) exceeded market expectations for its second-quarter revenue on Wednesday and provided an optimistic sales forecast for the third quarter, signaling that strong digital ad spending on its social media platforms can offset the costs of its AI investments.
Looking ahead to Q3, Meta projected total revenue to range between $38.5 billion and $41 billion, with a midpoint of $39.75 billion, surpassing Wall Street's estimate of $39.09 billion. The Wall Street firm set its December 2025 price target for Meta stock as high as $610, up from the $480 for December 2024.
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