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Meta at $645: Recent Momentum Makes One Thing Very Clear

Meta just outran a falling market by more than 7 points in a single month, yet the stock still trails the S&P 500 by nearly 13 points year to date and carries a capex bill that cratered free cash flow by over 90%. Something has to give.

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Indices· September 11, 2026 at 01:26 PM
Authored by·Editorially reviewed
Onur Erkan Yıldız
Founder, Financial Engineer · CMB-licensed
NeutralMedium impact

AI summary

Meta just outran a falling market by more than 7 points in a single month, yet the stock still trails the S&P 500 by nearly 13 points year to date and carries a capex bill that cratered free cash flow by over 90%. Something has to give.

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