Meta stock expected to dip below $500 due to tariff concerns and cautious investor sentiment.
From Stocktwits: 2025-04-07 08:52:00
Meta Platforms, Inc. announced the launch of Llama 4, their latest open-source artificial intelligence models, with Scout, Maverick, and Behemoth being the first models unveiled. Meta’s stock is expected to dip below $500 for the first time in eight months due to concerns over President Trump’s reciprocal tariffs. Despite the new AI models, investors remain cautious. Meta also plans to invest nearly $1 billion in a data center project in Wisconsin. Analysts have reduced the price target for Meta stock to $600 from $725. Sentiment on Stocktwits has shifted to ‘neutral’ from ‘bullish’. The stock fell 2.32% in premarket trading.
Read more at Stocktwits: Meta Stock On Track To Break Below $500 As Investors Shrug Off Llama 4 AI Model Launch Amid Tariff Concerns: Retail’s Cautious