In a report released today, Deepak Mathivanan from Cantor Fitzgerald reiterated a Buy rating on Meta Platforms, with a price target of $750.00.
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Deepak Mathivanan has given his Buy rating due to a combination of factors tied to Meta’s solid operating performance and durable growth outlook. He highlights that first-quarter revenue and EBIT exceeded expectations, with management guiding to strong second-quarter growth even amid macro pressures, while AI-driven improvements in engagement and ad performance across Facebook and Instagram further reinforce the strength of the core advertising franchise.
At the same time, he acknowledges investor concern around the sizable step-up in capital expenditures through 2026 but views this as a strategic investment in AI infrastructure and new products such as Meta AI and the Muse Spark model, which open sizable opportunities in commerce, recommendations and enterprise use cases. Overall, he believes Meta has multiple levers to earn attractive returns on this higher capex base, leading him to maintain an Overweight/Buy stance with a revised price target that still offers meaningful upside from current levels.
In another report released today, Barclays also maintained a Buy rating on the stock with a $830.00 price target.
Based on the recent corporate insider activity of 219 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of META in relation to earlier this year.