UBS Identifies Generative AI as a Key Revenue Driver for Meta Platforms, Inc.
UBS has raised its price target for Meta Platforms, Inc. (META) to $908, citing generative AI as a key revenue driver. The firm expects continued earnings growth and valuation improvements through 2026, supported by advertising revenue and AI product developments. Meta is also expanding its AI infrastructure with Amazon Web Services' Graviton processors.
Topics: AI Infrastructure AWS Graviton Generative AI Investor Outlook Meta Platforms