Meta stock price forecast: $584.19–$623.65 range as META extends gains

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Meta rises 1.86% today to $603.92

Highlights

Meta delivered 33% year-over-year revenue growth to $56.31 billion in Q1 2026, driven by strong advertising gains.
Announced $125–$145 billion in 2026 capital expenditures for AI infrastructure, triggering investor debate over future profitability.
Stock exhibits strong bullish momentum with overbought signals; projected to trade between $584.19 and $623.65 in the near term.

Earnings growth and AI investment stoke buying and debate

Meta's first-quarter 2026 results highlight a 33% year-over-year revenue increase to $56.31 billion and diluted EPS of $10.44, with the company's advertising business accounting for 26% of this growth. This robust earnings performance underscores strong demand for Meta’s services and provides a clear catalyst for recent buying interest. Simultaneously, Meta’s commitment of $125 billion to $145 billion in 2026 capital expenditures signals aggressive investment in artificial intelligence infrastructure, which is fueling investor debate over anticipated long-term returns. The company has also started unwinding its $2 billion acquisition of AI startup Manus after a reversal ordered by Chinese authorities, adjusting its strategy for international AI expansion.

Momentum sustained amid overbought signals and MA resistance

On the hourly chart, META trades above the MA-20 ($579.01) and MA-50 ($580.40), while remaining below the long-term MA-200 ($657.29). The Ichimoku Kijun provides immediate support at $579.23. Technical momentum is strong as both MACD and ADX indicate ongoing buyer control. Oscillator readings are overbought — RSI (67.05), Stoch RSI, CCI, and BBP all register elevated levels — suggesting heightened buying activity but also an increased risk of short-term exhaustion. The Awesome Oscillator is currently neutral.

Sideways trading expected as upside bias outweighs risk

In the near term, META is likely to trade within a volatility band of $584.19 to $623.65. The probability of an upward move stands at 71%, with downside risk present but less likely. The baseline scenario calls for sideways movement within this corridor. A break above resistance could prompt another rally, while a fall below immediate support would expose additional downside potential.

Viktoras Karapetjanc, analyst at Traders Union, sees Meta’s strong earnings momentum and bold AI investments underpinning current investor optimism. He believes that revenue and profit gains validate Meta’s strategic focus despite recent headline risks from regulatory intervention in its AI expansion. The analyst notes technicals and sentiment align favorably, though overbought signals suggest short-term volatility is likely. He expects the baseline scenario to favor sideways-to-upward movement within the stated range. "Meta’s results and focus on AI leadership inspire confidence for further upside as long as support is maintained and the company delivers on strategic promises," Karapetjanc says.

Earlier, analysts noted that Meta's investments in AI-driven data centers were raising concerns over their broader impact on power infrastructure and regional electricity costs. With Meta now reporting robust financial results and embarking on aggressive capital expenditures for AI, investors should closely monitor how the evolving infrastructure commitments might influence both the company’s competitive positioning and the sustainability of its current momentum.

Source of Data: META Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.