Meta Guides Q4 Revenue to $73–$76B, Bans TikTok Ads, Boosts 2026 Capex
META sits 38% above its 52-week low of $520.26.
Summary
Meta's Q4 revenue guidance of $73–$76 billion is near or slightly above consensus, and Q3 adjusted EPS is expected around $6.26. The company is banning ByteDance ads and TikTok links across Facebook and Instagram in seven countries, a competitive move against a rival. Analysts expect 2026 capital spending to rise by $5–$10 billion from prior guidance of $130–$145 billion, driven by AI and monetization investments. Muse AI has surpassed 5 million downloads and hit No.1 on the U.S. App Store, and Meta is issuing global bonds including 100-year notes to fund AI projects. The stock has jumped about 31% from Aug 21 to Oct 7, reflecting strong momentum around AI initiatives. Earnings are due Oct 28, 2026.
At the time of this announcement, META was trading at $719.42 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.8T. The 52-week trading range was $520.26 to $779.82. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.