Meta Platforms Stock: Down About 17% in 6 Months, Is This a Good Buy-the-Dip Moment?

Meta reported Q4 revenue of nearly $60.0 billion, up 24% year over year. Management expects 2026 capital expenditures of $115–$135 billion, signalling substantial investment that could weigh on near-term free cash flow. The top-line growth supports earnings momentum, while the large capex range increases execution and cash-flow risk for investors.

Analysis

Meta reported Q4 revenue of nearly $60.0 billion, up 24% year over year. Management expects 2026 capital expenditures of $115–$135 billion, signalling substantial investment that could weigh on near-term free cash flow. The top-line growth supports earnings momentum, while the large capex range increases execution and cash-flow risk for investors.