Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says

Go back to Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says

Wolfe Research on Meta Platforms Inc. (META), 'we expect a beat on both top and bottom lines'

January 28, 2025 12:09 PM EST

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 FY25, we expect $112 - $117B Total Expenses... More

Citi Reiterates Buy Rating on Meta Platforms Inc. (META), PT $753, 'remains our Top Pick'

January 24, 2025 12:57 PM EST

Citi analyst Ronald Josey reiterated a Buy rating and $753.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "Earlier today, CEO Zuckerberg posted that Meta plans to invest $60-$65B in CapEx in 25E to support the companys product... More