Meta's $125 Billion AI Push Is Turning Heads on Wall Street

Meta raised its 2026 capital expenditures outlook to $125B–$145B from the prior $120B–$135B range. The $5B–$10B increase at the low and high ends signals heavier reinvestment going into 2026 following its April 29 Q1 results, which may support growth expectations despite higher spending.

Analysis

Meta raised its 2026 capital expenditures outlook to $125B–$145B from the prior $120B–$135B range. The $5B–$10B increase at the low and high ends signals heavier reinvestment going into 2026 following its April 29 Q1 results, which may support growth expectations despite higher spending.