Prediction markets are pricing a 100% probability that Meta Platforms stock will reach $740 during the week of April 27, 2026. The confidence is fueled by the largest year-over-year earnings per share growth in five years, driven by record corporate investment in artificial intelligence.
Analysts note this AI capex surge is being financed through a spike in investment-grade debt issuance. Even with the ongoing US-Israeli military campaign against Iran that began in February-disrupting global energy supplies-corporate earnings remain resilient. A recent ceasefire in the Strait of Hormuz could further stabilize energy markets.
Separately, markets see a 100% chance that US GDP growth for Q1 2026 will come in below 1.0%, signaling a cautious macroeconomic backdrop despite the tech sector's strength.