$Meta Platforms(META.US) The market is saying Meta has gone crazy, with Capex hitting $135 billion, the metaverse is still bleeding money, so how can the stock price hold up? What you're missing is—their ad revenue has already reached $58.1 billion, up 24% year-over-year, with AI boosting ad click-through rates by 3.5% and conversion rates by 1%. This isn't burning money; it's turning money into computing power, and computing power directly into profit.

Instagram usage time has maintained over 18% year-over-year growth for the past six months, surging to 19.2% in January. Global DAU is 3.58 billion, with Reels seeing both volume and price increases. Short sellers are still talking about user saturation, but the point is it no longer relies on just adding users; it uses AI to squeeze more money out of each user.

Analyst target price is $858, with Citizens directly giving $900. This year's EPS expectation is $29.56, a 24% year-over-year increase. The market is still pricing it as a cyclical stock. Tell me, how can a company with $200 billion in revenue still growing at 24%, holding the world's largest traffic infrastructure, be locked into a $700 valuation?