Meta Platforms Inc Class A
META: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| cWy | LOCK|Mj? | LOCK|J!?q!kW |
Meta Earnings: Ad Revenue Momentum Is Strong, but an Avalanche of AI Costs Are Coming in 2026
Meta reported solid third-quarter earnings, with sales up 26% to $51 billion and operating margins contracting 300 basis points to 40%, as artificial intelligence-related costs rose year over year. The firm indicates that its capital expenditures, mostly on AI, will be over $100 billion next year.
