Why another shocking Meta capex number may keep the stock underwater - Yahoo Finance
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- Meta Platforms slipped below $600 before Wednesday's report and now trades at about 22 times earnings.
- Analysts warn another shocking capex number could keep the stock underwater heading into the Q2 release.
Why it matters: At roughly 22 times earnings, Meta commands a premium multiple heading into the report, meaning any capex disappointment directly threatens the multiple — investors buying ahead of the print are betting Meta clears a high bar on its spending plans.
