Veteran Analyst Resets Meta Stock Price Target For 2027
Source: GuruFocus.com ·
Cantor Lifts Meta Stock Price Target 26% as AI Agents Open $1 Trillion Market
From the source
This article first appeared on GuruFocus . Meta Platforms ( META ) received a higher price target from Cantor Fitzgerald, which lifted its view to $860 from $680 while keeping an Overweight rating. Analyst Deepak Mathivanan said personal AI agents could create a broad market for artificial intelligence. He estimated the opportunity at more than $1 trillion under a broad measure, while a narrower view based on subscriptions and commerce fees puts it above $250 billion. Warning! GuruFocus has detected 5 Warning Signs with CRSP. Is META fairly valued? Test your thesis with our free DCF calculator. Mathivanan also outlined a path toward a free-and-paid model for Muse. Cantor estimated the service currently costs Meta about 25 cents per task, or roughly $11 per average user each month. The analyst expects AI processing expenses to decline by more than 80% over the next 18 to 24 months as higher usage and model improvements lower costs. He said that could help Meta move Muse toward…