Meta’s AI-Driven Ad Growth Sparks Crypto Market Interest Ahead of Earnings
Meta Platforms' 18% stock pullback since Q3 earnings has caught the attention of both traditional and crypto investors. Jefferies analyst Brent Thill maintains a $910 price target, citing undervaluation ahead of Q4 results. The anticipated 20.6% revenue growth to $58.35 billion reflects strengthening digital ad demand—a sector increasingly intersecting with crypto-native advertising.
Notably, HSBC's bullish $905 target highlights Meta's AI investments as growth drivers. This technological pivot mirrors crypto projects like FET, AGIX, and OCEAN that leverage AI for blockchain scalability. The parallel suggests institutional recognition of hybrid AI-blockchain models as market differentiators.
With WhatsApp's projected revenue surge to $36 billion by 2029, crypto payment integrations (XRP, USDC, PYUSD) could become material revenue streams. Threads' growth further positions Meta to capitalize on Web3 social media trends currently dominated by decentralized platforms like Farcaster and Lens Protocol.