[Bernstein: Muse U.S. DAU at 2.5 million, Meta's near-term expectations already elevated] Deep Tide TechFlow reports, according to Tide Research, Bernstein's October 20, 2026 research note states that Meta Platforms (META) current price is $705.44, with a target price of $800, representing a 13% upside. Muse's daily active users (DAU) in the U.S. are approximately 2.5 million. Q3 2026 revenue is estimated at $64.058 billion, higher than the consensus of $63.312 billion. Bernstein believes that Muse marks the first consumer-facing product to track Meta's AI investments, but near-term valuations and expectations have already risen. Q3 2026 earnings before interest and taxes (EBIT) are projected at $11.338 billion, including $1 billion in legal settlements. Capital expenditures for 2027 are expected to reach $230.5 billion, exceeding the consensus of $201.6 billion, putting greater pressure on free cash flow (FCF). Bernstein maintains an outperform rating, focusing on four monetization metrics: Muse subscription numbers, gross merchandise value (GMV), downloads, and engagement.