Meta's revenue forecast of $61-64 bn for Q3 was below market expectations

11:17 - 30.07.2026


July 30, Fineko/abc.az. Meta's revenue forecast of $61-64 bn for the 3rd quarter fell short of the average expectations of Wall Street analysts ($63.2 bn), and large-scale spending on artificial intelligence infrastructure increased investor concern.

Key indicators:

• AI investments: The company is actively channeling advertising revenue to fund data centers and the development of AI devices, including smart glasses.

• Capital expenditures forecast: Meta has narrowed its capital expenditures forecast for the current year to $130–145 bn (previously expected to be $125–145 bn).