META Platforms, with a Zacks Rank #1 (Strong Buy), reported Q2 earnings beating estimates with EPS of $7.14 and revenue of $47.52 billion. The stock is up ~8.5%, showcasing consistent growth. Ad impressions and revenue are up, with Meta’s AI efforts paying off. Despite headwinds like increased expenses and cash hemorrhaging from Reality Labs, investors are optimistic about Meta’s future. With aggressive AI investments and strong earnings, Meta Platforms remains a top pick for institutional investors. The company’s core ad business continues to drive growth, with a target price of $900 to $1,000 per share by 2026.

Read more at Zacks Investment Research: Meta’s Earnings Streak Continues as Ad Business Performs – July 30, 2025