META Stock Faces Potential 22% Drop According to Analysts

META Platforms stock opened at $627 on Thursday following a 2.6% decline in the previous session. Recent concerns from CEO Mark Zuckerberg regarding the pace of AI infrastructure development and competition have sparked investor anxiety. These internal challenges are compounded by the company recent history of staff layoffs and a hiring freeze, leaving some shareholders uncertain about future growth.

Technical analysts are now pointing to a bearish outlook for the social media giant. One analyst suggested that the stock has hit a ceiling, indicating that short positions may outperform long ones in the near term. The analysis draws parallels to market patterns seen in 2018, suggesting that the equity has entered a period of correction.

If the current trend continues, experts predict the stock could fall to $485, marking a 22% drop from recent levels. Should the support at that price point fail, the decline could extend further toward $450. Traders are keeping a close watch on these support levels to see if the stock can recover or if it will continue its downward slide.