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META trades well below its 52-week high, but AI-driven ad conversions rising 16% and 89 bullish **** yst ratings support a $790 price target.
META's forward P/E of ~15 undercuts Alphabet and Amazon at 17 and 22 respectively, yet META's 28% ad revenue growth outpaces Alphabet's 24%.
Meta's CapEx guidance of between $130 billion and $145 billion crushed Q2 free cash flow to $784 million, down from $8.6 billion a year earlier.
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Meta (NASDAQ:META) has spent 2026 climbing out of a hole. The stock is down 12.2% year to date and down 21.43% over the past year, but Mark Zuckerberg's Q2 message was unambiguous: "AI is accelerating our core business today, powering our next generation of products, and opening the door to entirely new enterprise opportunities."

#meta #down #alphabet #amazon
10 days ago

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