JPMorgan Downgrades Meta Stock Amid Concerns Over Capital Expenditure and Competitive Threats
JPMorgan downgraded Meta to 'neutral' from 'overweight' following its Q1 2026 earnings report, despite strong revenue growth and earnings. The downgrade was triggered by Meta's increased capital expenditure guidance and concerns over a competitive threat beyond its ad business. The stock fell over 10% after the report.
Topics: Capital Expenditure Earnings Report JPMorgan Meta Stock Downgrade