---
title: "Meta stock plunges more than 10% as analysts cut price targets on sky-high AI spending"
description: "Meta's stock dropped over 10% following the company's announcement of increased AI spending during its third quarter earnings report. The shares fell more than 11% as analysts and investors reacted to"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263582723.md"
published_at: "2025-10-30T17:22:11.000Z"
---

# Meta stock plunges more than 10% as analysts cut price targets on sky-high AI spending

> Meta's stock dropped over 10% following the company's announcement of increased AI spending during its third quarter earnings report. The shares fell more than 11% as analysts and investors reacted to the news. CEO Mark Zuckerberg described the spending plan as essential for future growth.

Meta (META) stock took a beating on Thursday, after the company said during its third quarter earnings report that it plans to further hike AI spending for the rest of this year and in 2026. Shares of Meta fell more than 11% midday, as Wall Street analysts and investors digested the news. CEO Mark Zuckerberg summed up the spending plan as a means t...

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.