META — Meta Platforms Stock Fact Sheet
Last updated: May 21, 2026 · ← Back to Stock Fact Sheets
NASDAQ: META
Meta Platforms, Inc.
Social media & AI · Menlo Park, CA · CEO: Mark ZuckerbergLive price: Yahoo Finance →
Q1 2026 data · Apr 29, 2026
Q1 revenue
$56.3BRevenue growth
+33% YoYAdj. EPS
$7.31Op. margin
41%Daily active users
3.56BAd revenue
$55.0B2026 capex (raised)
$125–145BQ2 guide
$58–61BCompany snapshot
| Market cap | ~$1.5T |
| Gross margin | 82% |
| Ad impressions growth | +19% YoY |
| Reality Labs loss | ~$19B/yr |
| FY26 EPS est. | $32.81 |
| 52-wk high | $796 |
| Sell ratings | 0 (zero) |
Analyst targets
| Morningstar FV | $850 |
| TD Cowen | $820 |
| Consensus avg. | $827 |
| Buy ratings | 61 of 67 |
| Consensus rating | Strong Buy |
↗ Bull case
- Revenue +33% with 41% operating margin maintained
- 3.56B daily active users — largest social network
- Zero analyst sell ratings — universal institutional backing
- Reels time spent +10% on Instagram (Q1)
- MTIA Gen 2 chips (with Broadcom) now in production
- WhatsApp Business AI: 10M conversations/day
↘ Bear case
- Capex raised to $125–145B — stock fell 6% on announcement
- Reality Labs losing ~$19B/yr with no clear path to profit
- Regulatory & antitrust pressure (FTC antitrust trial ongoing)
- $58B long-term debt (doubled YoY)
- Stock down ~23% from $796 52-wk high
For informational purposes only. Not investment advice. Financials as of May 21, 2026. Check live quote for current price.
Meta Platforms, Inc. (META) — Company Overview
Meta Platforms, Inc. (NASDAQ: META) is the world’s largest social media company by daily active users, headquartered in Menlo Park, California and led by CEO and founder Mark Zuckerberg. Meta’s Family of Apps — Facebook, Instagram, WhatsApp, and Messenger — reached 3.56 billion daily active people in Q1 2026. The company’s business model is built on advertising, generating $55 billion in ad revenue in Q1 2026 alone at an 82% gross margin. Meta is in the midst of its most aggressive investment cycle ever, committing $125–$145 billion in 2026 capital expenditures — primarily for AI data centers, computing infrastructure, and Llama model development. Reality Labs, Meta’s VR/AR division, continues to lose approximately $19 billion per year as the company bets on the metaverse as a long-term platform shift.
Q1 2026 Earnings: Beat on Revenue, Stock Fell on Capex Raise
Meta reported Q1 2026 results on April 29, 2026. Revenue of $56.31 billion beat the $55.52 billion consensus, up 33% year-over-year. Adjusted EPS of $7.31 beat the $6.65 consensus by 9.6%. Operating margin held at 41% despite costs rising 35% year-over-year — a signal of strong operating leverage. Ad impressions grew 19% and average price per ad grew 12%. The stock fell 6-7% after hours, not on the results, but because Meta raised its 2026 capex guidance from $115–$135 billion to $125–$145 billion. Q2 2026 revenue was guided to $58–$61 billion, implying continued 30%+ growth.
The AI Investment Thesis
Meta’s $125–$145 billion capex commitment is the largest single-company AI infrastructure bet in history. The thesis is that AI improves ad targeting (higher revenue per impression), powers Reels recommendation (higher engagement, higher ad load), and enables WhatsApp Business monetization at scale (10 million AI conversations per day as of Q1). The MTIA Gen 2 chip — developed with Broadcom — is now in production, giving Meta a custom silicon path that reduces GPU dependency and long-term compute costs. Full-year 2026 operating income is guided above 2025 levels despite the capex surge, suggesting management believes the AI investment is already generating operating leverage, not just future optionality. Zero analyst sell ratings and a consensus target of $827 reflect broad institutional conviction that the capex cycle will pay off.
Related Coverage on FactSheets.com
For informational purposes only. Not investment advice. Data as of May 21, 2026.
