Citi is more positive on Meta Platforms (META)’ artificial intelligence glasses following Meta Connect. The firm believes adoption of the glasses could reach a “tipping point” in 2026. Meta has a multi-year head start on AI glasses while the device’s capabilities are increasing, the analyst tells investors in a research note. Meta remains a top pick at Citi with a Buy rating and $915 price target
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- TikTok’s U.S. entity would lease algorithm under deal terms, Axios reports
- Meta Platforms: Positioned for Growth in AI-Powered Smart Glasses Market
- “Meta Platforms’ (META) Ad Engine Revving Up!” Barclays Analyst Says WhatsApp and Threads Can Deliver $25B in Revenue
- MTCH and BMBL Stocks Sink after Meta Adds Tools to Tackle Swipe Fatigue
- Google Rolls Out Gemini AI to TVs as Big Tech Pushes AI Everywhere