Meta Platforms shares surged in early trading as a new survey revealed that 72 out of 79 analysts covering the stock maintain a 'buy' rating, representing a 91% consensus bullishness.
The overwhelming endorsement from Wall Street research desks highlights sustained confidence in the company’s ability to monetize its artificial intelligence investments and drive advertising revenue growth.
The stock climbed sharply in the session, outperforming the broader market as investors continued to rotate capital into large-cap technology names.
Meta’s price action contributed to a wider rally in the Nasdaq 100, which has seen aggressive buying in recent sessions as traders view intraday dips as entry points for high-conviction tech positions.
This analyst consensus comes amid a broader recovery in US equity markets, which staged a mid-session rebound on Thursday after a sluggish start.
The positive sentiment across major indices suggests that the market is digesting recent volatility and focusing on fundamental strength in the technology sector, with Meta remaining a key beneficiary of this trend.