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Meta Platforms
S&P 500 Nasdaq 100
$1.43T
Market Cap
28.1
P/E
1.35
PEG
26.8%
ROCE
30.2%
ROE
0.38
D/E
41.4%
OPM
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🌏 Global Investor Returns
Currency-adjusted total returns for META including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
Shareholding
About

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally.

Key Ratios Snapshot
📊 Sector Averages
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding META
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Manager Shares Value % of Fund Period
Daniel Loeb Third Point LLC 90.0K $51.5B 2.47% Mar 2026
Tiger Global Management Tiger Global Management LLC 3.09M $1.8B 7.73% Mar 2026
Bill Ackman Pershing Square Capital Management 2.66M $1.5B 11.10% Mar 2026
Andreas Halvorsen Viking Global Investors 1.06M $607.9M 1.70% Mar 2026
Jeff Ubben ValueAct Holdings 915.7K $523.9M 9.17% Mar 2026
Steve Cohen Point72 Asset Management 908.3K $519.6M 0.67% Mar 2026
David Tepper Appaloosa LP 436.5K $249.7M 4.21% Mar 2026
Jim Simons Renaissance Technologies LLC 253.4K $145.0M 0.23% Mar 2026
Cathie Wood ARK Investment Management 154.0K $88.1M 0.69% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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3-Statement Financial Model
Bear / Base / Bull projections · DCF fair value · Reverse-DCF
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🎙 Management Tone Mixed → Stable 4 quarters Full tone analysis in Intelligence →
Good quarter Investor Presentation One-Pager? Q1 2026
Revenue
$56.3B
+33% YoY
Operating Income
$22.9B
+30% YoY
Operating Margin
41%
0pp YoY
Net Income
$26.8B
+61% YoY
What Went Right
  • Revenue grew 33% to $56.3B, ad impressions up 19% and average price per ad up 12%.
  • Meta AI sessions per user saw double-digit percent increases after Muse Spark rollout.
  • Business AIs weekly conversations grew 10x since start of year to over 10 million.
What to Watch
  • Family DAP declined slightly QoQ due to Iran internet outages and Russia WhatsApp restriction.
  • CapEx guidance raised to $125-145B citing higher component costs and future data center needs.
  • Planned headcount reduction in May to offset substantial infrastructure investments.
Management Guidance
  • Q2 2026 revenue guidance: $58-61B, with ~2% FX tailwind.
  • Full year 2026 expenses unchanged at $162-169B; CapEx raised to $125-145B.
  • Expect 2026 operating income above 2025; tax rate for remaining quarters 13-16%.
Investor Lens
The call reaffirms Meta's aggressive AI investment thesis with strong execution in core ads and scaling of AI products like Meta AI and business agents. Revenue growth remains robust, but the increased CapEx and flat operating margin highlight near-term cost pressure. Long-term optimism is driven by product momentum and the potential to monetize personal and business agents, though regulatory and cost risks are mounting. Overall, the thesis is stronger given clear product-market fit, but investors should watch cost discipline and ROI on infrastructure.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Strong quarter with 33% revenue growth and AI product scaling.
Revenue
Total revenue was $56.3B, up 33% YoY (29% on constant currency). Family of apps ad revenue of $55B also grew 33%, driven by 19% impression growth and 12% higher average price per ad.
Profitability
Net income was $26.8B, up 61% YoY, but included an $8.03B tax benefit. Absent that, net income would have been $18.7B ($7.31 EPS). Operating income grew 30% to $22.9B.
Margins
Operating margin was flat at 41% as costs rose 35% due to infrastructure and employee compensation. Revenue growth outpaced cost growth slightly.
Balance Sheet
Cash and marketable securities stood at $81.2B with $58.7B in debt. Q1 CapEx was $19.8B; full-year guidance raised to $125-145B. Free cash flow was $12.4B.
Key Risks
CapEx increase driven by higher component costs and data center buildout. Active legal and regulatory risks in the EU and US, including youth-related trials. Planned headcount reduction in May to offset cost pressures.
Outlook
Q2 2026 revenue expected $58-61B; full-year expenses unchanged at $162-169B. CapEx raised to $125-145B, and operating income expected above 2025.
Generated by AI · Q1 2026 results · Not investment advice
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📊 Analysis Methodology

This comprehensive investment analysis was conducted using The Finmagine™ Stock Analysis & Ranking Methodology, a proprietary framework that systematically evaluates stocks across five critical dimensions: Financial Health, Growth Prospects, Competitive Positioning, Management Quality, and Valuation.

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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

⚠️ Important Disclaimers — Please read without fail.

Investment Risk:
Investing in securities, including US equities and ETFs, involves inherent risks including the potential loss of principal. All investments are subject to market fluctuations, economic conditions, regulatory changes, and other factors that may affect their value. Past performance is not indicative of future results. This analysis is provided for informational and educational purposes only and should not be construed as investment advice under any circumstances.

No Investment Recommendation:
This analysis does not constitute, nor should it be interpreted as, an offer, solicitation, or recommendation to buy, sell, or hold any securities or financial products. Investors are strongly advised to conduct their own independent research and due diligence and to consult with a licensed financial advisor or an SEC-registered investment adviser before making any investment decisions, taking into account their individual financial situation, risk tolerance, and investment objectives.

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Conflict of Interest Disclosure:
The author and/or analyst may currently hold or have previously held positions in the securities discussed. Any such positions are not intended to influence the objectivity or independence of the analysis. This research is produced independently and is not sponsored, endorsed, or commissioned by any company or institution.

Information Sources:
The analysis is based on publicly available information including SEC filings (10-K, 10-Q), annual reports, management commentary, and publicly available financial data. Information is believed to be accurate as of the date of publication but may be subject to change without notice. Readers are encouraged to independently verify all information before acting upon it.

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