Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is hitting pause on its plans to roll out its Ray-Ban Display smart glasses outside the US, citing “unprecedented demand and limited inventory,” the company said on Tuesday. The social media and technology giant had aimed to launch the glasses in France, Italy, Canada, and the UK in early 2026, but international customers will now have to wait.
Meta Platforms ( NASDAQ:META ) started off 2025 strong, posting 16% revenue growth in the first quarter to $42.3 billion.
Meta is pausing its plans to sell its Ray-Ban Display glasses outside the U.S. due to “unprecedented demand and limited supply,” the company said on Tuesday. Meta had originally planned to launch the glasses in France, Italy, Canada, and the U.K. in early 2026.
Meta Platforms said it's delaying the international rollout of Ray-Ban Display AI glasses because of limited inventories and strong U.S. demand. Meta planned to launch its Ray-Ban Display glasses in the U.K., France, Italy and Canada early this year.
The Ray-Ban Display smartglasses, developed in partnership with Franco-Italian eyewear group EssilorLuxottica, had been planned to be made available for sale in Canada, France, the U.K. and Italy early this year.
Meta stock enters 2026 with robust momentum driven by AI integrations and favorable conditions in the ad market, but will substantial capital expenditures hinder earnings? The consensus suggests a solid revenue increase of about 18%, positioning META for potential gains if execution remains strong.
Meta Platforms is upgraded to 'strong buy' after a 15% pullback, entering preferred buy zones as we head into 2026. META's Q3 delivered 26% YoY revenue growth and $7.25 EPS, with robust Q4 guidance despite a one-time $16B non-cash tax charge. The market overreacted to the tax charge; forward cash tax obligations are expected to fall, supporting a GARP thesis for META.
The latest trading day saw Meta Platforms (META) settling at $658.79, representing a +1.29% change from its previous close.
Meta Platforms, Inc. remains a Strong Buy due to its dominant social media position, unmatched data feedstock, and compelling AI-driven growth prospects. META's forward P/E of 21.7 for FY2026 is notably below historical averages, supporting a bullish valuation thesis. Strategic M&A, including the $15B Scale AI stake and $2B Manus acquisition, enhances META's AI agent capabilities and future revenue potential.
Concerns about out-of-control artificial intelligence (AI) spending have cast a shadow of doubt over Meta Platforms NASDAQ: META recently. Despite being up as much as 35% in 2025, the stock ended the year with a total return of just 13%.
A lot of mega-cap tech titans are ending off 2025 on a high note with big acquisitions.
Last year, one of the better performers among the Magnificent 7 was Meta Platforms Inc.