Is Meta Platforms Stock Heading for $1,000?

Meta Platforms has rallied 15% this year and is approaching $800 per share with a market cap near $2 trillion. While the stock appears reasonably valued at 22x forward earnings and its new AI assistant Muse could drive growth, the consensus analyst price target is only $796. The author recommends a wait-and-see approach before investing, citing uncertainty around Muse's success and competitive pressures in the AI assistant space.