Meta Platforms (META) Price Target Lifted as Evercore Sees AI-Driven Revenue Inflection

Core Viewpoint - Meta Platforms, Inc. is recognized as one of the leading AI stocks on Wall Street, with a raised price target of $900 from Evercore ISI, indicating a 25% upside potential based on strong Q4 results and an optimistic outlook for 2026 [1][2][3] Group 1: Financial Performance - Evercore ISI raised the price target for Meta from $875 to $900, reflecting a 25% upside based on a projected EPS of $36 for 2027 [2] - The company reported stronger-than-expected Q4 revenue results and a positive Q1 revenue outlook, contributing to an implied $50 billion increase in revenue for 2026 [3] Group 2: Strategic Direction - Meta's management aims to establish itself as a leader in AI, supported by the company's fourth-quarter results and the 2026 outlook [4] - The firm anticipates aggressive capital expenditure growth, estimating a total of $55 billion for fiscal year 2026, with overall expenditure growth projected at 40% [2]