Meta: Growth Solid, Innovation Costs Mounting

Core Insights - Meta Platforms (META) has experienced a decline of approximately 10% since May 2025, while the S&P 500 has increased by around 12% during the same period [1]. Company Analysis - The analysis indicates a Hold view on Meta Platforms, suggesting a cautious stance on the stock's performance in the near term [1]. - The focus of the analysis is on equity valuation, market trends, and portfolio optimization, aiming to identify high-growth investment opportunities [1]. Analyst Background - The analyst has over 20 years of experience in quantitative research, financial modeling, and risk management, with a strong emphasis on fundamental and technical analysis [1]. - Previous experience includes a role as Vice President at Barclays, leading teams in model validation and stress testing, which contributes to a deep expertise in financial analysis [1]. - The research is co-authored with a partner, combining complementary strengths to provide data-driven insights [1].