CNBC Pro

The struggles now for Facebook are similar to 2018, so analysts think the stock should bounce back

A tarp with the Facebook thumbs-up logo covers the sign in front of the Facebook headquarters on October 28, 2021 in Menlo Park, California.
Justin Sullivan | Getty Images

The weak first-quarter report from Facebook parent Meta was similar to another earnings report almost four years ago, and that should reassure investors about the stock's ability to bounce back, according to some top Wall Street analysts.

More In Street Calls

CNBC ProHere are Friday's biggest analyst calls: Tesla, Apple, Sunoco, Exxon, Microsoft, Uber & more
CNBC ProRecords storage stock Iron Mountain offers resilience in a volatile world, Barclays says
CNBC ProCredit Suisse cuts Tesla price target, says deliveries will fall short because of China