#MVRS META STOCK PRICE SERIES#

The latest downdraft in Meta's stock looks like a capitulatory move. Meta's products and services are used by 3B+ people on a daily basis, and none of Facebook, WhatsApp, Messenger, or Instagram are going anywhere. After internalizing Meta's Q3 report, I continue to like their social media assets, and I think we are getting a great deal at these prices. Due to heightened business uncertainty, Meta could remain in the penalty box until it shows significant improvement in business fundamentals. Hence, we may well get a re-acceleration in revenues by the second half of next year or early 2024. With that said, some of Meta's investments targeted at Reels, WhatsApp, and Messenger monetization should start yielding results in the next 12-18 months. Amid a challenging macroeconomic environment, Meta's aggressive spending plan for next year is scary poppins, and we could even see negative earnings in 2023 if the macro worsens from here. The biggest issue with Meta right now is its management's lack of willingness to moderate expenses quickly to protect or boost near-term profitability. In my view, Meta's Q3 report was slightly better-than-expected, and Q4 guidance was not apocalyptic. presented an aggressive spending plan for 2023 at the time of releasing Meta's Q3 2022 earnings report.

#MVRS META STOCK PRICE SERIES#

After recording a series of poor quarterly reports, Zuckerberg & Co. Market sold META stock into the abyss, and at one point, META traded at just ~10-12x P/FCF.

However, as a consequence of Meta's free-spending ways, Mr. While Meta's stock experienced insane volatility amid a vicious revenue and earnings contraction in 2022, Meta's key business fundamentals (i.e., user growth and engagement) remained resilient throughout these market gyrations. ( NASDAQ: META) stock has shot up higher in a straight line (~3x'ing in 8 months or so), with the social media giant's 'Year of Efficiency' and the early promise of generative AI luring investors and speculators back into META.

Since hitting a capitulatory bottom in October 2022, Meta Platforms, Inc.

Mvrs meta stock price