Meta (META) Stock News Today: Analyst Targets, AI Spending Debate and 2026 Outlook (Dec. 12, 2025)
Meta Platforms shares traded at $647.66 pre-market Friday, down from $652.71 at the prior close and well below the $796.25 52-week high. Investors are reacting to renewed concerns over AI spending after Oracle’s warning, a Morgan Stanley price target cut to $750, and technical signals pointing to weaker momentum. Analyst sentiment remains broadly positive despite volatility.