Meta Shares Slide as AI Spending Target Climbs to $145 Billion
Meta Platforms shares were down nearly 10% in premarket trading after the company raised its 2026 capital-expenditure guidance by $10 billion to $125 billion-$145 billion, even as it beat consensus on first-quarter revenue and second-quarter guidance and reported revenue growth of 33% to $56.3 billion.
JPMorgan downgraded Meta to neutral from overweight and cut its price target to $725 from $825, saying intensifying AI competition leaves the company with a tougher path to returns on heavy spending beyond advertising. Meta's chief financial officer said the company continues to underestimate AI compute demand, and the company moved ahead with an investment-grade bond sale for as much as $25 billion that drew peak demand of about $96 billion. Ad impressions rose 19% in the quarter and average price per ad increased 12%.
From the sources (25 posts)
@thetranscript_RT @TheTranscript_: Meta CEO: "We had a milestone quarter with strong momentum across our apps and the release of our first model from Meta…
@wallstengineJPMorgan Downgrades $META to Neutral from Overweight, Lowers PT to $725 from $825 Analyst comments: "We believe full-stack AI competition is intensifying and Meta has a more challenging path to returns on heavy AI capex beyond advertising.
@cnbcMeta Platforms gets a downgrade from JPMorgan on massive AI spending forecast
@cnbcStocks making the biggest moves premarket: Meta, Eli Lilly, Caterpillar, Amazon & more
@thetranscript_RT @TheTranscript_: $META CFO: Meta continues underestimating AI compute demand "Our experience so far has been that we have continued to…
@zerohedge*META KICKS OFF SIX-PART US HIGH-GRADE DEBT SALE AFTER EARNINGS gotta pay for capex with debt now that FCF is negative
@businessMeta is tapping the investment-grade bond market again, six months after raising $30 billion in one of the market’s biggest-ever corporate debt deals, as the Facebook parent boosts spending on data centers and artificial intelligence. https
@stockmktnewzMeta Platforms $META just confirmed it plans to raise money by selling investment-grade debt "Initial price discussions for the longest portion of the deal — a note maturing in 2066 — are for a premium of as much as 1.8 percentage point ab
@financialjuice🔴 Meta looks to raise as much as $25 billion from a bond sale. $META
@wallstengine$META LOOKS TO RAISE AS MUCH AS $25B FROM BOND SALE - BBG
@eric_seufertDespite beating consensus on Q1 revenue and Q2 guidance in its earnings release last night, Meta's stock is trading down nearly 10% pre-market this morning. Meta has proven that its AI investments into content and ads ranking have delivere
@stocksavvyshay$META confirmed plans to sell investment-grade debt and could raise as much as $25B through the bond sale. Initial pricing discussions for the longest 2066 notes are around 1.8 percentage points above Treasuries.
@polymarketmoney$META CONFIRMS PLANS TO RAISE UP TO $25B THROUGH INVESTMENT-GRADE DEBT
@nolimitgains🚨 META extends losses to 9%
@stockmktnewzJPMorgan today downgraded Meta Platforms $META to Neutral down from Overweight while lowering its price target to $725 down from $825
@charliebilelloRT @charliebilello: Meta's Reality Labs unit lost another $4 billion in Q1, bringing its cumulative losses since 2020 up to $83 billion. We…
@businessMark Zuckerberg lacks the cloud-computing business to truly justify Meta's AI spending, @DaveLeeBBG says (via @opinion)
@kalshiJUST IN: Meta to raise $25 billion with bond sale
@kimmonismusFor the first time ever, Meta lost daily active users. The "Family daily active people" metric dropped by 20 million in Q1 2026, falling from 3.58b to 3.56b. Meta blames internet disruptions in Iran and Russia's WhatsApp ban, but here's th
@vestexchangePost-earnings repositioning has $META down ~7% into the open, with Meta lifting 2026 AI spend to $125B–$145B despite $56.31B in Q1 revenue and a 41% operating margin. Debate centers on whether $META margins hold as capex scales toward a Q2
@stockmktnewz$META is starting trading today down by 10% 🔴🔴🔴🔴🔴🔴🔴🔴🔴🔴
@barchart$META getting absolutely pounded, a total market cap loss of $170 Billion 📉📉 And kiss that 200-day moving average goodbye 🫡
@stocksavvyshay$META DOWN OVER 10% TODAY
@negligible_cap*META SHARES EXTEND DECLINE TO MORE THAN 10%, MOST SINCE OCTOBER $META now trading sub 20x forward earnings
@theinsiderpaperBREAKING: Meta shares plummet near 10% after earnings, Google skyrockets