2026 Q2 -tulosraportti
14 päivää sitten
‧1 t 3 min
0,525 USD/osake
Viimeisin osinko
0,35%Tuotto/v
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 28.10. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 29.7. | ||
Vuosittainen yhtiökokous 2026 27.5. | ||
2026 Q1 -tulosraportti 29.4. | ||
2025 Q4 -tulosraportti 28.1. | ||
2025 Q3 -tulosraportti 29.10.2025 |
Asiakkaat katsoivat myös
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
·1 päivä sittenAfter the Q2 reports, we are starting to see clearer signs that Big Tech's enormous AI investments are actually beginning to yield results. Microsoft Azure grew 43 % and Google Cloud a full 82 % YoY, while AWS increased revenue by 37 %. This strengthens the thesis that the high capex is not just a cost, but is starting to transform into strong growth in cloud and AI. Meta, however, is still in the investment-heavy phase. Q2 revenues increased strongly by 28 % to 60.8 billion dollars, but capex simultaneously amounted to a full 31.1 billion dollars. This caused free cash flow to fall to only 784 million dollars. The operating margin also fell from 43 % to 31 %, even though the result was burdened by, among other things, legal costs and severance payments. The interesting thing, therefore, is that Meta's underlying business is still growing strongly while the company is building up its AI infrastructure. Ad impressions increased 14 % and the average price per ad rose 12 %, which shows that the core business still has good momentum. My thesis is therefore that Meta could be in a similar investment phase to what Microsoft, Google, and Amazon have been in: cash flow is short-term pressured by enormous capex, but if the investments lead to higher engagement, better advertising, and new AI revenues, the return could come later. Therefore, I think Meta becomes particularly interesting if the stock trades around 18–20x future earnings. The big risk, however, is that the AI investments do not generate a sufficiently high return to justify the significantly increased capital base.
·2 päivää sittenFrom ChatGPT I estimate the probabilities approximately at 20 % bear / 55 % base / 25 % bull. Wall Street is also relatively bullish: a current average from 39 analysts is around $812, with a range from $622 to $1,015. Why I am still positive Meta actually delivered a very strong top line in Q2: * Revenue: $60.8 billion * Growth: +28 % * Ad impressions: +14 % * Price per ad: +12 % * 3.60 billion daily users in Family of Apps * AI is already improving the ads' effectiveness. The interesting thing is that AI is not just a future story at Meta. AI is already helping the existing ad business with targeting, recommendations, and pricing. But here lies the big risk Meta spends extremely much on AI infrastructure. 2026 CapEx is now expected at $130–145 billion. That is enormous. Q2 alone Meta had CapEx of $31.1 billion, while free cash flow was only $784 million. In my opinion, that is the most important thing to keep an eye on for the next year. If Meta can show: "We are spending $130–145 billion, but the investment yields higher ad revenues and stronger earnings" then the stock can easily move towards $900–950. If the market, on the other hand, starts to think: "Meta is spending enormous amounts on AI, but the return is not coming fast enough" then the stock could well fall towards $580–620. My $820 price target I actually think $820 is more interesting than $900 as a professional base-case target. That roughly corresponds to Wall Street's average valuation and does not require Meta to get an extreme AI premium. At the same time, there are already analysts around $775–835, while some bullish valuations are higher. My conclusion I would be a buyer of META at the current level, but not go all-in. If you already own the 12 Meta shares you previously mentioned, I would personally hold them. My expected 12-month return in the base case is approximately +20–25 %, and I think the risk/return looks better than many other megacap tech stocks right now. My most important level: 🎯 $820 Bull: $950 Bear: $580 Base: $820 The next truly decisive point will be whether Meta can make earnings grow faster than AI expenses in the coming quarters. That is where I believe the next big price movement will be decided.
·3 päivää sittendo we hit 650 before 2027?
2 päivää sittenProbably not, EPS will be too low next quarter due to AI and legal fees. Still a strong buy if your holding period is over 2 years. 2027 is when it is estimated that EPS growth reaccelerates.
·6.8.To someone who considers META a sell right now: Could I get an explanation as to why you view the stock negatively? What is the biggest concern? What do you think people like me have missed? Genuinely interested!
I am short on META currently. why? Fundamentally: Capex guidance raised 2x in a row (now 135-145 bn. USD). FCF plummeted from 12,4 bn. to 784 mn. USD in one quarter (-93%). Operating margin fell from 43% to 31% YoY. EPS miss of 14% despite revenue beat. The hidden debt: 80+ bn. USD in new debt since Oct. 2025 – of which 41 bn. USD off-balance-sheet via joint ventures (Hyperion/Blue Owl, El Paso/BlackRock), where Meta only owns 20% but controls everything. Their own auditor (EY) flagged it as "critical audit matter", triggered Senate scrutiny. Bond spreads rise with each new issuance, Hyperion bonds trade below par. The lawsuits – already lost, not just risk: New Mexico: jury found Meta liable for 75.000 violations, 375 mn. USD in fines (March) + an additional 567 mn. USD for "public nuisance" (August) = 942 mn. USD lost in one case alone California-bellwether: 6 mn. USD lost in March (appealed) Appeals court rejected Meta's attempt to stop it all on Monday – over 3.000 lawsuits can now proceed New major case with 29 state attorneys general started this week, Zuckerberg is expected to testify Meta itself states potential total claims up to 1,4 trillion USD (unrealistic in practice, but emphasizes the scale) No plan B: Google/Microsoft can sell excess AI capacity via cloud. Meta has nothing similar. I don't think Meta will go bankrupt – the advertising segment is still growing 28% YoY. But the market, in my opinion, underestimates the combined risk: spending without proven return, a debt that looks better than it is, and a wave of lawsuits that now actually cost money, not just threats. In the worst case, it's a bit like Enron in 2001.
·5.8.Will go over $1000. Just sit and wait here!
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
2026 Q2 -tulosraportti
14 päivää sitten
‧1 t 3 min
0,525 USD/osake
Viimeisin osinko
0,35%Tuotto/v
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·1 päivä sittenAfter the Q2 reports, we are starting to see clearer signs that Big Tech's enormous AI investments are actually beginning to yield results. Microsoft Azure grew 43 % and Google Cloud a full 82 % YoY, while AWS increased revenue by 37 %. This strengthens the thesis that the high capex is not just a cost, but is starting to transform into strong growth in cloud and AI. Meta, however, is still in the investment-heavy phase. Q2 revenues increased strongly by 28 % to 60.8 billion dollars, but capex simultaneously amounted to a full 31.1 billion dollars. This caused free cash flow to fall to only 784 million dollars. The operating margin also fell from 43 % to 31 %, even though the result was burdened by, among other things, legal costs and severance payments. The interesting thing, therefore, is that Meta's underlying business is still growing strongly while the company is building up its AI infrastructure. Ad impressions increased 14 % and the average price per ad rose 12 %, which shows that the core business still has good momentum. My thesis is therefore that Meta could be in a similar investment phase to what Microsoft, Google, and Amazon have been in: cash flow is short-term pressured by enormous capex, but if the investments lead to higher engagement, better advertising, and new AI revenues, the return could come later. Therefore, I think Meta becomes particularly interesting if the stock trades around 18–20x future earnings. The big risk, however, is that the AI investments do not generate a sufficiently high return to justify the significantly increased capital base.
- ·2 päivää sittenFrom ChatGPT I estimate the probabilities approximately at 20 % bear / 55 % base / 25 % bull. Wall Street is also relatively bullish: a current average from 39 analysts is around $812, with a range from $622 to $1,015. Why I am still positive Meta actually delivered a very strong top line in Q2: * Revenue: $60.8 billion * Growth: +28 % * Ad impressions: +14 % * Price per ad: +12 % * 3.60 billion daily users in Family of Apps * AI is already improving the ads' effectiveness. The interesting thing is that AI is not just a future story at Meta. AI is already helping the existing ad business with targeting, recommendations, and pricing. But here lies the big risk Meta spends extremely much on AI infrastructure. 2026 CapEx is now expected at $130–145 billion. That is enormous. Q2 alone Meta had CapEx of $31.1 billion, while free cash flow was only $784 million. In my opinion, that is the most important thing to keep an eye on for the next year. If Meta can show: "We are spending $130–145 billion, but the investment yields higher ad revenues and stronger earnings" then the stock can easily move towards $900–950. If the market, on the other hand, starts to think: "Meta is spending enormous amounts on AI, but the return is not coming fast enough" then the stock could well fall towards $580–620. My $820 price target I actually think $820 is more interesting than $900 as a professional base-case target. That roughly corresponds to Wall Street's average valuation and does not require Meta to get an extreme AI premium. At the same time, there are already analysts around $775–835, while some bullish valuations are higher. My conclusion I would be a buyer of META at the current level, but not go all-in. If you already own the 12 Meta shares you previously mentioned, I would personally hold them. My expected 12-month return in the base case is approximately +20–25 %, and I think the risk/return looks better than many other megacap tech stocks right now. My most important level: 🎯 $820 Bull: $950 Bear: $580 Base: $820 The next truly decisive point will be whether Meta can make earnings grow faster than AI expenses in the coming quarters. That is where I believe the next big price movement will be decided.
- ·3 päivää sittendo we hit 650 before 2027?2 päivää sittenProbably not, EPS will be too low next quarter due to AI and legal fees. Still a strong buy if your holding period is over 2 years. 2027 is when it is estimated that EPS growth reaccelerates.
- ·6.8.To someone who considers META a sell right now: Could I get an explanation as to why you view the stock negatively? What is the biggest concern? What do you think people like me have missed? Genuinely interested!I am short on META currently. why? Fundamentally: Capex guidance raised 2x in a row (now 135-145 bn. USD). FCF plummeted from 12,4 bn. to 784 mn. USD in one quarter (-93%). Operating margin fell from 43% to 31% YoY. EPS miss of 14% despite revenue beat. The hidden debt: 80+ bn. USD in new debt since Oct. 2025 – of which 41 bn. USD off-balance-sheet via joint ventures (Hyperion/Blue Owl, El Paso/BlackRock), where Meta only owns 20% but controls everything. Their own auditor (EY) flagged it as "critical audit matter", triggered Senate scrutiny. Bond spreads rise with each new issuance, Hyperion bonds trade below par. The lawsuits – already lost, not just risk: New Mexico: jury found Meta liable for 75.000 violations, 375 mn. USD in fines (March) + an additional 567 mn. USD for "public nuisance" (August) = 942 mn. USD lost in one case alone California-bellwether: 6 mn. USD lost in March (appealed) Appeals court rejected Meta's attempt to stop it all on Monday – over 3.000 lawsuits can now proceed New major case with 29 state attorneys general started this week, Zuckerberg is expected to testify Meta itself states potential total claims up to 1,4 trillion USD (unrealistic in practice, but emphasizes the scale) No plan B: Google/Microsoft can sell excess AI capacity via cloud. Meta has nothing similar. I don't think Meta will go bankrupt – the advertising segment is still growing 28% YoY. But the market, in my opinion, underestimates the combined risk: spending without proven return, a debt that looks better than it is, and a wave of lawsuits that now actually cost money, not just threats. In the worst case, it's a bit like Enron in 2001.
- ·5.8.Will go over $1000. Just sit and wait here!
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt
Asiakkaat katsoivat myös
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 28.10. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 29.7. | ||
Vuosittainen yhtiökokous 2026 27.5. | ||
2026 Q1 -tulosraportti 29.4. | ||
2025 Q4 -tulosraportti 28.1. | ||
2025 Q3 -tulosraportti 29.10.2025 |
2026 Q2 -tulosraportti
14 päivää sitten
‧1 t 3 min
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Datan lähde: Quartr| Seuraava tapahtuma | |
|---|---|
2026 Q3 -tulosraportti 28.10. |
| Menneet tapahtumat | ||
|---|---|---|
2026 Q2 -tulosraportti 29.7. | ||
Vuosittainen yhtiökokous 2026 27.5. | ||
2026 Q1 -tulosraportti 29.4. | ||
2025 Q4 -tulosraportti 28.1. | ||
2025 Q3 -tulosraportti 29.10.2025 |
0,525 USD/osake
Viimeisin osinko
0,35%Tuotto/v
Foorumi
Liity keskusteluun Nordnet Socialissa
Kirjaudu
- ·1 päivä sittenAfter the Q2 reports, we are starting to see clearer signs that Big Tech's enormous AI investments are actually beginning to yield results. Microsoft Azure grew 43 % and Google Cloud a full 82 % YoY, while AWS increased revenue by 37 %. This strengthens the thesis that the high capex is not just a cost, but is starting to transform into strong growth in cloud and AI. Meta, however, is still in the investment-heavy phase. Q2 revenues increased strongly by 28 % to 60.8 billion dollars, but capex simultaneously amounted to a full 31.1 billion dollars. This caused free cash flow to fall to only 784 million dollars. The operating margin also fell from 43 % to 31 %, even though the result was burdened by, among other things, legal costs and severance payments. The interesting thing, therefore, is that Meta's underlying business is still growing strongly while the company is building up its AI infrastructure. Ad impressions increased 14 % and the average price per ad rose 12 %, which shows that the core business still has good momentum. My thesis is therefore that Meta could be in a similar investment phase to what Microsoft, Google, and Amazon have been in: cash flow is short-term pressured by enormous capex, but if the investments lead to higher engagement, better advertising, and new AI revenues, the return could come later. Therefore, I think Meta becomes particularly interesting if the stock trades around 18–20x future earnings. The big risk, however, is that the AI investments do not generate a sufficiently high return to justify the significantly increased capital base.
- ·2 päivää sittenFrom ChatGPT I estimate the probabilities approximately at 20 % bear / 55 % base / 25 % bull. Wall Street is also relatively bullish: a current average from 39 analysts is around $812, with a range from $622 to $1,015. Why I am still positive Meta actually delivered a very strong top line in Q2: * Revenue: $60.8 billion * Growth: +28 % * Ad impressions: +14 % * Price per ad: +12 % * 3.60 billion daily users in Family of Apps * AI is already improving the ads' effectiveness. The interesting thing is that AI is not just a future story at Meta. AI is already helping the existing ad business with targeting, recommendations, and pricing. But here lies the big risk Meta spends extremely much on AI infrastructure. 2026 CapEx is now expected at $130–145 billion. That is enormous. Q2 alone Meta had CapEx of $31.1 billion, while free cash flow was only $784 million. In my opinion, that is the most important thing to keep an eye on for the next year. If Meta can show: "We are spending $130–145 billion, but the investment yields higher ad revenues and stronger earnings" then the stock can easily move towards $900–950. If the market, on the other hand, starts to think: "Meta is spending enormous amounts on AI, but the return is not coming fast enough" then the stock could well fall towards $580–620. My $820 price target I actually think $820 is more interesting than $900 as a professional base-case target. That roughly corresponds to Wall Street's average valuation and does not require Meta to get an extreme AI premium. At the same time, there are already analysts around $775–835, while some bullish valuations are higher. My conclusion I would be a buyer of META at the current level, but not go all-in. If you already own the 12 Meta shares you previously mentioned, I would personally hold them. My expected 12-month return in the base case is approximately +20–25 %, and I think the risk/return looks better than many other megacap tech stocks right now. My most important level: 🎯 $820 Bull: $950 Bear: $580 Base: $820 The next truly decisive point will be whether Meta can make earnings grow faster than AI expenses in the coming quarters. That is where I believe the next big price movement will be decided.
- ·3 päivää sittendo we hit 650 before 2027?2 päivää sittenProbably not, EPS will be too low next quarter due to AI and legal fees. Still a strong buy if your holding period is over 2 years. 2027 is when it is estimated that EPS growth reaccelerates.
- ·6.8.To someone who considers META a sell right now: Could I get an explanation as to why you view the stock negatively? What is the biggest concern? What do you think people like me have missed? Genuinely interested!I am short on META currently. why? Fundamentally: Capex guidance raised 2x in a row (now 135-145 bn. USD). FCF plummeted from 12,4 bn. to 784 mn. USD in one quarter (-93%). Operating margin fell from 43% to 31% YoY. EPS miss of 14% despite revenue beat. The hidden debt: 80+ bn. USD in new debt since Oct. 2025 – of which 41 bn. USD off-balance-sheet via joint ventures (Hyperion/Blue Owl, El Paso/BlackRock), where Meta only owns 20% but controls everything. Their own auditor (EY) flagged it as "critical audit matter", triggered Senate scrutiny. Bond spreads rise with each new issuance, Hyperion bonds trade below par. The lawsuits – already lost, not just risk: New Mexico: jury found Meta liable for 75.000 violations, 375 mn. USD in fines (March) + an additional 567 mn. USD for "public nuisance" (August) = 942 mn. USD lost in one case alone California-bellwether: 6 mn. USD lost in March (appealed) Appeals court rejected Meta's attempt to stop it all on Monday – over 3.000 lawsuits can now proceed New major case with 29 state attorneys general started this week, Zuckerberg is expected to testify Meta itself states potential total claims up to 1,4 trillion USD (unrealistic in practice, but emphasizes the scale) No plan B: Google/Microsoft can sell excess AI capacity via cloud. Meta has nothing similar. I don't think Meta will go bankrupt – the advertising segment is still growing 28% YoY. But the market, in my opinion, underestimates the combined risk: spending without proven return, a debt that looks better than it is, and a wave of lawsuits that now actually cost money, not just threats. In the worst case, it's a bit like Enron in 2001.
- ·5.8.Will go over $1000. Just sit and wait here!
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Nordnet Socialin käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Ei dataa
Viimeisimmät kaupat
| Aika | Hinta | Määrä | Ostaja | Myyjä |
|---|---|---|---|---|
| - | - | - | - |
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Välittäjätilasto
Dataa ei löytynyt