DBS analyst Sachin Mittal maintained a Buy rating on Meta Platforms (META – Research Report) today and set a price target of $800.00.
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Sachin Mittal has given his Buy rating due to a combination of factors including Meta Platforms’ strong financial performance and strategic initiatives. The company reported impressive earnings and revenue growth in the first quarter of 2025, surpassing market expectations. This was largely driven by a surprise in profit margins and lower-than-anticipated tax expenses.
Moreover, Meta’s focus on enhancing its Reels feature and expanding its AI capabilities is expected to drive long-term growth. The introduction of advertisements on WhatsApp and the significant investment in AI infrastructure, with a planned capital expenditure of over USD 64 billion in 2025, further support this positive outlook. Despite some near-term challenges in the advertising environment, the company’s strategic initiatives and potential for earnings growth justify the Buy rating with a revised target price of USD 800.
In another report released today, Citi also maintained a Buy rating on the stock with a $803.00 price target.
Based on the recent corporate insider activity of 295 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.