Mark Zuckerberg Meta platforms (Nasdaq: dead) He was rewarded for it stock market Strength in the last two weeks with the activation of the bullish trend on Wall Street and particularly strong support from Bank of America (New York Stock Exchange: Buck).
Specifically, Bank of America added the technology giant to its list of best investment ideas among stocks with a “buy” rating.
The move came shortly after Bank of America’s Justin Post reiterated his “buy” rating on Meta stock and set a 12-month stock price target at $835, suggesting investors can expect a 32.23% upside to their positions if they buy.
While Bank of America decided to add Mark Zuckerberg The company’s inclusion in the Best Ideas list is a particularly critical recommendation, but the bullish stance itself is hardly notable among major financial institutions.
In fact, the vast majority of assessments assigned since the beginning of July – Needham, JP Morgan (New York Stock Exchange: JBM), and BMO Securities is the most unusual in terms of “hold” recommendations – it rates Meta shares a “buy.”
Furthermore, shares are generally considered a “strong buy” by Wall Street and are expected, on average, to rise 29.40% to $817.15 in the next 12 months, according to the report. Data Retrieved from Finebold TipRanks On July 10, 2026.
The optimism surrounding Meta shares is accompanied by the company’s recent performance in the market. Although the tech giant is still up 2.91% in the red year to date, it began a rally in late June that took it up 16.32% in just two weeks and to its latest closing price of $631.48.
Plus, though Reports Which suggests that Meta is preparing to rent out its excess artificial intelligence (Amnesty International) The capacity was seen as a worrying sign for the broader industry, and shareholders appear to have welcomed the news for the company itself.
However, the company’s history may at the same time present some undervalued risks for optimistic traders. Despite its size, Meta’s creativity can be questionable, considering that the concept of social media was not new at the time of Facebook’s launch.
The overall health of the company deteriorated over the years as it focused on buying out promising potential competitors – WhatsApp and Instagram Being prime examples – rather than creating exciting projects of their own.
As the twenty-first century enters its third decade, the situation appears to have taken another turn for the worse as the company has invested heavily in… Metaverse – Something of a “dead on arrival” concept – even that She changed her name To reflect the new trend at that time.
Even recently, Meta Platforms’ involvement in AI seems somewhat rudderless, with the potential for leasing capacity as an example.
In fact, Mark Zuckerberg has reportedly indicated that he believes the company has computing use for said use only, seemingly proving that it is an attempt to pivot toward acquiring… com. neocloud to divide.
While the so-called neoclouds It is a relatively new concept, and Meta will not be the first company, nor will it be the first major company to start operating such a business – Elon Musk’s company SpaceX (Nasdaq: Spex) It has already concluded agreements with both Anthropic and alphabet (Nasdaq: Google) to rent its data centers.
Elsewhere, Mark Zuckerberg’s tech giant has also been accumulating ill will from regulators and customers for years. For example, it still holds Register for the largest General Data Protection Regulation fine In history but also draws again The anger of the European Union’s oversight bodies Allegedly intentionally making its platforms overly addictive.
On the user side, Meta products become a mini-model of the “Activation“- a phenomenon in which platforms that started out as really useful and fun slowly turn into a machine to gain strict value for the operator at the expense of all other participants.
However, despite all of Meta Platform’s mishaps, Bank of America’s decision to include it among its top investment picks and the overall bullish trend on Wall Street could still easily be proven correct.
Mark Zuckerberg’s company has a history of resilience, and while social media itself wasn’t a new idea when Facebook launched, the company’s approach to user growth and monetization was undoubtedly groundbreaking.
Likewise, Meta has so far managed to weather most storms she encounters and usually leads by example. A prime example of this fact came in the form of… Cambridge Analytica scandalwhich at the time seemed like it would do serious damage to the company, but ultimately normalized Big Tech’s disregard for user privacy and preferences.
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