Meta Platforms (META) Stock Today, November 24, 2025: AI Power Trading, Legal Scrutiny and Analyst Calls Drive a $610 Rebound

Meta Platforms, Inc. (NASDAQ: META) is trading higher on Monday, November 24, 2025, as investors digest a fresh wave of headlines spanning AI data-center spending, power trading, youth-safety lawsuits and a record privacy settlement targeting Mark Zuckerberg and other directors.

As of late Monday morning U.S. time, Meta shares are changing hands around $610, up roughly 2.6% on the day, according to real‑time data compiled by MarketBeat. ^[1] The move extends a modest rebound after a sharp pullback: META remains more than 25% below its recent highs earlier this year, a drop that some analysts and commentators now describe as a “buy-the-dip” opportunity. ^[2]

Below is a detailed look at today’s key Meta stock news (24.11.2025), what’s driving sentiment, and how Wall Street currently values the social‑media and AI giant.

META stock price today: bounce after a tough month

Price: about $610 per share
Intraday move: roughly +2.6% vs. Friday’s close ^[3]
Market cap: around $1.8 trillion based on live quote data.

After a blistering run earlier in 2025, Meta entered November under pressure as investors questioned whether its AI infrastructure spending and Reality Labs losses might be getting ahead of future profits. Commentators at outlets such as The Motley Fool and Seeking Alpha note that META is now down more than 25% from peak levels, even though the core ad business continues to post strong double‑digit revenue growth. ^[4]

At the same time, multiple valuation trackers show Meta trading at a mid‑20s price‑to‑earnings (P/E) multiple on trailing earnings:

FinanceCharts estimates a trailing P/E of about 26.3x as of Friday. ^[5]
Other platforms like Fullratio and GuruFocus put the figure in the 25–26x range, roughly in line with or slightly below longer‑term averages for large‑cap tech. ^[6]

In other words, the stock is no longer the bargain it was after the 2022 crash, but it also isn’t trading at the nosebleed multiples sometimes seen at the height of AI euphoria.

Earnings backdrop: strong Q3 growth, distorted by a huge tax charge

Meta’s latest reported quarter (Q3 2025, released October 29) provides important context for today’s move. ^[7]

Key figures from the company’s official earnings release:

Revenue: $51.24 billion, up about 26% year‑on‑year ($40.59 billion a year ago).
Income from operations: $20.54 billion, up 18% vs. Q3 2024.
Net income:$2.71 billion, down sharply from $15.69 billion last year, primarily because of a one‑time, non‑cash income tax charge of $15.93 billion tied to U.S. tax law changes (the “One Big Beautiful Bill Act”).
Operating margin: a still‑robust 40% despite surging investment in AI infrastructure.

On a cash basis, Meta continues to be a machine: operating cash flow for the first nine months of 2025 reached nearly $80 billion, though free cash flow is heavily pressured by AI data‑center spending. ^[8]

Management has also guided investors to expect much higher capital expenditures in 2026 than in 2025, driven by:

Larger AI compute requirements
More cloud capacity
Higher employee compensation for AI talent

The company explicitly warns that total expenses will grow “significantly faster” in 2026 than in 2025, and flags active legal and regulatory matters in the U.S. and EU as additional headwinds that could “significantly impact” results. ^[9]

Today’s biggest legal and regulatory headlines for Meta (24 November 2025)

1. Court filings allege Meta buried “causal” evidence of social‑media harm

The most‐discussed Meta story this Monday comes from newly unsealed court filings in a U.S. lawsuit brought by school districts against several social‑media companies.

According to Reuters, internal Meta research (code‑named “Project Mercury”) reportedly showed that people who deactivated Facebook for a week reported lower levels of depression, anxiety and social comparison. The filing alleges that instead of publishing the findings or pursuing more research, Meta halted the project and downplayed the conclusions, even as staff internally warned that ignoring the results looked like “tobacco”‑style behavior. ^[10]

Meta has responded that the study’s methodology was flawed and that the company continues to improve safety features. But the filing is expected to fuel political and legal pressure, especially around youth mental health and platform design.

2. Senators push for review over scam‑ad revenue

A second legal overhang today: a group of U.S. senators has asked regulators to open a fresh investigation into Meta after reports that the firm may generate close to 10% of its annual revenue from ads promoting scams or banned goods. ^[11]

Internal files from late 2024 cited in Reuters reporting allegedly suggested Meta could earn about $16 billion a year from such ads, and up to $3.5 billion every six months from “higher‑risk” campaigns that might mislead users. ^[12] TipRanks’ write‑up of the story notes that this controversy lands just as analysts maintain a Strong Buy consensus on the stock, highlighting an unusual gap between political scrutiny and Wall Street optimism. ^[13]

3. A record $190 million board‑level privacy settlement

Just days before today’s session, Mark Zuckerberg and several current and former Meta directors agreed to a $190 million settlement to resolve shareholder litigation over Meta’s handling of user privacy in the Cambridge Analytica scandal. ^[14]

Key points from the Reuters and CalSTRS disclosures:

The case was a shareholder derivative suit in Delaware, meaning the money goes back to Meta itself, not directly to investors. ^[15]
The settlement — paid by directors’ and officers’ insurance — is one of the largest derivative recoveries ever involving alleged board oversight failures. ^[16]
Meta agreed to strengthen governance, including enhanced whistleblower protections, tighter rules on director conflicts and insider trading, and limits on Zuckerberg’s authority over board‑level conflict decisions. ^[17]

While this settlement does not directly hit Meta’s earnings, it underscores how legacy privacy issues continue to generate costly legal and governance fallout, something investors must factor into long‑term risk assessments.

4. Spanish GDPR fine and tightening EU rules

Another overhang highlighted in recent coverage is a Spanish court ruling ordering Meta to pay roughly €479 million (about $552 million) over alleged violations of the European Union’s GDPR rules. ^[18]

Layered on top of earlier EU disputes — including challenges to Meta’s “pay or consent” ad model — this ruling reinforces the message that Europe remains a high‑risk jurisdiction for Meta’s advertising business.

On the AI front, the European Commission has also confirmed that enforcement of the EU AI Act will proceed on schedule, rejecting requests from major companies including Meta to delay compliance by six months. ^[19] That adds another regulatory dimension to Meta’s already complex European landscape.

AI, data centers and a bold expansion into power trading

Even as legal headlines multiply, Meta continues to double down on its AI and infrastructure strategy, which is central to the long‑term investment case.

A $600 billion U.S. AI infrastructure push

On November 7, Meta announced a plan to invest $600 billion in the U.S. through 2028 to expand its AI data center network, strengthen infrastructure and increase domestic employment. ^[20]

According to the RTTNews/Nasdaq report, the plan includes: ^[21]

Building “industry‑leading AI data centers” across the U.S.
Supporting tens of thousands of skilled trade and operations jobs
Funding the build‑out partly through a $27 billion deal with Blue Owl Capital to finance what Meta calls its largest data‑center project globally.
Capex guidance of $116–$118 billion for 2025, up from a prior forecast of $114 billion, with management signaling even faster capex growth in 2026.

This combination of aggressive AI spending and creative infrastructure financing is one reason some analysts are uneasy about near‑term free cash flow — a theme echoed in multiple recent research notes and opinion pieces. ^[22]

Entering the power‑trading business

To fuel those AI ambitions, Meta is also moving into an unexpected area: electricity trading.

Recent reporting from EnergyWire and TechCrunch indicates that Meta plans to participate directly in power markets to secure long‑term electricity supply for its AI data centers and help accelerate new power‑plant construction. ^[23]

The idea is that by taking on long‑duration energy contracts and trading risk, Meta can give utilities and developers more certainty, hastening the build‑out of renewables and other generation assets tailored to its enormous power needs.

For investors, this move highlights two things:

Scale of AI ambition: Meta’s energy demand is now large enough that it may no longer be a passive customer — it needs to help shape power markets.
New types of risk: Power trading introduces a different regulatory and financial risk profile, including potential exposure to commodity price swings and energy‑market oversight.

How Wall Street views Meta stock today

Despite the swirl of legal headlines and worries about AI capex, analyst sentiment on META remains broadly bullish.

Consensus ratings and price targets

Fresh data from MarketBeat on November 24 shows: ^[24]

Consensus rating: Moderate Buy
Number of analysts: 50
Ratings breakdown: 42 Buy, 8 Hold, 0 Sell
Average 12‑month price target:$823.93
Implied upside: about 35% from the current ~$610 price

Other aggregators are in the same ballpark:

TipRanks lists a Strong Buy consensus, with an average price target around $839, implying more than 40% upside. ^[25]
StockAnalysis shows a similar average target near $821, again paired with an overall bullish analyst stance. ^[26]

New coverage and recent downgrades

A few notable analyst moves in recent days and weeks: ^[27]

BNP Paribas Exane today initiated coverage on Meta with an “Outperform” rating and an $800 price target, suggesting roughly 35% upside from current levels. ^[28]
Cantor Fitzgerald recently cut its target from $830 to $720 but kept an Overweight rating, citing AI opportunity but acknowledging heightened spending and legal risk. ^[29]
A Zacks note earlier this month downgraded Meta from Strong Buy to Hold, reflecting concerns that the market may be tiring of AI‑driven spending stories even as earnings expectations for the broader “Magnificent 7” continue to rise. ^[30]

At the same time, stock‑screening platforms such as Chartmill and GuruFocus still flag Meta as one of the more attractive growth/quality names in mega‑cap tech, even after the recent volatility. Chartmill, for example, describes META as a “modern Peter Lynch‑style investment” based on its growth profile and profitability. ^[31]

Big‑money positioning: Druckenmiller rotates into Meta

Beyond formal analyst coverage, institutional positioning remains an important signal.

According to a recent report summarizing Q3 filings, billionaire investor Stanley Druckenmiller exited positions in Nvidia, Palantir and Eli Lilly and bought shares of Alphabet and Meta, viewing them as cheaper ways to play AI compared with the most crowded semiconductor names. ^[32]

Coupled with data showing some institutions trimming and others adding — as highlighted in TS2’s “Meta Stock Outlook for November 24, 2025” — this suggests a rebalancing rather than an exodus: some funds are taking profits after the big post‑2023 run, while others are stepping in on weakness. TS2 Tech

Is Meta stock cheap or expensive here?

Valuation is at the heart of today’s META debate.

P/E and peer comparison: Most trackers put Meta’s trailing P/E around 25–26x. Some, like FinanceCharts, note this is slightly above the median for its sector (about 22x), implying a modest premium. ^[33] Others, like Fullratio, argue the stock trades at a discount to the broader technology sector’s ~29x average, suggesting potential upside if growth continues. ^[34]
Analyst targets: Aggregated price targets between $820–$840 imply 35–40% upside from roughly $610 per share, assuming Meta executes on its AI roadmap without major new regulatory or legal shocks. ^[35]
Legal “haircut”: The stream of lawsuits — ranging from youth mental health and AI chatbots to privacy and scam ads — effectively acts as a valuation discount. Markets must price in the risk of additional fines, mandated product changes or restrictions on ad targeting. Meta itself warns that several youth‑related trials scheduled for 2026 may result in “material” losses. ^[36]

Put simply, investors today are weighing:

A powerful, cash‑generative ad and social‑media franchise with strong AI optionality; against
Rising regulatory risk, huge AI data‑center capex and the possibility that AI monetization takes longer than bulls expect.

What could move META stock next?

Looking beyond today’s bounce, several catalysts could sway Meta’s share price in the coming days and weeks:

Regulatory response to scam‑ad and mental‑health allegations
New investigations or hearings prompted by the senators’ letter or the Project Mercury revelations could add pressure — or, if regulators stay quiet, relieve some of it. ^[37]
Updates on EU actions
Any new details on appeals of the Spanish GDPR ruling, as well as enforcement steps under the EU AI Act and the Digital Markets Act, could affect expectations for European ad revenue. ^[38]
Further clarity on AI capex and power trading
Investors will watch closely for more information on how Meta’s $600 billion U.S. investment plan, power‑trading activities and Blue Owl financing translate into long‑term returns versus near‑term margin pressure. ^[39]
Macro and “Magnificent 7” sentiment
Zacks notes that earnings expectations for the Mag 7 as a group are still trending higher, but that markets are not rewarding all AI stories equally — with Alphabet getting more credit than Meta during the latest pullback. Any shift in that relative narrative could move META. ^[40]
Technical levels around $600
Short‑term traders are paying close attention to price action around the $580–$600 band that has acted as support and resistance in recent sessions. A sustained break above could invite momentum buyers; a failure there might signal more consolidation. TS2 Tech

Bottom line for Meta Platforms stock on 24 November 2025

On November 24, 2025, Meta Platforms’ stock is rebounding toward $610 amid:

Strong underlying revenue and cash‑flow growth,
Massive and controversial AI infrastructure bets,
A stream of new legal and regulatory challenges, and
A still‑bullish Wall Street consensus calling for double‑digit percentage upside over the next 12 months.

For investors, META today sits at the intersection of AI optimism and regulatory risk. Bulls see a dominant platform owner building the infrastructure for “personal superintelligence”; bears worry that spending, lawsuits and political scrutiny will erode returns.

As always, this article is informational only and not investment advice. Anyone considering META stock should weigh their own risk tolerance, time horizon and diversification, and, if needed, consult a qualified financial adviser.

Michael Burry just called the AI Bubble – META Stock Analysis