Jim Cramer says don't sell Meta on litigation risk — the stock is worth the wait
- ID
- 17421
- Status
- summarized
- Published
- 25 Aug 2026, 4:15 AM
- Fetched
- 25 Aug 2026, 5:11 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/08/24/jim-cramer-says-dont-sell-meta-on-litigation-risk-the-stock-is-worth-the-wait.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 2.0
- Created
- 25 Aug 2026, 5:13 AM
- Tags
- Audience
- saas_foundersai_ml_learners
What happened
CNBC's Jim Cramer and Bank of America advise holding Meta stock despite ongoing litigation over alleged addictive behavior in children. BofA maintains an $810 price target and a buy rating, citing Meta's valuation of around 16 times estimated 2027 earnings and growing AI capacity assets. A federal lawsuit brought by 29 state attorneys general is currently underway in Oakland and could result in billions in damages.
Why it matters
For builders, this is primarily a stock market story with little direct technical or operational impact, though Meta's continued investment in 'growing AI capacity assets' signals long-term infrastructure availability for those building on its platforms.
Discussion angle
Whether Meta's ongoing legal battles and potential platform overhauls will affect developers building on Facebook or Instagram APIs, or if the focus on AI capacity will just benefit internal LLM efforts.