Tariff Hits and More: 10 AI Stocks in the Spotlight

3. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Investors: 235

Meta Platforms, Inc. (NASDAQ:META) is a global technology company. On April 3, RBC Capital analyst Brad Erickson maintained a “Buy” rating on the stock and set a price target of $740.00. The analysts are optimistic about the company’s growing market share in digital advertising. Lifting the price target on Meta, Erickson noted that the company’s gain in the ad market will increase this year. In particular, he noted how Meta has been gaining market share compared to rival Google. Concerning return on ad spend and AI performance, RBC said, “META indicated as strongly as we’ve ever heard over GOOGL on a relative basis.”