Meta Platforms Is Going All-In On AI

Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Despite potentially facing near-term margin pressure from heavy spending, I see long-term value in Meta's enterprise AI strategy and closed model monetization. Given the growth outlook and AI initiatives, I reiterate my BUY rating with a $775/share target, valuing META at 18.11x eFY26 EV/EBITDA.