Meta Platforms (META)

Outperform Recap: Q1 2026

Fastest Growth Since 2021 Gets Punished as Capex Ceiling Moves Up Again — Sell-Off Hands Long-Term Investors a Better Entry

Hold Flashcap: Q1 2026

Capex Bill Comes Due: Top Line Beats and FoA Rips +33%, but FY26 Capex Raised $10B, Buybacks Zeroed, and DAP Misses — Stock -7% AH

Hold Recap: Q4 2025

Spending Bombshell Lands, Stock Rallies Anyway — Maintaining Hold as the OI-Growth Pledge Anchors a Larger Bet

Hold Recap: Q3 2025

Strong Quarter, Bigger Bet — Downgrading to Hold as 2026 Spending Outruns the ROI Evidence

Outperform Recap: Q2 2025

Superintelligence Pivot Lands With a 22% Revenue Print to Back It Up — Now the Capex Bill Comes Due

Outperform Recap: Q1 2025

AI Investment Cycle Starts to Pay Out — But Zuckerberg Just Raised the Ante on Capex