Meta Platforms posted a negative free cash flow of $2.12 billion in Q3 2026, the first since its 2012 IPO, driven by $34.91 billion in capital expenditures mainly for AI infrastructure. Despite generating $32.79 billion in operating cash, the company's heavy investment in AI and data centers outpaced cash inflows, raising concerns about future funding as debt now matches cash reserves. Revenue grew 26% to $64.6 billion, supported by ad price and impression increases, but operating margins fell due to a large legal charge. Meta has yet to finalize its 2027 budget, and investors will watch Q4 results closely to see if revenue growth can keep pace with spending.
Following Meta's first negative free cash flow since its IPO due to heavy AI investments, the stock is down 5.56% on Pluang as of Oct 22, 2026 21:02 WIB. META shares trade at USD 658.72, below their 52-week high of USD 777.59, with a market cap of $1.78 trillion. Investor interest remains strong with 68% of order activity on Pluang being buys, reflecting continued confidence despite recent spending concerns.
Scotiabank analyst Nat Schindler set a $650 price target for Meta Platforms, about 6.8% below its then-current price of $697.52. Despite Meta's strong revenue from Facebook, Instagram, and WhatsApp, investor concerns over increased artificial intelli...
Meta Platforms' ad revenue growth is now driven mainly by price increases, with impression growth nearly halving over three quarters, increasing recession risk. The company launched Muse, an AI agent enabling 'pull' advertising where users specify wh...
The NYSE pre-market update on October 22, 2026, highlighted Xona's recent $2.45 billion valuation following a successful satellite launch, with CEO Brian Manning set to discuss capital allocation on NYSE Live. The update also covered F&G's survey rev...
AMD continues to impress with robust revenue growth, especially in its data center segment, which grew 107% year-over-year to $6.7 billion in Q2 FY2026. The company benefits from major AI partnerships with OpenAI, Meta, and Anthropic, shipping integr...
Meta Platforms is issuing a new class of non-voting shares to fund its heavy AI-related capital expenditures, indicating financial pressure and potential dilution for current shareholders. The company's shrinking free cash flow and capital spending n...
