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AI & capex in focus for Meta this week: Here's what to expect
CNBC Television· 2026-07-27 15:00
Meta's capex spending and how it plans to justify all that investment is the hot topic for its earnings this coming Wednesday. Meta is forecasting 125 billion to 145 billion in capex this year. That's a range it raised by 20 mil billion dollar in its most recent earnings.Now several analysts are forecasting that the company will further increase its capex in 2027. Wells Fargo is the highest estimate we've seen with a forecast of $247 billion for 2027. That raises pressure on what Zuckerberg is going to say ...