"Shares of social media advertising giant Meta Platforms (NASDAQ: META) jumped about 6% on Thursday as one analyst reiterated a buy rating and a $910 price target for the stock. Considering that shares are trading at about $648 as of this writing, this represents considerable upside (more than 40%). While investors shouldn't read too much into the analyst's commentary, I do agree that shares may have simply become too cheap to ignore."
"In the third quarter of 2025, Meta's revenue grew 26% year over year to $51.2 billion. Highlighting Meta's momentum, this was a significant acceleration from 16% and 22% in the first and second quarters of 2025, respectively. The business still runs overwhelmingly through advertising, with about 98% of total revenue during the period coming from advertising revenue. Fueling Q3, Meta's ad impressions across its social media apps rose 14% year over year, and the average price per ad increased 10%."
Meta's third-quarter revenue grew 26% year over year to $51.2 billion, an acceleration from earlier quarters. Advertising accounted for roughly 98% of revenue, with ad impressions rising 14% and average price per ad up 10%. Total daily active users increased 8% to more than 3.5 billion. Operating income was $20.5 billion, though profitability grew more slowly than revenue. Capital spending is rising rapidly to build AI infrastructure, which is squeezing free cash flow. The stock trades at about 22 times forward earnings, and an analyst reiterated a buy rating with a $910 price target.
Read at Aol
Unable to calculate read time
Collection
[
|
...
]