08:10 AM EDT, 05/01/2025 (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 $650 from, on a P/E of 23.6x our 2026 EPS view, within its long-term historical range. We raise our 2025 EPS estimate to $25.52 from $24.09 and 2026 to $27.55 from $26.37. After posting better than anticipated Q1 results/Q2 guide, we think META is well-positioned to navigate near-term uncertainty given the value of its installed base and benefits from AI investments. Still, we continue to see risk to 2H estimates should tariff issues disrupt key end-markets (e.g., retail) and lead to lower enterprise spending budgets. Despite higher planned spending, we think META is telling a great growth story tied to AI, highlighting 5 major opportunities to monetize AI (improved advertising, more engaging experiences, business messaging, Meta AI and AI devices). We think Threads will start to be monetized in 2026 while we applaud execution on margins and positively view DAU trends. We do think Reality Labs losses remain a notable negative (current run rate of $15B-$20B in annual losses).