Meta Stonks up ⬆️ or down ⬇️ after earnings. #stonks101 #metaverse
Apr 19
10 Comments
I think Meta’s R&D cost and operating cost will increase.
Users growth is close to saturation. They are still struggling with ads targeting.
- Google Ads & Amazon Ads are giving tough time to meta for Ad revenue.
- For Monthly active users & daily active users, Tik Tok is eating their lunch.
- Instagram is holding their shit together.
- WhatsApp is net negative for Revenue
- Oculus hasn’t matured yet commercially.
- Metaverse is huge investment which no one knows how are they executing it for profitability apart from selling 🍭 to investors/bankers on a new buzzword.
I will repost this poll after earnings to see whether our collective wisdom was correct or not ✌🏻
Price target: $150-155
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Only those who who want to get arrested by the feds for insider trading would be foolish to "chime in".