Meta 能不能再次冲击新高

Seeing Microsoft’s stock hit new all-time highs again naturally got me thinking about another potential winner Meta. In fact, Meta’s share price has already surged past $700, well beyond its previous all-time highs. As an ordinary investor, I’ve been following the logic behind this rally, and the more I look at it, the more convinced I am that there’s room for Meta to keep climbing，possibly even toward $800 or $1,000.

First off, from a fundamentals perspective, Meta’s advertising business has bounced back really strong. Over the past few quarters, both revenue and profits have grown substantially, largely thanks to AI-powered content recommendation and ad targeting improvements. Features like Instagram and Facebook Reels, as well as feed recommendations, use in-house AI models to boost user engagement and ad conversions, turning AI tech into real revenue.

Then there’s Meta’s AI strategy. On one hand, they’re investing heavily in large language models，like the recent launch of LLaMA 3, which has gotten a ton of support from developers and the open-source community. On the other hand, they’re building out their own AI infrastructure, including custom AI chips and data centers. This shows Meta isn’t just jumping on the bandwagon，they’re building a moat around their AI capabilities. I’ve even tried out Meta’s AI assistant integrated into WhatsApp, Messenger, and Instagram, and it’s actually pretty impressive. If this gains wider adoption, the commercial upside could be huge.

Another thing that really stands out is Meta’s strong execution on cost control and efficiency. From layoffs to large share buybacks, and cutting back on non-core Metaverse projects, they’re managing to improve profit margins while still growing. Even though Meta’s stock is now over $700, given its profitability and cash flow, it doesn’t seem overvalued compared to some other AI leaders.

I know a lot of people used to think of Meta as just burning cash on the Metaverse, but with their AI roadmap, ad business recovery, and full platform upgrades, confidence in their long-term growth is really coming back. If Microsoft represents “AI for productivity and work,” then Meta is more like the leader in “AI-powered social and advertising.” Personally, I believe as long as the AI hype keeps going, Meta has a strong shot at hitting new highs，maybe breaking $800 or even higher.