Meta, Apple, and Amazon Earnings: Buy, Sell or Hold?
The recent earnings reports from Meta Platforms (NASDAQ:META), Apple (NASDAQ:AAPL), and Amazon (NASDAQ:AMZN) have left investors wondering whether to buy, sell, or hold these tech giants.
META's $6.18 EPS missed the $7.22 consensus by 14.42%, due in part to a one-quarter cost spike of $2.4 billion in legal charges and $1.18 billion in severance from an 8,000-role cut. Despite this, revenue still grew 27.96% to $60.80 billion, ad impressions rose 14%, price per ad rose 12%, and daily users hit 3.60 billion.
The bull case for META is that the margin hit is concentrated in non-recurring legal and severance items, while ad pricing and impressions continue to compound. Analysts carry a $824.68 average target with 57 Buys and zero Sells.
Apple (AAPL) posted $109.417 billion in revenue (up 16.36%) and $2.02 EPS, its ninth straight beat. However, shares fell 9.14% the day after filing while the S&P 500 was flat. The bear case for AAPL is that tariff refunds added roughly 2 points of gross margin and $0.11 to EPS as a one-time benefit.
Amazon (AMZN) reported a 37% growth in AWS revenue, its fastest pace in 18 quarters, at a 39.4% operating margin. The bull case for AMZN is that AI and Chips businesses each cleared $25 billion run rates, advertising rose 26%, and Q3 guidance targets $22.5 billion to $26.5 billion in operating income against $17.4 billion a year ago.