CNBC host Jim Cramer stated that Meta Platforms Inc.(NASDAQ:META) must be viewed as an “enterprise company” following the deployment of its Muse artificial intelligence technology. Cramer said this operational shift could drive Meta’s stock valuation from an “18 times multiple” to “24-25.”
Re-Rating Meta’s Stock Multiple
Cramer argued that investors must alter how they define Meta’s core business model. “Today you must begin to think of Meta as an enterprise company, not just a consumer company,” Cramer posted on social media, adding, “That’s how powerful Muse is.”
Cramer said he intends to spend time “learning and telling this story,” asserting it explains “how an 18 times multiple goes to a 24-25”.
As evidence of Meta’s corporate evolution, Cramer pointed to high-level executive movement. He highlighted the decision by the chief executive officer of enterprise software company MongoDB Inc.(NASDAQ:MDB) to depart his firm ahead of an analyst day to lead Meta’s new division and report directly to CEO Mark Zuckerberg. Cramer noted this executive transition indicates that enterprise software has become Meta’s “lodestar.”
Small Business Productivity and Infrastructure
Cramer cited analysis from Stratechery‘s Ben Thompson, stating that Thompson has “the best bead on this” transition. Cramer noted that while Muse offers an “amalgam of amazing form factors” to assist individual users, its broader impact involves helping “100s of millions of small businesses be more productive.”
Additionally, Cramer announced an interview with Meta executive Dina Powell McCormick to discuss enterprise Muse. He noted McCormick previously directed the 10,000 Women and 10,000 Small Businesses programs at Goldman Sachs, stating she taught him “a huge amount about how to make small business survive and thrive.”
Cramer added that McCormick is “the most informed exec” regarding pledges hyperscalers must make when bringing data center proposals to local neighborhoods.
How Has META Performed in 2026?
Price Action: At the last check, the META stock was trading 1.14% higher in pre-market trading on Tuesday. It was down 3.78% over the last year, up 8.41% year-to-date, and about 25% over the last month. The stock closed 4.79% lower at $715.62 on Monday.
Benzinga’s Edge Stock Rankings indicate that META maintains a strong price trend in the short, medium, and long terms, with a poor value score.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock
Login to comment