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Meta went from an AI laggard to a leader in the course of a week.
has quickly climbed the app charts, racking up millions of downloads in its first two weeks. Shares of the social media giant"If you were paying attention, there were signs that there were good things ahead for Meta," added Newman.
The AI conversation has focused heavily on semiconductor giants riding the agentic AI wave, as well as enterprise adoption asOther names in the space, such as OpenAI, Anthropic, and Google's Gemini, had garnered most of the attention this year.
"That team has been on fire over the past year," Justin Patterson, KeyBanc managing director, told Yahoo Finance on Thursday. Analysts are especially bullish on Muse's consumer focus, an audience notoriously hard to monetize. Unlike Meta's core social platforms, which are paid for by advertising, Muse has no ads. Instead, the company plans to make money by "We now have a consumer-facing AI product, which frankly, many companies have struggled with," said Patterson.
"So Meta's gone from being viewed as a laggard in the past couple of months, to being viewed as a leader once again. " Wall Street is watching the Muse ecosystem get built out, with expectations that revenue will increase. More downloads and connectors will translate into more revenue and return on investment. The stock currently has 73 Buys, 6 Holds, and 0 Sells.
Dozens of analysts have raised their price targets on the stock over the past week, and the consensus now sits at $787. Meta CEO Mark Zuckerberg presents the Muse Charm during the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., September 23, 2026. REUTERS/Carlos Barria
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