METABullpending
Meet KevinTarget Range
$1,470–$1,900
“That puts this company between $1,470 on Wall Street estimates to nearly $1,900 on the Kevin estimates.”
Thesis at the time
Strongly BullishKevin believes Meta remains deeply undervalued even after its rally, citing his own higher-than-consensus EPS growth estimates driven by the Muse AI agent product and superior advertising positioning versus agent-driven competitors.
Key arguments
- Wall Street forecasts only 9.61% EPS growth next year, which Kevin thinks is too low
- Kevin estimates Meta could average closer to 20% EPS growth over the next four years due to Metamuse and the 'Watermelon' release
- Meta's 3.2 billion daily users dwarf competing agent platforms like Grok, preserving its advertising value as AI agents reduce ad exposure elsewhere
Hedges and caveats (from the video)
- Acknowledges potential bubbliness in valuations long-term
- References monitoring NScale IPO and Anthropic IPO as canaries in the coal mine
- Discusses valuation concerns despite bullish near-term outlook
- Past performance references (AMD called at 452, Meta called on August 28th) used to establish credibility rather than as new predictions
The call
- Date said
- Sep 21, 2026
- Timeframe
- based on average 20% EPS growth over the next four years
- Price at prediction
- $665.75
- Current price (live)
- $736.60$948.41 below target
- Confidence
- high
- Specificity
- specific
How it resolved
- Status
- pending
Confidence Reasoning
Specific dollar range backed by his own valuation model, plus disclosed personal financial stake in Meta, though softened slightly by the hedging phrase 'should be trading for'.