U.S. Stocks Surge | Meta (META.US) Rises Nearly 3%, Goldman Sachs Raises Target Price to $830

date
05/08/2025
According to the 36kr Finance APP, on Monday, Meta (META.US) rose by nearly 3% to $771.51. A report from Goldman Sachs pointed out that Meta's second-quarter performance showed strong core business momentum, with AI development effectively improving advertising business efficiency. Meta's management maintains its full-year spending guidance and will focus on long-term computing power investment and talent development, optimistic about long-term growth in areas such as media consumption, creator economy, communication platforms, and AI applications in advertising ecology. Based on the latest performance and guidance, Goldman Sachs raised its 2026 GAAP spending forecast for Meta to a 25% increase, capital spending forecast to approximately $100 billion, reiterating a "buy" rating and raising the target price from $775 to $830.