![\"Meta](\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/04\/a6a70ec6328584b9511208f45d9b2380.jpeg\")
Meta results strong but spending plans weigh on shares, says UBS Proactive uses images sourced from Shutterstock <\/p>\n Meta results strong but spending plans weigh on shares, says UBS Proactive uses images sourced from Shutterstock <\/p>\n
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB)<\/a> saw its strong first-quarter performance<\/a> overshadowed by a sharp increase in spending plans, according to UBS.<\/p>\n The US technology group beat expectations on both revenue and earnings in the three months to March, with analysts highlighting a “clear beat” on revenue and EPS.<\/p>\n However, UBS said the market reaction was driven by guidance rather than the headline numbers.<\/p>\n Meta raised its 2026 capital expenditure outlook to $125 billion-$145 billion, up from $115 billion-$135 billion previously, pointing to further heavy investment in artificial intelligence infrastructure.<\/p>\n Second-quarter revenue guidance of $58 billion-$61 billion was described as \u201cin line with Street at midpoint\u201d, suggesting limited near-term upside despite the strong first-quarter delivery.<\/p>\n The increase in capex guidance and in-line guidance were sees as negatives that “offset” the positivity from top and bottom line beat, UBS\u00a0said.<\/p>\n Investor focus is now shifting towards execution and returns on that spending, the analysts explained.<\/p>\n \u201cInvestors will be keenly focused on product development (business chatbot \/ Meta AI) data points as well as rationale for CapEx budget increase,\u201d it added.<\/p>\n The response underlines a broader trend across big tech, where rising AI investment is supporting long-term growth expectations but raising questions over near-term returns.<\/p>\n","protected":false},"excerpt":{"rendered":"Meta results strong but spending plans weigh on shares, says UBS Proactive uses images sourced from Shutterstock Meta…\n","protected":false},"author":2,"featured_media":58286,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[8857,223,1966],"class_list":{"0":"post-58285","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ubs","8":"tag-meta","9":"tag-ubs","10":"tag-ubs-proactive"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116494263206153923","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/58285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=58285"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/58285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/58286"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=58285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=58285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=58285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}