Meta is already struggling with stagnating user growth and now Russia blocking Meta. Are the Meta stock going to be a disaster like Netflix. Or is it already corrected enough to withstand the upcoming results ? #Meta #facebook #instagram
After talking with a couple of Fb friends, I would say, yes, shit is going to keep droppin’.
It is a tech crash, not just meta. All will crash. Earnings will disappear.
It already crashed. Its pe ratio is 13. Definetely being considered value now.
But can crash more.. nothing written
With many tech companies operating at PE of 8, 13 can still be very high for a company which is recessing with no immediate revival plans.