Meta Platforms stock is down due to wider tech sell-off and reduction in price target.

From Nasdaq: 2025-03-18 15:04:54

Shares of Meta Platforms (NASDAQ: META) are down 4.1% amid a broader market decline, with the S&P 500 falling 1.3% and the Nasdaq Composite losing 1.9%. KeyCorp reduced Meta’s price target to $710, citing a wider tech sell-off. The Nasdaq-100 is down over 12% this month due to trade tensions and inflation concerns.

Meta Platforms is facing challenges as it experiments with AI features on Instagram, like AI-generated comments. Despite these missteps, Meta remains a strong investment in tech with a P/E ratio of 25.3. The Motley Fool Stock Advisor team did not include Meta in their top 10 stock picks, emphasizing other potential high-return investments.

Former Facebook director Randi Zuckerberg, sister of Meta CEO Mark Zuckerberg, is a member of The Motley Fool’s board. The Motley Fool has positions in and recommends Meta Platforms. For more investment opportunities, consider the top 10 stocks recommended by The Motley Fool’s Stock Advisor service.



Read more at Nasdaq: Why Meta Platforms Is Sinking Today