Meta Platforms Inc. has experienced a significant decline in its stock value, with a loss of nearly $150 per share and a market cap reduction of $350 billion over the past three weeks. The stock is currently trading at a price-to-earnings ratio of 20 based on 2026 earnings per share estimates, which include losses from its Realty Labs division. Investors and traders have expressed varied sentiments regarding the stock's performance. Some are anticipating further declines, with targets set below $600 per share and even a 10% drop by the following Wednesday. Others see the current price as an opportunity to buy, noting that the stock is approaching a -20% drawdown and is considered oversold, bouncing off support levels. Some investors have added to their positions in $META today, while others are looking for entry points after the stock's 20-day green streak has ended.