Wolfe Research on Meta Platforms Inc. (META), 'we expect a beat on both top and bottom lines'
Wolfe Research analyst Shweta Khajuria reiterated an Outperform rating and $730.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "For Q4, we expect a beat on both top and bottom lines, largely in-line with investor expectations. For FY’25, we expect $112 - $117B Total Expenses guide vs. the Street at $111B. For Q1 Revenue guide, we expect $40 - $42B (vs. the Street at $42B). As we mentioned in our note on Sunday (here), and especially after yesterday, we expect mgmt. to provide updates on the timing of Llama 4, address the Co's positioning vs. DeepSeek, and Meta's opportunities on realizing compute and DC cost efficiency gains going forward. The pre-announced 2025 CapEx guidance of $60 - $65B was in-line with buy side expectations. Meta will report results on Wednesday, January 29th after the close. WR and Street estimates imply Q4 revenue growth of ~18% Y/Y. Meta has come in above the mid-point of its Revenue guide for the past 9 of 11 quarters. META shares have outperformed the S&P 500 by 9-pts since the day after its last EPS print on Oct 30th, and sentiment is neutral-to-positive into the print."
For an analyst ratings summary and ratings history on Meta Platforms Inc. click here. For more ratings news on Meta Platforms Inc. click here.
Shares of Meta Platforms Inc. closed at $659.88 yesterday.