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Meta shares fall after Q2 miss but AI-driven growth keeps 55 of 62 analysts bullish

Company Fundamentals
13 Aug 2026
24/7 Wall Street
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Neutral
Meta shares fall after Q2 miss but AI-driven growth keeps 55 of 62 analysts bullish

Meta Platforms shares dropped nearly 8% after Q2 earnings missed EPS expectations by 14.4%, despite revenue growth of 28%. The company reported a massive $31 billion quarterly capital expenditure as it invests heavily in AI infrastructure and business agents, raising 2026 expense and capex guidance. Analysts remain overwhelmingly positive, with 55 out of 62 recommending buy, citing Meta's strong AI push, expanding business agent adoption, and clean energy commitments as long-term growth drivers. The stock trades 26% below average analyst targets, offering potential upside if AI investments translate into higher margins and cash flow in the coming years. Risks include continued high spending and legal costs that could pressure profits further before recovery.

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