Meta Platforms(US:META) Ge Long Hui·2026-01-26 09:27Core Viewpoint - Deutsche Bank forecasts Meta's Q4 revenue to reach $59 billion, representing a 22% year-over-year growth, exceeding the previous estimate of $58.5 billion [1] Group 1: Revenue Projections - Q4 total revenue is expected to be $59 billion, up from $48.36 billion in the same quarter last year [1] - For Q1 2026, revenue is projected to grow by 23% year-over-year to $51.9 billion, compared to the market consensus of $51.2 billion [1] Group 2: Expense Estimates - Q4 total expenses are anticipated to be $34.4 billion, positioning the annual total expenses at the midpoint of the company's guidance range of $116 billion to $118 billion [1] - For Q1 2026, total expenses are expected to increase by 32% year-over-year to $32.6 billion, slightly below the market consensus of $33.1 billion [1] Group 3: Investment Rating - Deutsche Bank maintains a "Buy" rating on Meta, with a target price of $880, indicating approximately 34% upside potential from the stock's closing price last Friday [1]