12:00 PM EDT, 07/31/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target to $880 from $800, on a P/E of 26.9x our 2027 EPS view of $32.70, near its long-term historical average. After posting Q2 results that were well ahead of our expectations, we raise our 2025 EPS estimate to $28.03 from $25.52, 2026 to $29.27 from $27.99, and 2027 to $32.70 from $30.81. We view Q2 results as the moment when it all came together for META investors, as the company is witnessing significant AI momentum across its ad-based platform (likely outgrowing the broader digital ad space by 1.5x-2x) while at the same time executing extremely well/expanding margins. Given META's stellar results, we expect the company to continue to aggressively spend through '27 given AI growth prospects on the horizon. We believe META remains solidly committed on tackling 5 major opportunities tied to AI: improved advertising (price per ad +9%), more engaging experiences (+5% time spent on Facebook/+6% on Instagram in Q2; greater video usage), business messaging, Meta AI and AI devices/glasses.