Meta Platforms stock evaluated as buy amid soaring revenue.
Context
What happened: Meta reported Q3 revenue growth of 26% to $64.6 billion, beating the $63.37 billion consensus, and issued Q4 revenue guidance of $73 billion to $76 billion.
Key numbers: Q3 revenue $64.6 billion, up 26%. Adjusted EPS $7.40 vs $5.75 consensus. Ad revenue $63.1 billion, up 26%. Reality Labs revenue $443 million, down 6%, operating loss $4.1 billion.
Why it matters: The article argues Meta's AI use in advertising and its Muse AI agents support growth, and that the stock is attractively valued, though it notes a post-earnings sell-off left shares roughly breakeven on the year.
Coverage: 4 outlets in 24h