Skip to contentHome page Seeking Alpha - Power to InvestorsNov. 19, 2025 5:48 AM ETMeta Platforms, Inc. (META) StockMETAA.J. Button12.56K FollowersCommentsMeta Platforms stock has been taking a beating in recent months.As with other AI companies, META's AI CapEx spending has become a point of contention among shareholders.The company did $62.7 billion in CapEx in the TTM period; that figure is expected to rise to $72 billion by year's end. It's expected to rise again in 2026.It's not clear what Meta's AI strategy is. The company has not created many brand-new revenue-generating AI products, though it has done some impressive integrations with existing products.In this article I make the case that META still isn't a buy despite it having come down significantly from its all-time highs.Mark Zuckerberg at G8 in Deauville, FranceCOM & O/iStock Editorial via Getty ImagesMeta Platforms (META) is one of the biggest players in the generative artificial intelligence (AI) race. The company has developed some of the best-reviewed AI models, most ofThis article was written byA.J. Button12.56K FollowersFinancial journalist. Passed CFA Level 1. Seeking value and dividend growth opportunities, and sharing what I find on Seeking Alpha.Analyst’s Disclosure:I/we have a beneficial long position in the shares of GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For YouTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.