Despite Meta Platforms stock declining 1.00% to $699.35 amid a broader technology sector selloff driven by macro uncertainty and AI sector concerns, JPMorgan maintained its Overweight rating, citing strong fundamentals and Q1 momentum.
- JPMorgan reaffirmed an Overweight rating and set an $825 price target, projecting 25.5% revenue growth for 2026.
- The company plans aggressive 2026 capital expenditures of $115-$135 billion to support its ongoing AI initiatives.
- Management expressed confidence in delivering operating income above 2025 levels, following 24% revenue growth reported in Q4.