What Analysts Think of Meta Stock Ahead of Earnings
How did your country report this? Share your view in the comments.
Diverging Reports Breakdown
What Analysts Think of Meta Stock Ahead of Earnings
Meta Platforms (META) is scheduled to report second-quarter results after the closing bell Wednesday. Of the 27 analysts covering Meta who are tracked by Visible Alpha, 25 have a “buy” or equivalent rating for the stock, alongside two “hold” ratings. Their consensus price target near $755 implies 6% upside over the stock’s Friday closing price near $713. CEO Mark Zuckerberg has been on an AI hiring spree lately, even getting personally involved in recruiting talent for Meta’s “Superintelligence” unit.
Of the 27 analysts covering Meta who are tracked by Visible Alpha, 25 have a “buy” or equivalent rating for the stock, alongside two “hold” ratings.
Meta’s AI spending plans will be in focus after its rival, Google parent Alphabet, raised its 2025 capital expenditures projection by $10 billion.
Meta Platforms (META) is scheduled to report second-quarter results after the closing bell Wednesday, with analysts overwhelmingly bullish on the tech giant as it invests heavily in AI.
Of the 27 analysts covering Meta who are tracked by Visible Alpha, 25 have a “buy” or equivalent rating for the stock, alongside two “hold” ratings. Their consensus price target near $755 implies 6% upside over the stock’s Friday closing price near $713.
Meta’s AI infrastructure spending plans will be in focus, particularly after Google parent Alphabet (GOOGL) on Wednesday raised its projected 2025 capital expenditures to $85 billion from $75 billion.
Meta has said it expects to spend $64 billion to $72 billion in capex this year, a figure Wells Fargo analysts said earlier this month they expect to reach $76.7 billion in 2026.
Analysts Say Expectations for Meta’s Returns Are Rising
Meta’s leadership is “taking decisive action to fortify its AI bets,” the bank wrote, raising its price target to $783 from $664. “The market has received the investments favorably, but expectations for the returns also [are] rising.”
CEO Mark Zuckerberg has been on an AI hiring spree lately, even getting personally involved in recruiting talent for Meta’s “Superintelligence” unit. The company reportedly offered a pay package valued at more than $200 million to lure an Apple (AAPL) executive in charge of AI models, and its other recent hires have included former Github CEO Nat Friedman and ex-Scale AI CEO Alexandr Wang.
Analysts on average expect Meta to report second-quarter revenue of $44.81 billion, up 15% year-over-year, and net income of $15.19 billion, or $5.89 per share, gaining from $13.47 billion, or $5.16 per share, a year earlier.
Source: https://www.investopedia.com/what-analysts-think-of-meta-stock-ahead-of-earnings-q2-fy2025-11779069