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Investing.com - DA Davidson raised its price target on Meta Platforms Inc. (NASDAQ:META) to $825.00 from $650.00 on Thursday, while maintaining a Buy rating on the stock. The new target falls within the broader analyst range of $587-$935, with Meta currently trading at $695.21. According to InvestingPro data, Meta maintains a strong "GREAT" financial health score of 3.2 out of 5.
The price target increase follows Meta’s strong second-quarter 2025 earnings report, which exceeded expectations for both revenue and profit. The firm cited accelerating growth in Meta’s Family of Apps as a key factor supporting the higher valuation. Meta’s impressive 81.77% gross profit margin and 19.37% revenue growth underscore this strong performance. Get deeper insights into Meta’s financials with InvestingPro, which offers 13 additional key investment tips for META stock.
DA Davidson noted that Meta’s increased capital expenditures and hiring efforts appear to be yielding positive results as the company continues to integrate artificial intelligence capabilities across its product portfolio.
The research firm specifically highlighted management’s assertion that Meta possesses "all the ingredients required to both build and deliver superintelligence," with plans to increase computing capacity in coming years to support these initiatives.
Meta’s ongoing investments in AI technology and computing infrastructure are positioned to support the company’s long-term strategic objectives in developing advanced artificial intelligence systems, according to the analyst note.
In other recent news, Meta Platforms Inc. reported financial results for the second quarter of 2025 that exceeded expectations. The company posted an earnings per share (EPS) of $7.14, which was significantly higher than the forecasted $5.85, marking a 22.05% surprise. Revenue also surpassed projections, reaching $47.5 billion, which was 6.26% above expectations. Additionally, BofA Securities raised its price target for Meta Platforms to $900 from $775, maintaining a Buy rating. This adjustment reflects BofA’s increased earnings per share estimates for 2026 and higher revenue growth expectations, partly due to artificial intelligence opportunities. Similarly, Citizens JMP increased its price target for Meta Platforms to $900 from $750, maintaining a Market Outperform rating. Citizens JMP attributes this to Meta’s unique position to leverage artificial intelligence, benefiting from its extensive data and user distribution. These developments highlight Meta’s strong financial performance and optimistic outlook from analysts.
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