# Meta's Bull Sees 30% Growth This Year

> Evercore's Mark Mahaney targets $860 for Meta after calling its Muse AI 'best product'.
- Title: Meta's Bull Sees 30% Growth This Year · 24/7 Wall St.
- Summary: Evercore's Mark Mahaney targets $860 for Meta after calling its Muse AI 'best product'. Evercore's Mark Mahaney forecasts Meta's stock to reach $860 this…
- Keywords: meta, muse ai, evercore, price target, free cash flow, capital expenditures, q2 2026 earnings, nasdaq meta, Meta's, Bull, Sees, Growth
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/22/metas-biggest-bull-sees-30-growth-this-year
- Author: Joel South
- Published: 2026-09-22T18:54:05+00:00
- Read time: 1 min
- Topics: meta, muse ai, evercore, price target, free cash flow, capital expenditures, q2 2026 earnings, nasdaq meta
## Evercore's Mark Mahaney
Evercore ISI's Mark Mahaney named Meta his number one pick with an $860 price target on CNBC Tuesday.

> the best product coming to market
## Meta Stock Moves
Meta stock traded around $739.99 intraday, up 34.66% over the past month after Mahaney's call.
## Q2 2026 Earnings
Meta reported $60.80 billion revenue up 27.96% year over year but $15.85 billion net income down 13.57%.
## Free Cash Flow Challenge
Meta's Q2 free cash flow collapsed to $784 million, down 91.31% year over year as capex ran $30.12 billion.
## Muse AI Growth
Muse AI boosted daily interactions by 60% since Meta rebuilt its assistant and integrated Muse Spark.
## 2028 Timeline
Mahaney expects Meta's free cash flow to turn up in 2028 after 2026 capex and expenses eat into profits.
## Key takeaway

Evercore's Mark Mahaney forecasts Meta's stock to reach $860 this year if Muse AI scales, despite 2026 earnings misses and high capital expenditures.