META) stock

2022 - 11 - 1

Post cover — Image courtesy of "Motley Fool"

Why Meta Platforms Stock Crashed (Again) Monday Morning (Motley Fool)

Investors continue to digest Meta's tepid earnings results. There are also questions about heavy spending at Facebook's Reality Labs. Instagram suffered an ...

Furthermore, these issues combined with the macroeconomic uncertainty and the ongoing [bear market](https://www.fool.com/investing/how-to-invest/bear-market/) have wreaked havoc on Meta's stock, which has tumbled 73% so far this year. [social media](https://www.fool.com/investing/stock-market/market-sectors/communication/social-media-stocks/) titan continues to suffer the consequences of its troubling third-quarter financial results, while an outage on its Instagram platform compounded matters today. Still, it's hard to bet against a company with 3.71 billion monthly users and billions of dollars in free cash flow each year. Meta no doubt has the resources to right the ship and weather this storm. Finally, if Meta wasn't facing enough challenges, reports emerged early Monday that Instagram was down across large swaths of the community. Zuckerberg went even further, saying the company expects Reality Labs' operating losses next year "will grow significantly," with apparently no end in sight.

Meta Platforms Stock: I Am Buying The Panic Aggressively (Seeking Alpha)

Social media company Meta Platforms faces slowing sales growth. Click here to read why I am buying META stock hand over fist.

Despite a sales slowdown, the social media company is expected to remain profitable. Disclosure: I/we have a beneficial long position in the shares of META either through stock ownership, options, or other derivatives. With TikTok gaining traction, Meta may need to either double down on its investments/scale of the Facebook Reels or find a way to improve monetization. I have no business relationship with any company whose stock is mentioned in this article. Meta earned $4.40 billion in net income in the third quarter and remains the world's largest social media company, with nearly 3 billion daily active users. According to the Relative Strength Index, the stock is now significantly oversold, which could be interpreted as a contrarian buy signal. The panic has reduced Meta's earnings multiple to 9.5x, down from 24x at the start of 2022. Meta lost roughly a quarter of its market value after earnings, which I believe is not only exaggerated, but unwarranted. Meta fell 25 cents short of the average earnings forecast of $1.89 per share, resulting in a major stock meltdown following earnings. The social media company saw a 25% valuation cut after earnings, and while the fourth-quarter sales growth forecast is soft, I believe investors are making a big mistake by ignoring META at such a compelling valuation. Because investors are hypersensitive to uncertainty and slowing sales growth, I can understand how the market reacted after earnings were reported. [Third quarter earnings](https://seekingalpha.com/news/3895857-meta-platforms-gaap-eps-of-1_64-misses-0_22-revenue-of-27_71b-beats-310m) of Meta Platforms, Inc.

Is The Meta Platforms Stock Meltdown a Rare Buying Opportunity? (Entrepreneur)

Social media developer Meta Platforms (NASDAQ: META) stock took a (-24%) cliff dive after its Q3 2022 earnings miss. While the earnings miss.

Meta has teamed up with [Microsoft (NYSE: MSFT)](https://www.marketbeat.com/stocks/NASDAQ/MSFT/) to bring their productivity suites, [Adobe (NYSE: ADBE)](https://www.marketbeat.com/stocks/NASDAQ/ADBE/) and [Autodesk (NASDAQ: ADSK)](https://www.marketbeat.com/stocks/NASDAQ/ADSK/) for creativity tools, [Zoom (NYSE: ZM)](https://www.marketbeat.com/stocks/NASDAQ/ZM/) for communications and [Accenture (NYSE: ACN)](https://www.marketbeat.com/stocks/NASDAQ/ZM/) for enterprise solutions. Meta has clearly warned investors of more pain in the near term to gain in the long term and the market is repricing its shares as result. [Ad spending](https://www.marketbeat.com/originals/snap-stock-falls-as-user-growth-slows-to-single-digits/) has been falling as evidenced by the results for [Snap (NASDAQ: SNAP)](https://www.marketbeat.com/stocks/NYSE/SNAP/) and [Alphabet (NASDAQ: GOOGL)](https://www.marketbeat.com/stocks/NASDAQ/GOOGL/), which saw its YouTube ad sales fall (-2%) in the last quarter. dollar](https://www.marketbeat.com/originals/here-are-3-stocks-that-benefit-from-a-strong-us-dollar/) make a $1.79 billion impact on revenues and is expected to make a (-7%) impact in the next quarter. [video gaming](https://www.marketbeat.com/originals/unity-software-is-the-other-video-game-engine-to-watch/) has been slow. The collapse in Meta’s shares has dropped its price/earnings to under 13X. Virtual reality is not accessible to the mainstream at present as it requires a powerful computer and expensive special headgear. In fact, Zuckerberg cautioned that the losses in its Reality Labs segment which is dedicated to the [Metaverse](https://www.marketbeat.com/originals/can-roblox-reverse-its-falling-bookings-amid-rising-engagements/) would continue to grow “significantly” in 2023. Meta shares are providing a [bargain opportunity](https://www.marketbeat.com/originals/upwork-shares-stumble-into-bargain-territory/) for investors that have been waiting for a pullback. The technical damage to the stock will take time to heal as the market re-prices its valuation for META stock. However, the strong engagements underscore that Meta is not becoming the Myspace of [social media](https://www.marketbeat.com/originals/can-pinterest-rally-on-support-from-big-investor-with-conviction/) any time soon. [Meta Platforms (NASDAQ: META)](https://www.marketbeat.com/stocks/NASDAQ/META/) stock took a (-24%) cliff dive after its Q3 2022 earnings miss.

What's Going On With Meta Platforms Shares - Meta Platforms ... (Benzinga)

Meta Platforms Inc (NASDAQ: META) shares are trading lower by 6.43% to $92.82 and near session lows Monday afternoon on continued weakness following the ...

[Read More](https://www.benzinga.com/news/22/10/29482433/instagram-faces-partial-outage-users-complain-of-disappearing-accounts-globally) [Instagram platform](https://www.benzinga.com/news/22/10/29482433/instagram-faces-partial-outage-users-complain-of-disappearing-accounts-globally) is facing a partial outage on Monday in some parts of the world, Downdetector reported Monday. [why it's moving](https://www.benzinga.com/taxonomy/term/768599) [Movers](https://www.benzinga.com/taxonomy/term/24) [Trading Ideas](https://www.benzinga.com/taxonomy/term/22) Meta Platforms last week reported third-quarter revenue of $27.71 billion, a 4% decline year-over-year. [Read More](https://www.benzinga.com/news/earnings/22/10/29425603/meta-platforms-run-from-q3-earnings-revenue-beat-eps-miss-daily-users-up-costs-set-to-climb-in-2023) [Here’s what analysts](http://www.benzinga.com/analyst-ratings/analyst-color/22/10/29441523/2023-an-investment-year-for-meta-platforms-why-these-6-analysts-are-lowing-price-ta) are saying about the company’s growth and high spending on the metaverse sector. The weakness is also possibly amid recent Instagram account issues and platform outages.

Should I buy Meta or any other FAANG stock in November? (Yahoo Finance UK)

The recent wave of market volatility made me wonder if now is the right time to buy Meta stock, or any of the FAANGs for that matter. The post Should I buy ...

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Meta, Alphabet And Disney Are In The Most Battered Sector This ... (Forbes)

The communication services stocks have been the hardest-hit this year. Do bargains lurk in the tattered sector?

Twitter is a wild card, after Elon Musk bought the company, giving shareholders a 26% gain for this year. Many parts of the Disney empire are mutually reinforcing, in my view, and that’s a big reason I like the stock. A weak point is the debt level, 1.99 times stockholders’ equity. But there are other choices in the sector I like more. We’ll see what the new “chief Twit” does. A strong point is the dividend yield, 6.8%. Musk has had big successes with Tesla and SpaceX. It sells for 110 times recent earnings–far too high a multiple for my taste. These developments have excited investors, who have pushed T-Mobile shares up 32% this year in a down market. After this downturn, the stock sells for 19 times recent earnings. It has close to $42 billion in cash or marketable securities. Meta Platforms ($266 billion), formerly Facebook, depends on ad revenue, which is falling lately.

Bulls on Meta Stock Have One Big Problem: Mark Zuckerberg (Bloomberg)

Mark Zuckerberg built Meta Platforms Inc. into one of the biggest companies in the world, but some investors now see him as an obstacle to the stock ...

The biggest weight on the stock: Meta is spending billions of dollars to develop the metaverse, an immersive virtual world that the chief executive officer has [long believed](https://www.bloomberg.com/news/articles/2014-03-26/facebook-makes-2-billion-virtual-reality-bet-with-oculus) represents the future of computing. [earnings](https://www.bloomberg.com/news/articles/2022-10-26/meta-s-zuckerberg-asks-for-patience-as-costs-spook-investors) pushing the shares to a multi-year low. [Meta Platforms Inc.](/quote/META:US) into one of the biggest companies in the world, but some investors now see him as an obstacle to the stock recovering from a [historic selloff](https://www.bloomberg.com/news/articles/2022-10-27/meta-s-spiralling-rout-puts-it-on-brink-of-losing-top-20-status).

Meta shareholders rage at 'tone-deaf' Mark Zuckerberg's metaverse ... (New York Post)

Major Meta shareholders are furious that CEO Mark Zuckerberg has continued pouring billions into his struggling metaverse initiative despite their concerns, ...

I don’t think you’re going to know if it is the right move for five or 10 years,” Older told the outlet. Aside from serving as Meta’s CEO, Zuckerberg controls more than 54% of the company’s voting-class shares. One source familiar with the talks said there was a palpable “sense of frustration” over Meta’s rampant spending. Meta routinely meets with top shareholders following the company’s earnings reports. “The timeline for the metaverse is very stretched. A Meta spokesperson told the FT that the company values “the opinions of our investors and regularly engage with them to ensure we’re aware of their respective perspectives.”

While chasing the metaverse, Mark Zuckerberg's personal fortune ... (Yahoo Finance)

Mark Zuckerberg said 2 months ago being Meta CEO was like "being punched in the stomach" every day. He's lost $25 billion since.

Sorry! You Can't Turn Back the Clock on META Stock. (Investorplace.com)

Meta Platforms (META) recently posted quarterly data indicating a downturn in income and a ramp-up in expenditures. The company modeled an elevated expense ...

On the date of publication, Louis Navellier had a long position in META. Granted, some investors may still be on board with Zuckerberg’s gigantic bet on the build-out of the metaverse. Wall Street only expected Meta Platforms to model 7% YOY expense growth for FY2023, so the announcement alarmed investors. Then, investors recently learned that Meta Platforms anticipates 13% year-over-year (YOY) expense growth for FY2023. Sure, but not every financial trader is willing to go all-in on the metaverse with Zuckerberg. It also didn’t help that Meta Platforms indicated higher spending as well as lower revenue and income during 2022’s third quarter.

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