Meta Slumps 20.2% From $796.25 High as AI Spending and Regulatory Risks Weigh
Updated
Updated · Barchart · May 28
Meta Slumps 20.2% From $796.25 High as AI Spending and Regulatory Risks Weigh
3 articles · Updated · Barchart · May 28
Meta shares have fallen 20.2% from their 52-week high of $796.25, slipping 2% over the past three months as investors grow more wary of the company’s spending profile.
Aggressive AI infrastructure investment, rising capital expenditures and mounting legal and regulatory pressures are driving that caution, even as Meta continues to post strong revenue growth.
Performance has been mixed: the stock is down 3.8% year to date and 1.1% over 52 weeks, though it still beat the Invesco NASDAQ Internet ETF’s 10.3% YTD drop and 1.5% annual decline.
Alphabet has outperformed sharply, rising 24.2% year to date and 124.9% over 52 weeks, underscoring investor preference for peers seen as better positioned.
Wall Street remains bullish despite the pullback, with 55 analysts rating Meta a Strong Buy and setting a mean price target of $823.53, implying 29.6% upside.
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