Is Meta Still a Buy at Current Valuation?
Like many other technology companies, Meta Platforms, Inc. (NASDAQ: META) has been investing heavily in artificial intelligence (AI).Together with the release of its financial results for fiscal year 2025 (FY2025), the company outlined plans for even larger AI-related spending in 2026. Although Meta’s core advertising business continues to generate strong cash flows, the company’s rising capital intensity has shifted the investment debate.Now, the question is whether Meta’s valuation still offers compelling ...