buy."

For an analyst ratings summary and ratings history on Meta Platforms Inc. click here. For more ratings news on Meta Platforms Inc. click here.

Shares of Meta Platforms Inc. closed at $575.05 yesterday.

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