TLDR
- Meta shares rose about 3% in premarket trading Monday to around $683.
- Facebook and Instagram suffered brief outages Sunday evening, according to Downdetector.
- More than 17,000 Facebook outage reports and over 5,000 Instagram reports were recorded at the peak.
- Meta Muse has reached the top spot on Apple’s U.S. App Store, supporting investor interest in the company’s AI strategy.
- Wall Street’s average Meta price target stands at $759.43, implying about 14% upside from recent levels.
Meta Platforms shares moved higher in premarket trading Monday despite a brief outage affecting Facebook and Instagram on Sunday evening.
The stock rose about 3% to roughly $683 before the opening bell.
The gains came as investors focused more on recent developments around Meta’s artificial intelligence products than on the short-lived service disruption.
Facebook and Instagram Hit by Brief Outage
Downdetector recorded more than 17,000 reports of problems with Facebook late Sunday.
Instagram generated more than 5,000 outage reports around the same period.
BREAKING: Facebook & Instagram are currently down for thousands of users.
— Polymarket (@Polymarket) September 21, 2026
The number of reports declined sharply within about two hours.
Downdetector data is based on user submissions, so it does not show the exact number of people affected.
The cause of the outage was not immediately clear.
Meta had not commented on the disruption at the time of the reports.
The company has experienced several service problems this year.
In July, Downdetector recorded more than 4,800 Facebook reports in the U.S. and more than 2,800 Instagram reports during another outage.
A separate disruption in June reportedly affected more than 100,000 users worldwide.
Facebook and Instagram also experienced a longer outage earlier in March.
Meta Muse AI Gains Early Traction
Investor attention has also turned toward Meta Muse, the company’s personal AI agent.
Muse recently reached the number one position on Apple’s U.S. App Store.
The tool can carry out tasks for users, including opening applications, completing forms and sending emails.
Meta is positioning Muse against rival AI assistants and agents from OpenAI, Anthropic and Google.
Strong early adoption could help support Meta’s efforts to generate more value from its large investments in artificial intelligence.
Analysts cited in the reports see consumer AI agents as a potentially large market.
Meta already reaches billions of users through Facebook, Instagram, WhatsApp and Messenger, giving the company a large distribution network for new AI services.
That existing user base could help Meta introduce AI tools directly into products people already use.
Wall Street Remains Positive on Meta
Wall Street analysts continue to hold a positive view of Meta shares.
The stock has a Strong Buy consensus based on 38 Buy ratings and six Holds issued during the past three months, according to the report.
The average analyst price target is $759.43.
That represents roughly 14% upside from the share price cited in Monday’s premarket session.
The latest outage appears to have had little immediate effect on investor sentiment.
For now, the market is focusing more closely on Meta’s AI product rollout and the early response to Muse as the company expands further into consumer AI agents.
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