META → $2,014.50 by May 28, 2030.

Modeled META out tonight cuz I like accounting and I always do my dd after I bought in - and I think it’s worth $5 Trillion (Target Price of $2014.50) Key assumptions (apart from management guidance on CAPEX, topline, and Reality Labs): FOA keeps growing in the mid-20% range, RL reaches breakeven by 2027/2028 and then accelerates into 2030, and CAPEX continues ramping into 2027 before slowing down. This is where you see the explosion in FCF. Using a base …