Jim Cramer highlighted Meta’s strong Q4 performance, noting a significant top- and bottom-line beat. He praised management’s explanation of how AI investments are boosting core advertising profitability and pointed to the $115–135 billion capex guidance for 2026 as justifiable, calling the stock a buy despite five of six session declines following a 10% rally.

In its Q4 investor letter, Sustainable Growth Advisers reported Meta’s 26% revenue growth but flagged a sharp rise in capital expenditure and operating expense guidance—both up over 30%—as a detraction from performance. The fund trimmed Meta to target weight, citing pressure on near-term profitability, even as it acknowledged the company’s long-term AI and ad business strengths.