Meta Face-Plants on CapEx Worries. Why the Move Doesn’t Make Sense

AI summary

Meta Platforms (NASDAQ:META) trades at $610.34 after a brutal selloff, while the Wall Street consensus price target sits at $855.11. That’s an implied upside of roughly 41% — one of the widest dislocations among mega-cap tech. Meta runs Facebook, Instagram, WhatsApp, Messenger, and Threads, with advertising producing nearly all revenue. The company also funds Reality ... Meta Face-Plants on CapEx Worries. Why the Move Doesn’t Make Sense