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Meta stock jumps 37% past $750 target amid AI-driven ad growth despite cash flow drop

Analyst Insights
24 Sep 2026
24/7 Wall Street
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Bullish
Meta stock jumps 37% past $750 target amid AI-driven ad growth despite cash flow drop

Meta's stock surged nearly 37% in a month, surpassing Wall Street's $750 price target, driven by strong AI-enhanced ad revenue growth. Despite a 91% plunge in free cash flow and rising capital expenditures expected to reach $145 billion in 2026, investors remain optimistic about AI monetization and new revenue streams like API access and subscriptions. The company reported a 28% revenue increase in Q2 2026 but missed earnings per share estimates due to legal and severance costs. Analysts rate Meta a buy with a 13.1% upside potential, though risks include high spending and regulatory challenges.

Meta Platforms holds a market cap of $1.90 trillion and an enterprise value of $1.92 trillion on Pluang as of Sep 24, 2026, 22:11 WIB. The stock price is currently $765.20, up 2.84% in the past day, reflecting continued investor interest following its recent surge. Trading volume stands at over 30 million shares, with typical hold time on Pluang at 126 days, indicating a moderately long-term investor base amid ongoing optimism about Meta's AI-driven growth prospects.

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