Meta Platforms Inc. (NASDAQ:META) soared to a new all-time high, with its stock price climbing to $744.27. This rally propelled the company’s market valuation to approximately $1.87 trillion, highlighting strong investor optimism and solid performance in the tech industry. Over the past twelve months, Meta’s shares have surged nearly 47%, supported by analyst price targets ranging between $525 and $935. The company’s robust financials, including a gross profit margin above 80% and revenue growth nearing 20%, demonstrate its strong foothold and promising outlook in the competitive digital landscape.
Meta’s impressive stock performance reflects ongoing advancements and strategic growth initiatives, especially in emerging digital technologies. The firm is currently seeking to raise $29 billion in private capital to accelerate its artificial intelligence ambitions, primarily funding new data center construction across the U.S. This fundraising effort is structured with $3 billion in equity and $26 billion in debt, with Morgan Stanley acting as the financial advisor.
In addition to its AI push, Meta has expanded its commitment to sustainability by signing four new clean energy contracts with Invenergy, securing 791 megawatts of solar and wind power. These deals nearly double Meta’s clean energy portfolio to 1,800 megawatts, supporting the company’s data center expansion and operational needs.
On the talent front, Meta recently hired Trapit Bansal, a former researcher from OpenAI, to strengthen its AI reasoning capabilities. The company has also held exploratory talks with AI startup Runway AI, known for its AI-driven video content solutions, although no formal acquisition offer has been made yet.
Financial institutions remain bullish on Meta’s future, with UBS increasing its price target to $812, citing the strong revenue prospects from AI-related products like Business Messaging and Meta AI. These developments underscore Meta’s strategic focus on AI innovation and infrastructure growth, positioning the company for sustained success in the evolving tech ecosystem.