I Don’t Like to Bet Against Meta (META) CEO Mark Zuckerberg, Says Jim Cramer

Core Viewpoint - Meta Platforms, Inc. (NASDAQ:META) has shown resilience with a year-to-date share increase of 10.7%, despite a significant dip of 11% in late October following disappointing market reactions to its fiscal third-quarter earnings report [2]. Financial Performance - Meta reported $51.24 billion in revenue and $7.25 in earnings per share, both exceeding analyst expectations [2]. - The company announced a capital expenditure guidance for 2025, projecting spending between $70 billion and $72 billion, which is higher than the previous guidance of $66 billion [2]. Market Reactions - The stock experienced its worst day in three years post-earnings release, primarily due to the unexpected capital expenditure guidance [2]. - Wedbush adjusted its price target for Meta's shares from $920 to $880 while maintaining an Outperform rating, citing concerns over margin contraction in 2026 [2]. Analyst Opinions - Jim Cramer expressed confidence in Meta's CEO, Mark Zuckerberg, stating that he does not like to bet against him and believes the company can compete effectively in the market [3]. - Despite acknowledging Meta's potential, there is a belief that certain AI stocks may offer better returns with lower risk [3].