META

Meta: metaverse cuts and unusual options activity

Meta is considering significant cuts to its Metaverse division, analysts view this positively, and unusual options activity was recorded.

By the SpyStocks desk · 8mo ago · 2 min read

$META

There are headlines, there is analysis of headlines

And there's what happens behind the scenes

In the headlines?

According to reports, Meta is considering significant cuts to its Metaverse division.

Company executives are discussing budget reductions of up to 30% for 2026.

This figure far exceeds Mark Zuckerberg's broader request for a 10% company-wide cut and could lead to layoffs starting in January.

Although a final decision has not yet been made, this move indicates a possible retreat from an initiative once considered the company's future.

How analysts interpret the move

Analyst Lloyd Walmsley from Mizuho Securities analyzes

According to him, these cuts could add about $2 per share to the projected 2026 earnings per share (EPS) of $29.50.

The cuts may also strengthen confidence in the company's investments in generative artificial intelligence (Gen-AI).

According to the analyst, he maintains an 'Outperform' rating and a price target of $815 for Meta stock.

At Mizuho Securities, the price is even higher at $1,245.

And what's happening behind the scenes?

Unusual activity was recorded in the options market

Purchases of CALL options totaling $5,000,000 with a strike price of $700 for mid-January.

We are monitoring

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