Meta’s AI Innovations Drive $850 Price Target as Analysts See Strong Q2 Ahead

Meta Platforms, Inc. (Nasdaq:Dead)) He is one of Artificial intelligence arrows turn to focus this week. On July 16, the Canaacord Genuity Maria Ripps analyst raised the target price to $ 850.00 (from $ 825.00) while maintaining the “purchase” classification.

The company is optimistic about the results of the second Meta Q2 and believes that the preparation is convincing while moving to the 26th fiscal year.

“We expect Meta to report strong Q2 results, with the growth of advertising revenues in mid -teenager remains despite some modest slowdown Q/Q, which partially reflects the uncertainty that the customs tariff affects budget spread in the previous part of the quarter.

Publishing Rights: Buchachon / 123rf Photo album

“These investments, in addition to building the technical infrastructure, must support the purpose of the amount of the amount of enabling brands to create ads and target them completely using AI by the end of 2026, from other initiatives. For Q2, we expect ads revenues and total increase for the increase ~ 14 % Y/Y (compared to 16 % Y/Y in Q1) We expect to be meta through 37.5 % of consensus, which is increasing, as Meta, as there are some of the upscale risks, as Meta has more investments, as well as continuous improvements to basic cash functions.

Although we acknowledge the Meta capabilities as an investment, we believe that some of the artificial intelligence shares provide greater potential and carry less risks on the downside. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.