Meta's Stock Has Rocketed Over 30% in the Past Month. Here's How the Embattled "Magnificent Seven" Company Completely Flipped the Script

META surged nearly 32% over the past month following the launch of Muse, its new personal AI agent that claimed the top spot in Apple's App Store free app rankings. JPMorgan raised its price target on the stock to $920 per share as the product's early traction reversed investor concerns about elevated AI capital spending and an $18 billion settlement tied to teen safety issues.

The momentum marks a sharp reversal for META, which had faced pressure from doubts about returns on its heavy AI infrastructure investments. Muse's rapid adoption demonstrates concrete user demand for Meta's AI products, providing evidence that the company's capital expenditure strategy is translating into market share gains in consumer-facing AI tools.

The rally positions META as one of the stronger performers among the Magnificent Seven cohort, separating itself from peers still justifying AI spending without corresponding product wins.