Quick Read – META has dropped 18% over the past year, but 24/7 Wall St. rates it a BUY with a $829 price target implying 42% upside. – A forward P/E of just 19x on a business posting 33% revenue growth and near-unanimous analyst Buy ratings signals rare asymmetric value. – Even…
TA’s bear case lands at $720, well above spot, while the real risks are Reality Labs losses and further capex increases. – Meta Platforms (NASDAQ:META) has been through the wringer. The stock is down 18.05% over the past year and 11.54% year to date, with a brutal 4.9% single-day drop on July 2, 2026
After running the numbers, the selloff looks overextended relative to fundamentals. Our 24/7 Wall St. price target for Meta is $828.63, implying 42.16% upside from $582.90. The recommendation is buy, with high confidence at 90%. 24/7 Wall St.
Price Target Summary How a $1.28 Trillion Giant Fell Out of Favor Meta peaked near $785.23 in August 2025 before grinding lower into July 2026. The catalysts for the pullback were largely self-inflicted: management raised FY2026 capex guidance to $125-145 billion, up from the prior $115-135 billion range, citing higher component pricing and data center costs. Reality Labs is still bleeding, with a $4.03 billion operating loss in Q1 2026.