Meta's growth and earnings make its valuation appealing. It trades at 17x 2027 estimates with 17% EPS and 22% revenue growth. Its $140 billion EBITDA should make it worth more than Anthropic, which has none, though that comparison could be wrong. If distribution is king, Meta Muse could benefit from Meta's 3.64 billion daily active users, according to GuruFocus News. x.com  x.com  x.com 

Meta's core advertising business is significantly outgrowing its biggest competitors even before factoring in the newer businesses it is building. Q3 ad revenue rose 26% year over year, versus 10.6% at Alphabet and 10.9% at Amazon. Back at 19x forward earnings, Meta is the most undervalued Magnificent Seven stock. x.com  x.com 

Meta looks unattractive because its fines, capital raises and AI capex make the math ugly. The stock could trade back to the $500s, while hyperscalers probably have to make those raises with equity down 15-25%. Muse looks like a fad and average users may not need AI agents, matching LogicalThesis's view. x.com  x.com  x.com 

Meta's advertising is less vulnerable to AI agents and LLMs because users must scroll Instagram themselves. AI may even give them more time to do so, while Meta retains other mega-caps' AI tailwinds; it remains the best AI stock. CapEx is still a problem. As @diyinvestor1 noted, Meta also has no exposure to OpenAI or Anthropic. x.com  x.com  x.com 

Meta's voluntary move is bullish because it expects to profit from it. Its massive debt capacity remains untouched and is increasing. x.com 

Large-scale shareholder financing makes Meta's AI buildout more concerning after quarterly free cash flow turned negative. The WSJ reports that Meta is looking to raise $95 billion: $35 billion in common stock and convertible preferred now, followed by up to $60 billion from 2027. x.com 

Meta's early AI monetization in its core business makes the long-term upside potentially far greater than the short-term pain from its planned $95B capital raise and possible dilution. Its fair value is $1,100, and the shares are worth holding for years despite short-term moves. If Meta monetizes the infrastructure, upside is massive; even if it does not, the assets still have value. x.com 

Meta's AI infrastructure financing raises the risk that a long wait for revenue and profit will keep its shares volatile. It disclosed plans to raise up to $95 billion. @amitisinvesting warns that further dilution could keep the stock stuck even if the buildout eventually pays off. Meta's selloff is still a massive buying opportunity. x.com  x.com  x.com 

Meta's Muse market sizing may overstate adoption because it extrapolates from some of the most productivity-focused users on earth to consumers who enjoy browsing and may not want an assistant to replace discovery. Heavy capex, unproven technology and product-market fit, unclear ROI and an arguably weaker moat raise the risk of another metaverse-style spending mistake. x.com  x.com  x.com 

Meta's financial strength gives it an advantage in securing scarce capital for AI infrastructure, with funding going to those trusted to earn the best returns. Meta says its planned $60B at-the-market equity program is not expected to begin until Q1 2027 and complements $35B in underwritten offerings; its Aa3/AA- ratings allow efficient long-term borrowing. x.com