Meta Platforms (META) delivered a quarter that most businesses would be happy to take.

For perspective, Meta posted its Q1 earnings report on April 29, 2026, covering the quarter ended March 31, 2026.

The headline numbers impressed, delivering another double beat, with operating income coming in much stronger than expected.

Unfortunately for the social media giant, Wall Street was focusing mainly on what’s ahead, particularly how it plans to continue building its AI future.

Shares dropped 8% to 9% post earnings, and are down more than 7% year to date, despite being up 14% this month, according to Seeking Alpha.

Nevertheless, Bank of America analyst Justin Post remained bullish.

He reiterated a buy rating on Meta while…