Meta Pauses International Rollout of $799 Ray-Ban Display Glasses After U.S. Waitlists Extend Into 2026
Meta paused early-2026 international rollouts of its $799 Ray-Ban Display smart glasses in the UK, France, Italy and Canada, citing U.S. waitlists extending into 2026 and 'extremely limited inventory'. At CES, the company introduced a teleprompter, EMG handwriting via its Neural Band and expanded U.S. pedestrian navigation to 32 cities.
1. Attractive Valuation After Recent Pullback
Meta Platforms has seen its forward price-to-earnings multiple compress to approximately 21.5x as its share price retraced by roughly 15% from late-year highs. Despite this pullback, the company continues to report double-digit revenue growth and robust operating margins north of 30%. Consensus estimates project mid-20% top-line expansion in fiscal 2026, driven by sustained advertiser spending across Facebook, Instagram and WhatsApp. Management’s pending acquisition of Manus and ongoing integration of custom AI models are expected to enhance user engagement and open new monetization channels in messaging, commerce and enterprise applications.
2. Pause on International Rollout of Ray-Ban Display Glasses
Meta has temporarily halted the planned early-2026 expansion of its Ray-Ban Display smart glasses into the U.K., France, Italy and Canada, citing unexpectedly high U.S. demand and limited inventory. Introduced last September, the product has generated waitlists extending into late 2026. At CES 2026, Meta showcased upcoming features for the device and its Neural Band controller, including a discreet in-lens teleprompter and electromyography-based handwriting that converts finger movements into digital messages for WhatsApp and Messenger.