Meta: al ataque del club de los dos billones aupada por Muse

Meta aims to reach a $2 trillion valuation with the help of Muse, its first AI agent, positioning it favorably in the segment. The company has been on a five-week winning streak, a surge not seen since March 2023, with a 36.69% increase to $1.91 trillion in market value. This is largely attributed to the overwhelming reception of Muse, the free app with the most downloads in the United States.

Lloyd Walmsley, from Mizuho, believes Muse marks the beginning of a cycle for a product that is vital to the company, though this is not reflected in the stock price, according to Lindon Walmsley. The investment bank agrees Muse places Meta in a privileged position in this AI segment. One of the main challenges investors face in betting on such companies is proving the return on investment in AI.

Meta has taken a significant step in this direction with Muse. Douglas Anmuth of JPMorgan believes Muse has the potential to become the most used personal AI application since ChatGPT and could be monetized through a similar advertising model, creating a market worth tens of billions of dollars. Anmuth, one of the most positive analysts on Facebook's stock, estimates an objective price of $920 per share, implying a potential rise of more than 20% and a market capitalization nearing $2.34 trillion.

If Meta reaches a value of $2 trillion, it will join SpaceX, TSMC, Amazon, and Microsoft among the $2 trillion-valued companies. There is more ahead, with Nvidia, Apple, and Alphabet as potential contenders. Mizuho goes even further in assessing Muse's potential impact, stating that it sees potential for the momentum to affect Alphabet's stock, as it poses a potential risk to its core search business (Google).

Meta has also agreed to pay $1.8 billion and make changes to its social media applications (Meta and Instagram, primarily) to create accounts for teenagers and minors. This move is expected to eliminate a key uncertainty weighing on the stock, leading to an expected increase in earnings per share, according to UBS's Stephen Ju. The uncertainty has been removed, and it is likely that the earnings per share will rise, given multiple avenues to drive revenue growth above the consensus estimate, according to Ju.