Meta’s AI-driven business expansion could drive next revenue phase despite investor scrutiny over rising costs, an analyst said.
Meta Platforms’ push into AI-powered business agents may fuel its next revenue growth phase, Piper Sandler analyst Thomas Champion said in a client note. The call comes as Meta’s AI spending faces investor scrutiny, weighing on its stock in morning trading.
Champion reiterated an overweight rating and named Meta a top large-cap pick, citing long-term potential in AI integration. The stock has underperformed peers amid broader tech sector volatility, though AI-driven optimism has supported equities despite geopolitical headwinds.
Meta shares traded lower early Thursday, reflecting mixed sentiment on AI investment returns. The company’s AI initiatives remain a key focus for analysts forecasting future earnings growth.