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Meta's 17% stock drop amid AI launch signals a strong buying opportunity.

Market News
28 Oct 2026, 19:45 WIB
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Bullish
Meta's 17% stock drop amid AI launch signals a strong buying opportunity.

Meta's stock fell 17% in a month despite launching Muse, an AI agent driving $200 average purchases for millions of users. The company reported strong Q3 ad revenue growth of 26%, with AI improving ad pricing and effectiveness. Muse quickly gained over 10 million users, boosting commerce through transaction fees. Despite a Q3 EPS miss due to a large legal settlement, revenue beat estimates and Q4 guidance remains strong. Risks include youth mental health litigation and heavy capex, but strong cash flow and growth prospects keep Meta attractive for long-term investors.

Meta Platforms shares trade at USD 614.23 on Pluang as of Oct 29, 2026 00:02 WIB, down 0.96% in the last day. The stock remains well below its 52-week high of USD 777.59 but above the low of USD 525.72. On Pluang, 66% of order activity is buying, reflecting ongoing investor interest despite recent volatility.

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