Meta Platforms forecasts Q4 revenue in the region of $45 billion to $48 billion, and overall capital spending for 2024 will be between $38 billion and $40 billion. The spending surge contributed to shares falling 4% on Oct. 31. Meta's stock is up 59% YTD, and shares have surged 86.2% from a year ago. Goldman Sachs analysts maintained their buy rating but cut their price target to $630 from $636.