10 High Flying AI Stocks This Week

3. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Investors: 273

Meta Platforms, Inc. (NASDAQ:META) is one of the 10 High Flying AI Stocks This Week. On August 6, Freedom Broker analyst Saken Ismailov downgraded the stock from Buy to Hold with a price target of $800.00 (from $680.00).

The firm has acknowledged how Meta has outperformed the most optimistic of expectations for key performance indicators in Q2 2025. Factors driving this impressive performance include advertising pricing recovery, heightened user engagement, and widespread adoption of AI tools.

It further pointed out Meta’s raised revenue guidance and upward revision of its full-year capEx expectations, highlighting strategic focus on building proprietary AI infrastructure.

However, stronger revenue growth isn’t the only thing these investments will be driving, the firm noted.

“While these investments are poised to drive stronger revenue growth in 2026, they also result in increased depreciation, amortization, and compensation expenses, which may temper profitability growth. Another catalyst for future revenue growth is the anticipated debut of advertising formats within WhatsApp. We maintain a positive outlook on Meta’s performance and elevate our price target from $680 to $800. Nevertheless, we’re adjusting our recommendation from “Buy” to “Hold,” as the current premium valuation multiples already encapsulate the anticipated growth rate in the company’s earnings.”