Meta at $1.55 Trillion: Why Morgan Stanley Still Sees a Forever Stock

Meta's pullback put a strong ad business under an AI stress test

At $1.55 trillion market value and roughly below its 12-month high, with EPS up 62% year over year, Meta is no longer being judged only on growth. The market is now asking whether the company can keep compounding while it funds a much heavier AI buildout.