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Meta shares hit new highs despite high CapEx; cautious investors advised to wait for a dip before buying.

Analyst Insights
25 Sep 2026
Seeking Alpha
View Source
Bullish
Meta shares hit new highs despite high CapEx; cautious investors advised to wait for a dip before buying.

Meta Platforms shares have surged 47% since July, reaching new highs despite a significant increase in capital expenditures to $145 billion for 2026. The rise shows market confidence even as Amazon blocks Meta's AI agents, highlighting competitive tensions. Valuation concerns remain, with a forward P/E of about 23.95x above Meta's historical average of 22x, leading some analysts to suggest waiting for a price near $660 or buying strongly near $590. Long-term investors are encouraged to continue adding shares gradually.

As of Sep 25, 2026 19:41 WIB, Meta Platforms (META) trades at USD 771.90 on Pluang, down 0.73% for the day with a market cap of $1.98 trillion. Despite the recent surge in Meta's shares, Pluang order activity shows a cautious balance with 60% selling and 40% buying. Meanwhile, Amazon (AMZN) is priced at USD 250.15, up 0.31%, with a higher buying interest of 84% on Pluang.

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