Meta Platforms shares have traded consistently in the $590–$600 range through early June 2026, with closes at 600.47 on June 1 and 597.63 on June 2 anchoring trader expectations for the week. This positioning reflects steady performance amid ongoing AI investments and recent announcements, including delays to a new large language model release and expanded AI agent capabilities highlighted by CEO Mark Zuckerberg. High capital expenditure forecasts for artificial intelligence infrastructure continue to weigh on sentiment while ad revenue and user engagement on core platforms provide support. Potential catalysts that could shift the range include unexpected regulatory actions on data privacy, sharper-than-expected AI spending updates, or broader market volatility affecting tech valuations.