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Headwinds to Persist for Meta Platforms -- But the Stock Is Too Cheap to Ignore

TheMotleyFool

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Headwinds to Persist for Meta Platforms -- But the Stock Is Too Cheap to Ignore

Meta Platforms (NASDAQ: FB) is scheduled to report first-quarter 2021 earnings after the markets close on Wednesday, April 27. The company formerly known as Facebook faces headwinds as Apple's (NASDAQ: AAPL) privacy changes make it harder for it to serve targeted ads.

To make matters worse, TikTok is swiftly gaining popularity among consumers and taking up more of their leisure time. Meta's stock has arguably already priced in the downside risks from the headwinds mentioned above, falling 52% off its highs.