Meta Holds Near $610 as Capex Concerns Offset Bullish Analyst Calls

As of mid-June 2026, Meta shares remain pinned near $610 despite a strong Q1 beat and continued Wall Street optimism. After reporting $56.31B revenue (+33% YoY) and $10.44 EPS, management lifted 2026 capex guidance to $125–$145B, triggering sustained selling that erased post-earnings gains. Wells Fargo trimmed its target to $765 while Morgan Stanley reiterated META as a top long-term holding with a $775 price target; consensus now sits near $818 with forecasts ranging from $700 by year-end to $1,500 by 2030 if AI monetization materializes.