Riley Griffin / Bloomberg : Meta expects its 2026 capex to be $135B-$145B, vs. $130B-$145B previously, and forecasts Q4 revenue of $73B-$76B, vs. $73.6B est.; META jumps 3%+ after hours — Meta Platforms Inc. boosted its capital spending outlook and announced plans to create a new class of nonvoting stock …
Meta expects its 2026 capex to be $135B-$145B, vs. $130B-$145B previously, and forecasts Q4 revenue of $73B-$76B, vs. $73.6B est.; META jumps 3%+ after hours (Riley Griffin/Bloomberg)
In short
Meta Platforms Inc. has revised its 2026 capex forecast to $135B-$145B, up from $130B-$145B, and its Q4 revenue forecast to $73B-$76B, up from $73.6B. The company's stock price has surged by 3%+ after hours following the announcement.
Key points
- Meta Platforms Inc. has revised its 2026 capex forecast to $135B-$145B.: Meta Platforms Inc. has revised its 2026 capex forecast to $135B-$145B.
- The company's Q4 revenue forecast has been revised to $73B-$76B.: The company's Q4 revenue forecast has been revised to $73B-$76B.
- Meta Platforms Inc.'s stock price has surged by 3%+ after hours.: Meta Platforms Inc.'s stock price has surged by 3%+ after hours.