Is Meta About To Become Wall Street's Leading AI Stock Following Upbeat Earnings?

One of the biggest winners of earnings season appears to be Meta, and with CEO Mark Zuckerberg heralding a new era of ‘superintelligence' for the tech giant, it could soon be mounting a challenge to become Wall Street's quintessential AI stock.

Shares in the stock rose more than 11% in after-hours trading following a wildly positive second-quarter earnings call in which Meta Platforms (NASDAQ:META) posted 22% revenue growth in the second quarter, showing that the firm's AI investments are already beginning to pay dividends. 

The positive earnings data represents the first time this year that the company held its top capital-spending projections steady and highlights that META is a stock worth considering for its implementation of artificial intelligence. 

But how high could Meta Platforms ride that AI boom? And could it ultimately become a leading AI stock on Wall Street? 

AI Ads Lead the Way

Meta's Q2 2025 earnings per share far surpassed analyst estimates polled by LSEG, weighing in at $7.14 versus $5.92 expected, while revenues of $47.52 billion exceeded estimates of $44.80 billion. 

It was Meta's advertising revenue that led the way, reaching a total of $46.56 billion compared to projections of $43.97 billion. 

Zuckerberg reserved special praise for the company's utility of AI and its leading role in delivering "greater efficiency" throughout Meta's ad system. 

In the second quarter, Meta Platforms saw 5% higher conversions on Instagram and 3% on Facebook as a result of its AI-powered ad recommendations. 

Meta appears set to carry its strong Q2 performance into Q3 2025, forecasting that sales will come in at a range between $47.5 billion and $50.5 billion, exceeding Wall Street estimates of $46.14 billion. 

Superintelligence in Sight

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