The technology sector has still driven increased demand in a struggling US stock market so far in 2025. Subsequently, the Magnificent 7 has remained atop that list. Among them is Meta Platforms (META), which has announced a new nuclear energy deal that may be set to power its stock to the $800 level.
The energy agreement will help power the increasing artificial intelligence plans that have been at the forefront of Meta’s operations. It should also drive increased interest in those projects, with the alternative energy form presenting a host of upsides to the company and its standing.
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META to Power AI Projects With Nuclear Energy: So What Does It Mean for the Stock?
The US stock market continued its volatile behavior Thursday as stocks were up and down throughout the trading day. Both the United States and China held a phone call with a potential trade deal in focus. As tariffs are set to be reintroduced, that has been a clear emphasis for the administration.
Yet, the lack of momentum for many stocks appears more dependent on market conditions than the companies themselves. Therefore, many may be set to soar when those macroeconomic factors ease. Among the most promising is Meta Platforms, as its recently signed nuclear energy deal may be set to power the stock to an $800 target.
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The Mark Zuckerberg-led firm signed a new 20-year deal with Constellation Energy (CEG). The agreement will see the social media and tech giant begin purchasing from the plant in the next two years. Moreover, the deal will see META help to curtail the costs of running the plant. Altogether, it will save 1,100 local jobs and generate more than $13 million in tax revenue.
It could also be monumental for the stock, as alternative energy may decrease the environmental concerns that come from AI. META shares are up more than 14% over the last 30 30days. Trading at $686, IT holds a median target of just $690.
However, the stock has a bullish projection at the $918 level. That represents a 33% upside for the tech stock that has 89% of 70 surveyed analysts giving it a strong buy rating. Moreover, it is widely expected to outperform the market handily over the next 12 months.