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We recently compiled a list of the 10 Most Popular Stocks on Robinhood in 2026. Meta Platforms, Inc. is one of the most popular stocks on Robinhood. 

TheFly reported on April 21 that META received an increased price target from UBS, which moved its estimate to $908 from $872 while maintaining a Buy rating on the stock. The firm expects continued upward revisions in earnings per share and valuation through 2026. This outlook is supported by sustained advertising revenue growth driven by generative AI tools, along with potential updates to AI-based chatbot and monetization features following recent product developments. UBS highlighted improving momentum in Meta’s AI ecosystem as a key driver of future financial performance and investor sentiment over the medium term.

In a significant operational development, on April 24, Meta Platforms, Inc. (NASDAQ:META), announced that it signed an agreement to deploy Amazon Web Services’ Graviton processors at scale as part of its expanding AI infrastructure strategy. The rollout will begin with tens of millions of CPU cores and can be expanded further as Meta’s artificial intelligence workloads grow.

Meta App 3D sign

The chips are intended to support large-scale, CPU-heavy tasks such as real-time reasoning, coding, search, and multi-step AI agent coordination. This shift reflects increasing demand for efficient processing power alongside GPUs, particularly for agentic AI systems that require high-volume, low-latency computation across complex workflows and interactions.

Meta Platforms, Inc. (NASDAQ:META) is a U.S. technology company focused on social media, digital advertising, and virtual reality. It owns Facebook, Instagram, WhatsApp, and Messenger, and develops VR/AR devices like Meta Quest and AI technologies.

While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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