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Summary
Meta Platforms (META) fell 3.27% to $737.54 on October 14, 2026, deeper than the Nasdaq Composite's 1.88% drop.
Financial media tied the move to a Guggenheim analyst raising his 2027 capital spending estimate for Meta to $225 billion from $203 billion.
Meta's own guidance calls for 2026 capital expenditures of $130 billion to $145 billion, keeping AI spending in focus.
Gotrade News - Meta Platforms (META) fell 3.27% to close at $737.54 on Wednesday, October 14, 2026, the latest meta stock news as the shares gave back $24.96 in a broad tech selloff. Financial media tied the drop to a higher Wall Street estimate for Meta's AI infrastructure spending, which renewed questions about how much the company will pour into data centers.
META Trading Data
Data
Value
Closing price
$737.54
Change
-$24.96 (-3.27%)
Previous close
$762.50
Open
$760.75
Day range
$734.29 to $761.50
Volume
16.1 million shares
30-day average volume
21.4 million shares
52-week range
$520.26 to $779.82
Market cap
$1.94 trillion
Regular-session close on Wednesday, October 14, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against Nasdaq's official close. Indices, the 10-year Treasury yield and oil (Brent and WTI front-month futures): Yahoo Finance daily closes for the same date.
Meta opened at $760.75, briefly touched $761.50, then slid for most of the session to a low of $734.29. It finished just $3.25 above that low, near the bottom of the day's range.
Volume came in at 16.1 million shares, 24.70% below the 21.4 million share average, so the decline was not driven by unusually heavy trading. The drop was 1.39 percentage points deeper than the Nasdaq Composite, which lost 1.88% to 26,692.87, while the S&P 500 fell 1.11% to 7,718.94 and the Dow Jones Industrial Average slipped 0.09% to 51,621.48.
Other large tech names also struggled. Nvidia (NVDA) fell 3.16% and Microsoft (MSFT) lost 1.80%, while the US 10-year Treasury yield eased 2.7 basis points to 5.19%. Meta now sits 5.42% below its 52-week high of $779.82 and 41.76% above its 52-week low of $520.26.
As reported by GuruFocus, the decline followed a note from Guggenheim analyst Michael Morris, cited by Barron's, who raised his 2027 capital spending estimate for Meta to $225 billion from $203 billion. GuruFocus stressed that the figure is Morris's own estimate and not company guidance.
The estimate lands well above Meta's own plan. According to the company's second quarter 2026 results filed with the SEC, Meta expects 2026 capital expenditures of $130 billion to $145 billion and full-year total expenses of $165 billion to $169 billion.
Spending was also in focus after comments from Mark Zuckerberg. Per Benzinga, Zuckerberg said on a podcast that Meta was ready to "write this check for, like, I don't know, like $100 billion, $200 billion" on AI infrastructure, arguing the buildout would "position the company to really lead in the area for decades to come."
META Stock Analysis: Supporting Factors and Risks
Supporting Factors
Meta's second quarter revenue grew 28% to $60.80 billion, with ad impressions up 14% and average ad prices up 12%, according to GuruFocus.
Zuckerberg said Meta plans to make its Muse models self-funding through premium consumer subscriptions and "business in a box" tools for small businesses, per Benzinga.
Deepwater's Gene Munster argued that the Muse personal AI agent could challenge Google search in purchases and bookings, as reported by Stocktwits, a view on Meta's reach against Alphabet (GOOGL).
Risks
Operating income fell 8% to $18.78 billion in the second quarter as costs rose, GuruFocus reported.
Zuckerberg put the upfront cost of a 1 gigawatt data center at $50 billion to $60 billion and its yearly running cost at about $15 billion, per Benzinga, while Meta plans to scale its Louisiana cluster to 5 gigawatts.
Higher outside spending estimates, such as Guggenheim's $225 billion figure for 2027, could keep pressure on margins if revenue growth slows.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms registered with Kominfo (Indonesia's Ministry of Communication and Informatics). His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
