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Meta Sets Q1 Forecast, Cuts 10% Workforce.

4/29/2026

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Summary

Meta Earnings

Meta Platforms will report Q1 2026 earnings on April 28, 2026 after allocating $115-$135 billion capex.
Meta granted stock-option awards to executives Andrew Bosworth, Christopher Cox, Susan Li, Curtis Mahoney and Dina Powell McCormick with strike prices $1,116-$3,727, needing a 66% rise to $671.34 and $9.46 trillion market cap to profit.
Forecasts show Q1 revenue $55.5 billion, EPS $6.65 and a $825-$900 price, a 23%-34% upside.
Meta cut 10% of staff, launching Muse Spark and unwinding its $2 billion Manus deal.

Summary

Meta Shares Surge

Meta's shares surged 26.5% this month, rising from a near-$525 low in late March to above $675, after easing Middle East tensions and the launch of Muse Spark, its first closed-source AI model.
The company has met sales expectations for 14 consecutive quarters, a streak that began in Q2 2022.
TipRanks analysts rate Meta Strong Buy, with 39 Buys, 6 Holds and an average price target of $854.46.

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Meta Earnings

Meta Platforms will report Q1 2026 earnings on April 28, 2026 after allocating $115-$135 billion capex.
Meta granted stock-option awards to executives Andrew Bosworth, Christopher Cox, Susan Li, Curtis Mahoney and Dina Powell McCormick with strike prices $1,116-$3,727, needing a 66% rise to $671.34 and $9.46 trillion market cap to profit.
Forecasts show Q1 revenue $55.5 billion, EPS $6.65 and a $825-$900 price, a 23%-34% upside.
Meta cut 10% of staff, launching Muse Spark and unwinding its $2 billion Manus deal.

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