• Jefferies sets a price target of $910 for NASDAQ:META, suggesting a potential upside of 44.26%.
• Despite recent concerns over capital spending on AI, Meta's strategic shift in budgeting for its Reality Labs division signals confidence in future performance.
• META's stock price shows resilience with a 3.6% year-over-year increase, despite broader market underperformance.

Meta Platforms Inc. (NASDAQ: META) is a leading technology company known for its social media platforms, including Facebook, Instagram, and WhatsApp. The company is also investing heavily in artificial intelligence and virtual reality through its Reality Labs division. Meta competes with other tech giants like Google, Apple, and Amazon in the digital advertising and technology space.

On January 22, 2026, Jefferies set a price target of $910 for META, suggesting a potential upside of 44.26% from its current price of $630.79. This optimistic outlook comes despite recent investor concerns over Meta's significant capital spending on AI initiatives, as highlighted in their third-quarter earnings report. The report led to an 18% decline in the stock price.

Meta's decision to reduce the budget for its Reality Labs metaverse division reflects a strategic shift in response to these concerns. Despite the pullback, the company had strong quarterly reports earlier in 2025, even with a tax charge, which supported the belief that Meta would continue to outperform its competitors. The stock reached an all-time high of $796.25 in August.

Currently, META's stock price on the NASDAQ is $632, showing a 3.11% increase or $19.04. The stock has fluctuated between $626.55 and $637.48 during the trading day. Over the past year, META's stock has seen a high of $796.25 and a low of $479.8, with a market capitalization of approximately $1.59 trillion.

Despite the recent pullback, Meta's stock is up 3.6% year over year, although it underperforms the broader market. The economic outlook remains uncertain, and CEO Mark Zuckerberg continues to be a controversial figure. However, Jefferies' price target indicates confidence in Meta's potential for growth.