How Rational Investing - Cameron Stewart, CFA’s view on $META changed

2026-08-12Bullish
“The Best Tech Stock to Buy Now: Microsoft vs Meta vs Apple!”
Market overreaction to Meta's capex creates a buy opportunity at 13.5x EBITDA given the strength of the core ad business.

Um, we discussed Microsoft. Meta's beat. Meta had $60 billion of revenue in the quarter, up 28% year-over-year. That is a huge beat. Um, $6.18 earnings, missed earnings, down pre-market. I said that sounded like a shame to me.

Uh, let's see. Revenue for Meta E. So revenue was beat. We discussed EPS missed by 14 and a.5% and net income fell 14% year-over-year. Um the cash flow free cash flow this is saying this this recap cash flow collapsed to 784 million against $ 31 billion of quarterly capex.

Okay, I don't like how Colott is phrasing that free cash flow collapsed to 784 billion against 31 billion. It means they spent a lot of money in capex is what that means. That's near zero cash generation for the company.

Fullyear guidance for capex is 160 to $145 billion.