Deutsche Bank predicts Meta's Q2 financial report, maintains buy rating and sets a target price of $800

Deutsche Bank has released a research report predicting Meta's Q2 financial report, expecting a revenue of approximately $60.5 billion for 2Q26, maintaining a buy rating and a target price of $800. Deutsche Bank believes that Meta's valuation is lower than the S&P 500, indicating significant potential for monetization in advertising and AI businesses. It is expected that subscription service revenue will reach $4.5 billion to $15.6 billion in 2027, and the potential annualized revenue from cloud infrastructure will reach $24 billion. Meta's expected capital expenditure for 2027 is between $210 billion and $215 billion, which can be controlled through internal chip and financing.