Major Bank Ratings | Deutsche Bank: Assigns Meta a "Buy" rating with a target price of $880
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Glonghui, January 26|Deutsche Bank released a report stating that it expects Meta's Q4 revenue to reach $59 billion (a year-on-year increase of 22%), higher than the previous estimate of $58.5 billion; Q4 total expenses are expected to be $34.4 billion, which would place the full-year total expenses at the midpoint of the company's forecast range of $116-118 billion. For the first quarter of 2026, Deutsche Bank expects revenue to increase by 23% year-on-year to $51.9 billion, while the market consensus is $51.2 billion; total expenses are expected to increase by 32% year-on-year to $32.6 billion, with the market consensus at $33.1 billion. Deutsche Bank gives Meta a "Buy" rating in the report, with a target price of $880, which represents about a 34% upside from the stock's closing price last Friday.
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