"Meta's market value dropped by roughly $300 billion in March, marking one of the sharpest sentiment reversals the stock has seen in years. The selloff accelerated in late March 2026 when a California jury found Meta 70% liable in a landmark social media addiction negligence case, ordering $4.2 million in damages."
"Meta beat Q4 EPS estimates by 8.03% in late January and revenue estimates by 2.42%. However, management guided for a steep $115 to $135 billion in capital expenditures for 2026, nearly double the prior year's pace, alongside total expenses of $162 to $169 billion."
Meta Platforms trades at $597, with a consensus price target of $860.25, suggesting a 44% upside. The stock has declined 12.81% this year due to market uncertainties. Meta, reaching over 3.5 billion users daily, reported $200.97 billion in revenue for 2025, growing 22.17% year over year. A significant selloff occurred in March, losing $300 billion in market value after a jury found it liable in a negligence case. Analysts remain optimistic, with 61 rating it a Buy despite rising expenses and legal challenges.
Read at 24/7 Wall St.
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