Cantor Fitzgerald Sees Meta Poised for Sentiment Reversal, Maintains $920 Target

Core Insights - Meta Platforms, Inc. is recognized as one of the AI stocks making significant movements on Wall Street, with Cantor Fitzgerald maintaining an Overweight rating and a price target of $920.00 ahead of a projected ad recovery for Google in 2026 [1] - The current investor sentiment towards Meta is compared to the concerns faced by Alphabet in 2024, particularly regarding disruption risks to search [1] - Meta is expected to experience a turnaround similar to Alphabet's, with improving AI execution anticipated to alleviate bearish views and present strong upside potential [3] Company Performance - In 2024, Alphabet shares underperformed compared to Meta and Amazon by 19 percentage points, but sentiment improved significantly following the launch of Gemini 2.5 and the success of the Gemini app and AI overviews [2] - The firm believes that Meta's current market concerns will eventually lead to renewed investor optimism, similar to Alphabet's experience [3] Investment Outlook - While Meta is seen as a potential investment, there are opinions that certain AI stocks may offer greater upside potential with less downside risk [4] - The report suggests looking into undervalued AI stocks that could benefit from Trump-era tariffs and the onshoring trend [4]