Key Stats for Meta Stock
- Price change for Meta stock: -2%
- $META Share Price as of Apr. 23: $659
- 52-Week High: $796
- $META Stock Price Target: $856
Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>>
What Happened?
Meta (META) stock dropped 2.4% on Thursday after the company confirmed it will cut roughly 10% of its global workforce — about 8,000 employees — starting May 20.
The social media giant is also scrapping plans to fill 6,000 open roles it had been hiring for. This isn’t Meta’s first round of cuts this year.
- In January, around 1,000 employees in the Reality Labs unit were let go.
- Another wave hit in March, affecting staff across Facebook, global operations, and sales.
- The company has also started replacing third-party content moderators with AI tools.
The common thread? AI.
- Meta is aggressively redirecting resources toward artificial intelligence, where it’s been playing catch-up with OpenAI, Google, and Anthropic.
- CEO Mark Zuckerberg has made AI the company’s top priority, and that focus is reshaping how Meta allocates both capital and headcount.
Meta stock also faces scrutiny over a new internal tracking tool called the Model Capability Initiative. It logs employee keystrokes and mouse clicks to help train AI agents — a move that drew attention this week after it was revealed to staff.
See analysts’ growth forecasts and price targets for Meta stock (It’s free) >>>
What the Market Is Telling Us About Meta Stock
Meta stock is essentially flat for the year, even after a strong Q4 where the company reported $59.9 billion in revenue and over 3.5 billion daily active users across its apps. The market isn’t panicking, but it’s watching closely.
Meta stock reports Q1 earnings on Wednesday alongside Alphabet, Amazon, and Microsoft. With $115–$135 billion in planned capital expenditure this year and operating income still expected to grow, investors will be looking for signs that the AI bet is paying off.
The cuts signal conviction.
Whether that conviction translates into returns is the question Meta stock needs to answer this earnings season.
Estimate a company’s fair value instantly (Free with TIKR) >>>
How Much Upside Does Meta Stock Have From Here?
With TIKR’s new Valuation Model tool, you can estimate a stock’s potential share price in under a minute.
All it takes is three simple inputs:
- Revenue Growth
- Operating Margins
- Exit P/E Multiple
If you’re not sure what to enter, TIKR automatically fills in each input using analysts’ consensus estimates, giving you a quick, reliable starting point.
From there, TIKR calculates the potential share price and total returns under Bull, Base, and Bear scenarios so you can quickly see whether a stock looks undervalued or overvalued.
See a stock’s true value in under 60 seconds (Free with TIKR) >>>
Looking for New Opportunities?
- See what stocks billionaire investors are buying so you can follow the smart money.
- Analyze stocks in as little as 5 minutes with TIKR’s all-in-one, easy-to-use platform.
- The more rocks you overturn… the more opportunities you’ll uncover. Search 100K+ global stocks, global top investor holdings, and more with TIKR.
Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. Our analysis might not include recent company news or important updates. TIKR has no position in any stocks mentioned. Thank you for reading, and happy investing!
