“`html
Meta Platforms (NASDAQ: META) experienced a significant decline in its stock price following its Q3 2025 earnings report, which was released in late October. Shares fell over 11% on October 30, closing near $666, and continued to decrease to as low as $589. As of December 9, shares are trading around $657, recovering somewhat from the initial drop.
One factor contributing to this rebound is the potential reduction of metaverse spending by up to 30%, as reported by Bloomberg. CEO Mark Zuckerberg is considering these cuts, which sent shares up by 3.4% on December 4. In the past year, Meta’s Reality Labs segment has generated $2.34 billion in revenue, with cumulative operating losses around $70 billion. Analysts have responded positively to the news, with Arete Research upgrading Meta from Neutral to Buy, projecting a target price of $718, while Rosenblatt Securities reiterated a Buy rating with a target of $1,117, indicating a bullish outlook for the company.
“`
