Meta Platforms (META) stock rises on $2B+ acquisition of AI startup Manus.

Meta Platforms announced the acquisition of Singapore-based AI startup Manus for $2-3 billion, prompting Rosenblatt to maintain its Buy rating and $1,117 price target, citing strong growth potential.

• The acquisition, completed on December 30, 2025, aims to integrate Manus's autonomous AI agent into Meta's core product offerings.
• Rosenblatt highlighted Manus's rapid growth, noting its $100M+ ARR and strong fit for small and medium businesses (SMB) via WhatsApp.
• The stock is trading higher following the news, currently at $666.41 (+1.17%), significantly outperforming the flat NASDAQ.