Meta Eyes Future Growth with AI and Wearable Tech, Seeks to Rival Smartphones
July 14, 2025
Meta, with over 3.4 billion daily users, is trading at a reasonable valuation of 28 times this year's earnings, which many see as undervalued and holding significant potential for long-term growth.
CEO Mark Zuckerberg envisions Meta's wearable tech sector as a future rival to smartphones, indicating a strategic focus on expanding into innovative hardware markets.
Meta is actively building its AI capabilities by recruiting top talent from leading companies like OpenAI and Google, and has established the Meta Superintelligence Labs to develop advanced AI products.
The company is also hiring executives from top tech firms to strengthen its AI initiatives, aiming to integrate these advancements into future wearable devices.
Since 2020, Meta's stock has surged by 200%, driven by a booming social media advertising market and substantial investments in artificial intelligence.
Meta has reported a 155% increase in its shares since 2020 and is investing approximately $70 billion annually in technology, including launching the Meta AI personal assistant, which now has around 1 billion monthly active users.
Looking ahead to 2030, Meta aims to double its revenue and triple its operating income, reinforcing its position as a major player in digital and AI innovation.
Summary based on 7 sources
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Sources

The Globe and Mail • Jul 14, 2025
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The Globe and Mail • Jul 14, 2025
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The Globe and Mail • Jul 14, 2025
These Growth Stocks Soared 150% or More in the Last 5 Years and Are Still Great Buys
The Globe and Mail • Jul 14, 2025
These Growth Stocks Soared 150% or More in the Last 5 Years and Are Still Great Buys