Meta Platforms, Inc. (NASDAQ:META) is one of the Best Data Center Stocks That Are Cheaper Than the S&P 500.
Wall Street is bullish on the stock as the analysts’ 12-month average price target suggests more than 41.83% upside from the current level
Recently, on June 17, Evercore ISI reiterated a Buy rating on Meta Platforms, Inc. (NASDAQ:META) with a price target of $930. A few days earlier, on June 9, Truist also reiterated a Buy rating on the stock with a $840 price target. The positive ratings are based on the company’s launch of new paid subscription plans.
Meta introduced consumer and business subscriptions across its Family of Apps, alongside a new Meta One AI subscription suite. Moreover, App-level Plus plans are rolling out across Facebook, Instagram, and WhatsApp. Meta One AI tiers combine app perks with expanded Meta AI access, while business and creator tiers add verification, discovery tools, insights, and workflow features.