Meta Platforms shares have risen 15% this year and are approaching $800, on track to reach a new all-time high. The stock trades at 28 times trailing earnings and a forward P/E of 22, with a PEG just under 1.0, which the author says makes its valuation not enormous. Investors hope Meta's new AI assistant, Muse, can drive further revenue growth, though the author notes considerable competition and doubts over whether consumers will pay for such tools. The consensus analyst price target is around $796, while the most bullish forecast sees $1,000. The author is not convinced the stock is worth buying at its current price and prefers to wait and see how Muse performs.
Summary written by Upside AI from the original article. Read the source for full details.
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Related tickers and likely impact
META
▲ Likely positiveMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.8T |
| Close on 10/12/2026 | 742.96 |
| Change that session | +3.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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