Meta closed October at $614.99, down 15.2% for the month and below the $625 price of its recent Class A stock offering. After the close on October 30, S&P Global Ratings lowered its outlook on Meta's AA- rating to negative from stable, forecasting a $71 billion free operating cash flow deficit for 2027 and leverage that could exceed 1.0x as early as 2027. S&P expects Meta to fund its 2028 shortfall entirely with debt and is less certain the company will curtail its spending. TIKR's consensus data is milder, projecting free cash flow of about negative $43 billion in 2027, about negative $8 billion in 2028 and about positive $58 billion in 2029. A Meta spokesperson said the company respectfully disagrees with S&P's view of its AI monetization, while CEO Mark Zuckerberg described serving high-margin inference demand through its API, the Muse Code tool and the Meta Enterprise Platform, without giving revenue figures.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Meta Stock Fell 15% in October, Then S&P Forecasts a $71 Billion Cash Flow Deficit. Here’s Where the Stock Could Go by 2030
Read the original on Yahoo Finance ↗
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META
▼ Likely negativeMeta Platforms
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.6T |
| Close on 10/30/2026 | 614.99 |
| Change that session | -1.53% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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