Meta Platforms is facing high investor anticipation ahead of its January 28, 2026 earnings report, with analysts adjusting targets amid concerns over future AI capital expenditure, though Rothschild upgraded the stock to Buy with a new $900 price target.
- BofA maintained its Buy rating and $810 target, forecasting Q4 revenue of $59.2 billion and projecting FY2026 expenses between $153 billion and $160 billion.
- Despite strong Q3 growth driven by AI ads and reaching 1 billion Meta AI users, the stock is down 8.5% year-to-date due to investor concerns over the projected $100 billion+ 2026 capital expenditure for AI development.
- The stock is trading lower in pre-market hours, aligning with broader market weakness as the Nasdaq-100 futures are down 0.34%.