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Meta stock drops 16.5% after Jim Cramer’s bullish call, but Wall Street remains optimistic for a 37% rally.

Market News
28 Oct 2026, 13:18 WIB
Finbold
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Bearish
Meta stock drops 16.5% after Jim Cramer’s bullish call, but Wall Street remains optimistic for a 37% rally.

Meta's stock fell sharply by 16.5% in the 15 days following Jim Cramer's strong endorsement calling it a 'monster long' based on AI user data. Despite this short-term decline, technical analysis currently signals a 'Sell' but monthly indicators suggest a 'Buy'. Wall Street analysts remain largely bullish, expecting a 37.46% rise to $852.50 within the next year, with most firms rating Meta as a 'Strong Buy'. The short-term outlook is cautious, but the long-term potential is viewed positively by institutional experts.

Meta Platforms Inc is trading at USD 622.61 on Pluang, showing a slight gain of 0.39% in the last day. The stock has a market cap of $1.61 trillion, with buyers making up 66% of order activity as of Oct 28, 2026, 17:31 WIB.

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