AVGO
META
Wall Street still has Meta in the favorite pile
Meta just got the analyst equivalent of a group hug. Fifty firms now rate the stock a consensus “Moderate Buy”, with 38 buys, 8 holds, and 4 strong buys, and the average 12-month price target sits around $837.72.
That matters because Meta is no longer just the “Facebook app” story you remember from your aunt’s phone. It’s basically a two-headed beast: ad machine on one side, AI infrastructure on the other. And right now, Wall Street is still betting both engines can keep humming.
The real plot twist: AI spend and ad growth
The article points to a few things keeping the bullish case alive:
- Meta has a multi-year deal with Broadcom for custom AI chips, which is Wall Street code for “the company is still writing very large checks in the name of future dominance.”
- Industry forecasts suggest Meta could pass Google in digital ad revenue this year.
- Q1 earnings on April 29 are the next big checkpoint, where investors will be watching ad growth and AI spending commentary like hawks with spreadsheets.
So yes, the consensus is positive — but the market isn’t exactly on cruise control. It’s more like driving with one foot on the gas and one eye on the dashboard.
A little caution with that optimism
There’s also some wobble in the background. The piece notes insiders sold about 160,414 shares worth roughly $102.66 million over the last three months, including a hefty CFO sale. That doesn’t automatically mean trouble, but it does mean management has been cashing in while the street keeps cheering.
Meanwhile, Meta’s latest reported quarter still looked solid: $8.88 in EPS on $59.89 billion in revenue, up 23.8% year over year. Translation: the business is still throwing off serious cash, which is why analysts are comfortable staying constructive.
Big picture: Meta’s analyst love is intact, but the stock’s next move probably depends less on the consensus rating and more on whether the April 29 earnings call proves the AI spending spree is turning into actual payoff.