---
title: "What Is Going on With Meta Platforms Stock on Thursday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295821804.md"
description: "Meta Platforms stock rose nearly 2% on Thursday, driven by investor enthusiasm for CEO Mark Zuckerberg's $130-$145 billion AI infrastructure investment plan and the release of new Muse AI models. The gain occurred alongside a broader rise in large-cap growth stocks. Analysts maintain Buy ratings with an average price target of $767.42, though recent forecasts from UBS, Baird, and Goldman Sachs were slightly lowered."
datetime: "2026-08-13T15:41:35.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295821804.md)
  - [en](https://longbridge.com/en/news/295821804.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295821804.md)
---

# What Is Going on With Meta Platforms Stock on Thursday?

**Meta Platforms, Inc** (NASDAQ:META) stock gained nearly 2% on Thursday as investors responded positively to the company’s aggressive AI investment plans and a broader risk-on move in large-cap growth stocks, with the Communication Services sector up 1.40% and the S&P 500 gaining 0.74%.

## Meta Steps Up AI Infrastructure Investment

Meta plans to spend between $130 billion and $145 billion on capital expenditures in 2026 as it expands data centers and other infrastructure to support its AI ambitions. The company spent $31.1 billion on capital expenditures in the second quarter alone.

CEO **Mark Zuckerberg** has positioned the investment around Meta’s push to bring "personal superintelligence" to consumers, while the company continues to use the scale of its platforms as a key distribution advantage. Meta’s Family of Apps reached 3.6 billion daily active people in June.

Meta has also expanded its AI model lineup. The company recently released Muse Glimmer, a smaller model designed to run on a personal computer with a single graphics card, and said a more advanced Muse Spark 1.2 model is "coming soon."

**Analyst Consensus & Recent Actions:** The stock carries a Buy rating with an average price forecast of $767.42. Recent analyst moves include:

-   **UBS**: Buy (Lowers Forecast to $715.00) (July 30)
-   **Baird**: Outperform (Lowers Forecast to $750.00) (July 30)
-   **Goldman Sachs**: Buy (Lowers Forecast to $725.00) (July 30)

## Top ETF Exposure

-   **Invesco AI and Next Gen Software ETF** (NYSE:IGPT): 7.49% Weight
-   **Natixis Loomis Sayles Focused Growth ETF** (NYSE:LSGR): 7.99% Weight
-   **Invesco Nasdaq Internet ETF** (NASDAQ:PNQI): 7.66% Weight

**Significance:** Because META carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.

## Price Action

**META Stock Price Activity:** Meta Platforms shares were up 1.78% at $589.13 at the time of publication on Thursday, according to Benzinga Pro data.

_Photo: Shutterstock_

**Read Also: Meta Could Crash the Neocloud Party, Analyst Says**

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