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Meta Stock Drops 12% on EPS Miss, Yet Analysts See 30%+ Upside Ahead

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The Story

News Summary

  • Meta's Q2 EPS missed by 14% and free cash flow collapsed 91% due to soaring AI capex and one-time charges, sending shares down nearly 12%.
  • Despite this, 55 of 62 analysts maintain Buy ratings with targets averaging $768, some exceeding $1,000 on AI/ad optimism.
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META price history

665.72 +4.91% over the displayed period

Advisor Snapshot

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