JPMorgan upgrades Meta after company’s recent AI product announcements - cnbc.com

JPMorgan upgraded Meta's stock following the company's recent artificial intelligence product announcements, according to a report published by CNBC on September 10, 2026. The report states that Meta launched a personal AI agent app powered by its Muse Spark family of models. The upgrade was issued by JPMorgan analyst Doug Anmuth. The article's headline links the upgrade to Meta's recent AI product announcements.

Anmuth wrote in the upgrade note that 'there's still meaningful upside potential as Meta is in the early stages of releasing frontier models and AI-driven products beyond advertising.' He said Meta's Muse AI agent reached as high as number three in the US app store on its second day. He also said early usage of the app was running at 10 times that of training cohorts. Both figures are attributed to Anmuth in the CNBC report.

The CNBC article presents the app-store ranking and the usage comparison as indicators of early demand for Meta's AI agent. Anmuth's note characterises Meta as being in the early stages of releasing frontier models and AI-driven products that extend beyond advertising, and states that there is still meaningful upside potential in the stock. The upgrade is attributed in the report to Meta's recent AI product announcements, and the app-linked figures cited are the number three app-store position and the 10x usage comparison.