Overview
- Meta posted a robust third quarter with revenue up 26% year over year to $51.2 billion, daily active users rising 8% to 3.54 billion, and guidance pointing to roughly 19% growth in Q4.
- The company said AI recommendations lifted engagement, with about 5% more time spent on Facebook and 10% more on Threads.
- Management raised 2025 capital expenditure guidance to $70–$72 billion and flagged a notably larger outlay in 2026, with reporting suggesting total 2026 spending could exceed $100 billion.
- Shares fell after earnings as investors balked at the heavier investment plans and a one-time noncash tax expense that weighed on reported profit.
- Recent pieces frame the pullback as a buying opportunity, including a Yahoo Finance opinion predicting a possible stock split by 2030 and Jim Cramer voicing confidence in Mark Zuckerberg’s strategy.