--- 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) generator: "portal-rs" --- # 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** ### Related Stocks - [META.US](https://longbridge.com/en/quote/META.US.md) - [METG.US](https://longbridge.com/en/quote/METG.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [UBS.US](https://longbridge.com/en/quote/UBS.US.md) - [GS.US](https://longbridge.com/en/quote/GS.US.md) - [IGPT.US](https://longbridge.com/en/quote/IGPT.US.md) - [LSGR.US](https://longbridge.com/en/quote/LSGR.US.md) - [PNQI.US](https://longbridge.com/en/quote/PNQI.US.md) - [W4VR.SG](https://longbridge.com/en/quote/W4VR.SG.md) ## Related News & Research - [Meta is asking some of its employees to become managers again in a new reorg](https://longbridge.com/en/news/298642956.md) - [Meta AI Officially Launches in Hong Kong, Available on IG, Threads and WhatsApp](https://longbridge.com/en/news/298704676.md) - [Top AI researcher Andrew Tulloch ditches Meta to work on training and inference at Anthropic](https://longbridge.com/en/news/298646874.md) - [20:12 ETFunction Now Connects to Meta's Muse, Allowing Members to Bring Their Personal Health Data to the New AI Agent](https://longbridge.com/en/news/298377828.md) - [Mark Zuckerberg's Meta Is Charging Consumers for a Personal AI Agent for the First Time. Here's What $20 and $100 a Month Could Add to Revenue.](https://longbridge.com/en/news/298687939.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**