Overview
- Meta raised its 2026 capital spending plans for AI infrastructure, a disclosure that contributed to a post‑earnings stock drop late last year.
- Scale and profitability remain substantial, with 3.54 billion family daily active people and Q3 2025 revenue of $51.2 billion, 98% from ads, and about a 40% operating margin.
- Recent coverage includes buy‑and‑hold arguments casting Meta as an AI leader, contrasted with Jim Cramer’s critique that “Meta’s lost its way.”
- Meta’s shares trade around 20–21 times forward earnings compared with Alphabet near 29.5, according to the reporting.
- Analysts referenced in the coverage expect faster 2025 revenue growth for Meta than Alphabet, roughly 21.3% versus 14.4%.