Deutsche Bank forecasts Meta's Q2 financial results, maintains a Buy rating and sets a target price of $800

Deutsche Bank released a research report forecasting Meta's Q2 financial results, estimating Q2 2026 revenue at around $60.5 billion, maintaining a Buy rating and a target price of $800. Deutsche Bank believes Meta is valued below the S&P 500 and sees strong monetization potential from its advertising business and AI capabilities. Subscription service revenues are projected to reach $4.5 billion to $15.6 billion by 2027, while potential annualized revenue from cloud infrastructure could reach $24 billion. Meta's 2027 capital expenditure is expected to be between $210 billion and $215 billion, which can be managed through internal chip development and financing.