Meta Platforms shares are on track to reach $740 by late April 2026, with prediction markets now pricing the outcome at 100% YES. The unanimous sentiment follows a stronger-than-expected Q1 earnings report.
Revenue hit $56.31 billion, and adjusted earnings per share came in at $7.31-both above Wall Street estimates. Despite internet disruptions in Iran and Russia tied to geopolitical tensions, Meta grew its daily active users by 4% year-over-year.
The company is also doubling down on AI infrastructure, committing billions to AMD chips and data center expansion. This aggressive investment strategy continues to reinforce confidence in Meta's long-term growth trajectory.