Meta (META) Stock at $607 in 2026 — AI Spending Surge & $840 Target Upside

Quick overview

Meta’s stock has been showing poor performance over the past several months, but the company is doing its work very well. Their Q1 report was also completely good, and their user growth is also performing very well. However, despite all this, the company’s stock is continuously going down. At the time we are writing this article, the company’s stock is trading at 607.38, which shows a slight profit on the day, but those gains are very small and cannot compensate for the negative performance of so many months.

Why Meta Stock Goes Up and Down

Now, if we come to the issue of why the company’s stock is falling, the very first thing that comes up is the company’s spending, which is increasing day by day on AI projects. Let me tell you that in the month of May they eliminated approximately 8,000 jobs, which is considered about 10 percent of their total workforce, and they thought that by cutting 8,000 jobs they would save some money, which they would then spend on AI work so that they could complete their plan of building larger data centers and a smarter AI system.

No doubt this project will be considered a very big project in the future and it will be very beneficial for the company, but in the short term their increasing spending is having a negative impact on their stock.

On the other hand, they are facing some issues related to their smart AI Meta glasses, such as people believing that their Meta glasses record people without permission, collect their facial information, and collect many other things that are not appropriate. Because of this, they are facing a new investigation. Texas Attorney General Ken Paxton started an investigation on May 20 related to this matter, and in this whole investigation it will be seen whether their Meta glasses are really problematic or not. So this is one thing that is currently affecting their stock negatively.

🚨 🇺🇸 META’S $800 TARGET JUST TURNED AI DISCOUNT INTO A MARKET FIGHT

Wolfe Research’s Shweta Khajuria kept Meta ($META ) at Outperform with an $800 price target, versus a share price near $605. The note says Meta trades at 16x 2027 EPS against Google at 27x, while AI revenue… pic.twitter.com/T2xoKZsIVj

— Naeem Aslam (@NaeemAslam23) May 21, 2026

If we look at the positive side, there are many things that are helping this company’s stock and performance a lot, such as the company’s user growth, which is increasing day by day and has reached billions at this time. Not only that, but the company’s future AI plans are also very amazing and give investors a lot of hope that in the future the company’s stock will go very high. Along with this, they are also working on AI apps which in the future can further improve this company’s performance.

Meta Company Growth and Earnings Report

The remarkable growth of this company is also proven by its first quarter 2026 report, in which it is shown that the company earned 56.31 billion dollars in the first three months of 2026, which is 33 percent higher compared to last year. The company’s profit has also been seen as very good. All these things give investors confidence that the company is performing very well and its stock price can perform very well in the future.

But the problem is that they are spending a lot of money on AI, and because of this they have also increased their spending plan from 125 billion dollars to 145 billion dollars for the full year. They have estimated that this amount could be spent. This thing worries investors a little in the short term, but if seen in the long term, this is being done for the benefit of the company.

Meta’s main focus is on AI.

Looking at this very fast growth of the company, many experts have given their stock a buy rating, and they believe that their price target can be between 820 dollars to 840 dollars in the next 12 months. If everything goes well, this company will grow a lot, and in the future the company’s stock can go very high.

At the same time, they have also shared expectations for the next three months’ report, that they expect earnings of about 58 to 61 billion dollars for the report.

ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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