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Meta Platforms shares fell nearly 7% following Q3 2026 results that beat revenue expectations, as investors were concerned about negative free cash flow, rising capital expenditure guidance, and a 38% year-over-year increase in debt to $80.9 billion. Despite strong advertising business performance with partnership ads growing 97% YoY, the company's Reality Labs losses and escalating AI investments weighed on sentiment. Several analysts raised price targets, but some investors remain cautious about the stock's volatility.

Meta's Muse AI agent surpassed 5 million downloads in less than a month, faster than ChatGPT and other competitors. The company plans to monetize through transaction fees from commerce integrations with PayPal, Walmart, Best Buy, and other retailers. Wall Street analysts raised price targets, though earnings estimates remain unchanged and valuation appears premium on price/sales metrics.