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home / news releases / META - Meta: The Market Is Wrong About AI CapEx

META - Meta: The Market Is Wrong About AI CapEx

Meta Platforms Inc

2024-05-10 03:22:48 ET

Summary

  • Meta delivered staggering Q1 performance, with robust growth across all critical business and financial metrics.
  • The market's negative reaction to the increased CapEx guidance overlooks the fact that not investing in AI poses a greater risk than investing in it.
  • A discounted cash flow model suggests Meta's fair share price is $567, indicating a 20% upside potential.

Introduction

For further details see:

Meta: The Market Is Wrong About AI CapEx
Stock Information
Company Name: Meta Platforms Inc
Stock Symbol: META
Market: NASDAQ
Website: facebook.com
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