Will You Bottom Meta at $400?

In contrast to Tesla, Meta's first-quarter performance greatly exceeded expectations but provided a pessimistic outlook. During the earnings call, Mark Zuckerberg spoke more about the outlook for AI, continuing to increase investments in artificial intelligence, and expecting further increases next year. Meta lost 15% in the extended market. ---------------- Will Meta continue to fall after the plunge? What's your target price for Meta? Will you bottom Meta at $400?

Meta Platforms fell 10% since earnings announcement. Can Meta make a comeback?

Meta stock is currently trading 15.94% lower than its all-time high. Despite the recent 10% drop on earnings result day, Meta stock is still trading 12.29% higher than its 4Q2023 earnings release on February 1st. This indicates that the recent pessimism hasn't completely erased the gains it generated since the 4Q2023 earnings results. 1Q2024 Earnings Result: Revenue: USD36.46 billion vs. USD36.16 billion expected EPS: USD4.71 vs. USD4.32 expected Source: Reuters Source: Meta's Earnings Slides The 10% drop in stock price on earnings day were due to: Weaker earnings forecast: 2Q2024 total revenue is expected to fall within the range of $36.5 billion to $39 billion, with a midpoint of $37.8 billion. This misses the street estimate of $38.3 billion. Additionally, management anticipates a
Meta Platforms fell 10% since earnings announcement. Can Meta make a comeback?

Deep OTM Unusual Options Could Mean A Lot

On April 26th, there were unusual orders, but looking at a few with especially large trading volumes might not reveal much, because major technology companies happened to release their financial reports that week, and it was also Friday, so some investors would adjust their positions, roll over contracts, and some would close positions.If more attention is paid to the movements of unclosed orders that are in the money (especially deep in the money), one might be able to detect some large orders.There are investors starting to buy the $55 calls for $Tesla Motors(TSLA)$ with an average price of $20.81, betting on a rise above $170 within a month.After the financial report led to a sharp drop, there are investors who have bottom-fished the $380 calls
Deep OTM Unusual Options Could Mean A Lot

META Cash Flow after 1Q

$Meta Platforms, Inc.(META)$ Cash Flow after 1Q$49.5 B TTM FCF~$27 B TTM Capex (expected at $35-40 B for FY24)First dividend paid in 1Q (~$5 B yearly)At TTM FCF that would be ~10% payoutImageMETA buybacks$112 B since FY19$71.6 B repurchase authorization remains available (~6% of market cap)ImageIt's impressive to see how META is reinvesting in itself with such a substantial buyback. Proves they have confidence in their own growth potential.https://twitter.com/DividendWave/status/1784291553906762090
META Cash Flow after 1Q
avatarvivi777
04-26
avatarKozy1
04-26
$Meta Platforms, Inc.(META)$ The market sometimes just lacks any reason $Tesla Motors(TSLA)$ goes up on the back of terrible results, serious headwinds and a lot of bullshit about unproven products, while meta goes south on excellent performance and strong tailwinds. Meta is a buy for me
avatarBarcode
04-26
META is a great company. A great buying opportunity for buy and hold stock for your portfolio.
avatarBarcode
04-26
You are just seeing a typical market overreaction with META
avatarBarcode
04-26
META will definitely bounce back.
avatarBarcode
04-26
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avatarBarcode
04-26
Replying to @koolgal:Absolutely a great opportunity!//@koolgal:๐ŸŒŸ๐ŸŒŸ๐ŸŒŸThis drop in Meta Platforms shares price is a great opportunity to bargain hunt the stock as it can only go up long term.
avatarmster
04-25
$Meta Platforms, Inc.(META)$   Meta will likely bottom at around $400-high $300, closing the gap it has created from its last earning which one can see clearly on the technical chart.  While the market will soon realize that the company did make good profits from last quarter's, share price will creep back up soon enough. What one may really need to look out is the next few quarters, the out flow of capital going into R&D of their AI products will send painful reminders to what happen 2 years ago of how they've had with their metaverse investments. ๐Ÿคž
avatarSirhc
04-25
avatarSirhc
04-25

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Why is META's plunge marketing overeacting?

Does $Meta Platforms(META)$ โ€˜s increasing CapEx for AI make investors unsafe? Some of the members of Congress are among the investors who suffered from this sharp decline, who recently voted to pass the TikTok "ban-or-divestment" bill. Shorts takes all!
Why is META's plunge marketing overeacting?
avatarHLPA
04-25
$Meta Platforms, Inc.(META)$  META will fall to the dumps soon. US is banning TikTok largely to protect it from being overrun by it. Millions of Americans, especially the young, are going to loose their voice as TikTok has become their darling in social media. From school students to businesses, they are taking up arms against the US govt leaders who are openly saying and accusing TikTok as being a spy forChina! Oh my God, these dimwit US leaders are simply put are protecting META and the likes. No wonder, META is facing this huge drop in their share price, I believe. At the close yesterday, Meta Platforms' earnings call badly disappointed investors with a drop of 0.52%. META  shares sank 15% in post market