Meta Platforms: Sell Before Reality Hits

Bears of Wall Street
8.2K Followers
(9min)

Summary

  • Meta’s weakening ad impression growth and the increasing regulatory threats in both Europe and the United States threaten the bullish thesis.
  • By trading at 25x its forward earnings expecting to spend over $65 billion on capital expenditures in fiscal 2025, Meta offers little upside right now.
  • We continue to rate Meta as a SELL.

Facebook Covers Sign At Menlo Park Headquarters

Justin Sullivan

Meta Platforms (NASDAQ:META) has made an impressive recovery after its disastrous performance in 2022 and managed to restore investors’ confidence, which helped its shares reach new all-time highs. However, despite that, the company faces mounting structural headwinds that threaten its long-term

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8.2K Followers
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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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