Meta Platforms (META) reported capital expenditures of $22.1 billion in Q4 2025, with projections for 2026 spending estimated between $115 billion and $135 billion to enhance AI capabilities and infrastructure. The company is investing in an AI-optimized data center in Tulsa, expected to create over 1,000 construction jobs and about 100 permanent roles, while also focusing on sustainability initiatives.
In addition to the $1 billion Tulsa project, Meta has secured a $6 billion multi-year agreement with Corning to supply fiber optic cables for its data centers. The company’s Q1 2026 revenue guidance is estimated between $53.5 billion and $56.5 billion, amid competition from Microsoft and Amazon, which have been ramping up their investments in the AI-data center sector.
Despite META’s year-to-date share performance gaining 1.3%, it underperformed compared to the Zacks Computer & Technology sector, which rose 6%. Meta’s forward Price/Sales ratio stands at 6.4X, higher than the sector’s average of 3.98X, indicating potential overvaluation.
