Shares jumped 6.5% as the tech giant integrated the Swedish startup into its messaging apps.
Meta Platforms acquired Swedish artificial intelligence startup Stilla.ai to enhance its Meta Business Agent ecosystem. Founded in 2024, Stilla raised $5 million in pre-seed funding before the deal. The integration aims to automate customer transactions, optimize merchant workflows, and boost e-commerce monetization across WhatsApp, Instagram, and Messenger. Meta shares rose 6.5% following the announcement.
The purchase accompanies the expansion of Muse, Meta's personal AI agent built for multi-app user tasks. In its recent second-quarter 2026 results, Meta reported revenue of $60.80 billion, up 28% year over year and above the $60.17 billion consensus. Earnings per share reached $6.18, falling short of the $7.22 estimate due to infrastructure outlays, legal charges, and restructuring costs. Operating expenses were $42.03 billion, capital expenditures reached $31.08 billion, and operating margin was 31%.
CEO Mark Zuckerberg and management raised full-year capital expenditure guidance to between $130 billion and $145 billion to fund generative AI initiatives. Meta trades at a price-to-earnings ratio near 24x. Among 55 analysts tracked by Wall Street, 45 rate the stock a Strong Buy, two rate it a Moderate Buy, and eight rate it a Hold, with an average 12-month price target of $751.08, indicating 15% upside.
Share prices can rise and fall. Past performance does not guarantee future results. This article is news, not investment advice.
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