CALLIQ

META

Meta

Llama, largest GPU fleet outside hyperscalers, massive capex.

Last
$671.58
Change
+1.37%
Market cap
$1698.8B

60-day price

Near-term (0-6mo)

Q1 earnings 4/29 — capex guidance (rumored $60B+ for 2026) and Llama 4 deployment metrics. Broadcom ASIC deal concentration risk flagged by Simply Wall St.

Mid-term (6-24mo)

Largest open-weight model fleet creates inference demand that feeds back into substrate (power, cooling, networking). Revenue growth from Reels/ad AI funds the buildout.

Catalysts

  • Q1 earnings 4/29
  • Broadcom custom ASIC ramp details
  • Llama 4 enterprise adoption

Risks

  • Single-vendor ASIC concentration with AVGO
  • UK child safety regulatory summons
  • Capex/revenue ratio under scrutiny

Options flags

earnings_soon · Apr 16, 2026
Earnings on 2026-04-29 (12d out). Expect elevated IV into print; avoid buying OTM monthlies the day before.
monthly_liquid · Apr 16, 2026
Monthly Apr 16, 2026 chain likely liquid. Prefer ATM/ITM-20 over OTM to force discipline.
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