Needham Maintains a Hold Rating on Meta Platforms, Inc. (META)

​Meta Platforms, Inc. (NASDAQ:META) is one of the Most Profitable Stocks to Buy Now. On November 18, Laura Martin from Needham maintained a Hold rating on Meta Platforms, Inc. (NASDAQ:META) without disclosing any price targets. However, earlier on November 13, Lloyd Walmsley from Mizuho Securities raised the firm’s price target on the stock from $812 to $920 and reiterated a Buy rating.

​The ratings follow the company’s recent outperformance during its fiscal Q3 2025 results. On October 29, Meta Platforms, Inc. (NASDAQ:META) announced Q3 2025 results with revenue growth of 26.25% year-over-year to $51.24 billion, surpassing estimates by $1.83 billion. Moreover, the EPS of $7.25 also topped estimates by $0.58.

​In addition to topping analyst expectations, Meta Platforms, Inc. (NASDAQ:META) continues to invest in AI. For instance, on November 7, Reuters reported that the company plans to invest $600 billion in the United States over the next 3 years. Management noted this investment will be used in building AI infrastructure and data centers, thereby creating more jobs in the country.

​​Meta Platforms, Inc. (NASDAQ:META) is a tech company that connects people through social media and immersive experiences.

While we acknowledge the potential of META to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than META and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.