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benzinga Corporate Catalyst Impact 65/100 ● negative

Meta Stock Expected to be 'Flat to Down' on 'Connect' Keynote, Says Gene Munster: Muse is 'Bad News' for Google, Says Analyst

Sep 24, 2026, 3:23 AM UTC · Primary ticker $META

Meta Platforms unveiled new VR glasses and expanded its AI agent, Muse, at Connect 2026. While some praised the hardware, analyst Gene Munster expressed skepticism about the immediate stock impact due to a lack of Muse adoption data, suggesting a 'flat to down' outlook for META shares.

Meta Platforms held its Connect 2026 event, unveiling new VR glasses and expanding its AI agent, Muse. While the new VR hardware received positive reviews for its design and features compared to Apple's Vision Pro, analyst Gene Munster expressed concern over the lack of concrete data regarding Muse's adoption and performance. This led to his prediction of a 'flat to down' movement for META shares in the short term, as investors may be looking for more tangible evidence of AI agent success. Long-term, Munster views Meta's focus on Muse as a significant competitive threat to Google, as it aims to shift user interaction from recommendation systems to proactive AI agents. For traders, the immediate risk for META is potential short-term price weakness due to unmet expectations for AI adoption data, while GOOG faces a long-term strategic challenge from Meta's evolving AI vision.

$META negative Analyst skepticism on immediate stock impact post-keynote
$GOOG negative Meta's long-term AI vision seen as competitive threat
$AAPL neutral Competitor in VR/AR space, but not directly impacted by this filing
Source: benzinga
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Not financial advice. AI-generated analysis for informational purposes only.