Meta Platforms to Double Production For Meta Glasses While TD Cowen Lifts PT From $810 to $820

Group 1 - Meta Platforms, Inc. is recognized as one of the 15 Best S&P 500 Stocks to look for in 2026, with a price target increase from $810 to $820 by TD Cowen, maintaining a Buy rating [1] - TD Cowen's advertising buyer survey predicts that Meta's social media platforms, Facebook and Instagram, will grow their global digital advertising share from 30% to 34% by 2030, driven by share gains [2] - Meta Platforms is in discussions with EssilorLuxottica to potentially double the production capacity for Meta smart glasses, aiming to increase annual production to 20 million units or more by the end of 2026 [3][4] Group 2 - Meta operates through two segments: Reality Labs and Family of Apps, focusing on connecting people via social media applications and developing virtual reality, mixed reality headsets, augmented reality, and wearables [5]