Meta Nears $2 Trillion Market Cap After Strong Q2 Rally
Meta delivered a powerful Q2 performance, delivering a 22% revenue jump to $47.52 billion and a stunning 38% surge in earnings per share to $7.14. Daily active users also climbed 6% to 3.48 billion. The market response was immediate: the stock jumped more than 11%, reaching an all-time high close to $790, edging Meta toward a $2 trillion valuation.
Backing its AI ambitions with cash, Meta is increasing capital expenditures — expected to jump from $69 billion in 2025 to $100 billion next year. Analysts remain highly optimistic; with 86% rating it a ‘Buy’ and price targets averaging $861, some estimates even reach as high as $930. CEO Mark Zuckerberg’s aggressive investment in AI and data-center infrastructure has captured investor confidence.
