# Meta Capital Raise Spooking Investors

> Meta's new share class and negative free cash flow trigger investor sell-off as price targets rise to $784.17.
- Title: Meta Capital Raise Spooking Investors · 24/7 Wall St.
- Summary: Meta's new share class and negative free cash flow trigger investor sell-off as price targets rise to $784.17. Meta's negative free cash flow and new share…
- Keywords: meta, free cash flow, price target, capital raise, investors, stock drop, nasdaq, meta share class, Capital, Raise, Spooking, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/10/27/metas-capital-raise-is-spooking-investors-what-the-price-targets-say-now
- Author: Vandita Jadeja
- Published: 2026-10-27T17:03:42+00:00
- Read time: 1 min
- Topics: meta, free cash flow, price target, capital raise, investors, stock drop, nasdaq, meta share class
## Meta Earnings Report
Meta reported negative free cash flow and a new non-voting share class for capital raising.
## Stock Drop After Report
Meta shares fell 12.76% over the past week, down 2.39% year to date.
## Price Target Update
24/7 Wall St. price target for Meta stands at $784.17 with 20.85% upside from current price.
## Negative Free Cash Flow
Free cash flow came in at negative $2.12 billion, causing significant selling pressure.
## Bull Case for Meta
Piper Sandler raised target to $875 from $785, with potential $848.45 upside if AI monetization grows.
## Bear Case Risks
Debt of $83.7 billion tops cash of $82.4 billion, with operating margin falling to 20% from 40%.
## Key takeaway

Meta's negative free cash flow and new share class caused a 12.76% stock drop, but analysts see $784.17 price target with 20.85% upside.