Meta Platforms (NASDAQ: META) and CrowdStrike (NASDAQ: CRWD) reported significant returns over the past two years, with increases of 160% and 190%, respectively. Analysts predict continued upside, with Meta’s median target price at $875 per share, reflecting a 16% increase from its current price of $750, and CrowdStrike’s target at $490, a 13% upside from $434.
Financial Performance
In the second quarter, Meta’s revenue rose 22% to $47.5 billion, with a GAAP earnings surge of 38% to $7.14 per share. Conversely, CrowdStrike reported a 21% revenue increase to $1.1 billion, supported by cloud and cybersecurity trends. CrowdStrike’s adjusted earnings are expected to grow 19% annually, but its current valuation at 120 times adjusted earnings draws caution from investors.
