Meta Faces Q2 Miss, $2.4B Legal Charges as AI Bets Drive 2027 Outlook
Meta’s stock performance is under pressure after a Q2 miss, $2.4 billion in legal charges, and concerns over $130 to $145 billion in 2026 capex. Analysts project 2026 EPS of $31.72 rising to $33.89 in 2027, with revenue climbing toward $305 billion. Management highlights faster ads growth and enterprise AI as new revenue, underpinning a path to $1,000 if AI spending delivers durable returns.