Meta Platforms: Time For A Breather (Rating Downgrade)


  • After a 45% run in two months, Meta Platforms may have run too far too fast.
  • Technicals, price targets, Seeking Alpha quant ratings, and estimates support this claim.
  • Fundamentally, Meta is challenged on its bread-and-butter territory while new avenues are still unproven.
  • Cost-cutting measures, while welcome, may not be good enough to be the sole savior.

Facebook Covers Sign At Menlo Park Headquarters

Justin Sullivan

I wrote this article on Meta Platforms, Inc. (NASDAQ:META) the day after the company announced its layoff in November. The article argued that the bottom may have been in for META stock as it finally appeared like “The

Meta Performance

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SA Ratings

SA Ratings (

Meta Estimates

Meta Estimates (Yahoo Finance)



Meta Price Target

Meta Price Target (

Disclosure: I/we have a beneficial long position in the shares of META, AMZN, AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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