Meta Q2 Earnings Preview: $60.2B Revenue Expected, AI Spending in Focus
META is trading near its 52-week low of $520.26 (14% above the low) on light trading volume (0.3× avg).
Summary
Meta reports Q2 results Wednesday after the close, with FactSet consensus at $60.22B revenue and $7.19 EPS — up sharply from $47.52B and $7.14 a year ago. The stock is down 11% over three months, reflecting market anxiety over the company's aggressive AI infrastructure spending. This follows a series of high-impact events: a Q1 earnings beat that still triggered a 10% drop, a capex forecast raised to $145B, and a major layoff. The key question is whether Meta can show that its AI investments are translating into tangible ad revenue growth. Analysts from Benchmark and Wedbush are split — Benchmark wants hard numbers on compute capacity, while Wedbush sees AI-driven ad improvements already delivering. The report will be a critical test of whether the spending narrative can support the stock.
At the time of this announcement, META was trading at $593.21 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $520.26 to $796.25. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.