Meta Platforms, Inc. (NASDAQ:META) is one of the Best Big Company Stocks to Buy Right Now.
On May 28, Rosenblatt reiterated a “Buy” rating and a price objective of $1,015.00 on the company’s stock
Notably, the company announced its plans to roll out subscription offerings for the critical consumer services under the Meta One umbrella. The firm opines that this is a multi-billion-dollar revenue opportunity, based on the firm’s assessment of traction at Snap and OpenAI. In a separate update, Bloomberg reported that Meta Platforms, Inc. (NASDAQ:META) is selling the consumer subscriptions to its Meta AI chatbot.
The new subscriptions consist of 2 tiers. A basic tier, which has been priced at $7.99 per month, is called Meta One Plus. This is apt for someone frequently using Meta AI to generate images and videos, added Bloomberg (while quoting the company’s spokesperson).