Rosenblatt: Meta and Google Face Legal Challenges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 26 2026
0mins
Should l Buy META?
Rosenblatt says headline news reports of a potential "Big Tobacco" moment for social media arising from lower court losses this week in New Mexico for Meta (META) and California for Meta and Alphabet's (GOOGL) Google appear likely to be legal tests that will be decided in appeals over the next couple of years. Appellate judges ruling on law and the applicability of Sec 230 protections, and potentially the Supreme Court, are "probably friendlier to the social media companies than the local juries (and local judges) that ruled against them in these opening rounds," the analyst tells investors. The firm has a Buy rating on Meta and a Neutral rating on Alphabet.
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Analyst Views on META
Wall Street analysts forecast META stock price to rise
44 Analyst Rating
37 Buy
6 Hold
1 Sell
Strong Buy
Current: 676.870
Low
655.15
Averages
824.71
High
1117
Current: 676.870
Low
655.15
Averages
824.71
High
1117
About META
Meta Platforms, Inc. is building human connections, powered by artificial intelligence and immersive technologies. The Company's products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, augmented reality (AR), and wearables. It also helps people discover and learn about what is going on in the world around them, enabling people to share their experiences, ideas, photos, videos, and other content with audiences ranging from their closest family members and friends to the public at large. The Company's segments include Family of Apps (FoA) and Reality Labs (RL). FoA segment includes Facebook, Instagram, Messenger, WhatsApp and Threads. RL segment includes its virtual, augmented, and mixed reality related consumer hardware, software and content. Its product offerings in VR include its Meta Quest devices, as well as software and content available through the Meta Horizon Store.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- New Product Launch: This month, Meta unveiled its first large AI model, Muse Spark, which is expected to offer paid access to third-party developers, further diversifying revenue streams and enhancing market competitiveness.
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See More
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- Customer Diversification: Not only do well-known chip designers like Nvidia rely on TSMC for manufacturing their designed chips, but Amazon and Meta are also designing their own chips, with Anthropic potentially considering the same move, which brings more business opportunities to TSMC and further solidifies its market position.
- Expansion and Challenges: Despite facing challenges such as raw material price fluctuations and geopolitical risks, TSMC plans to expand its capacity; while it expects some margin dilution in the coming years, it aims to offset this through productivity gains and cost control, demonstrating the return on its investments.
- Long-Term Growth Potential: As more companies opt to design their own chips, TSMC is likely to continue benefiting from this trend, potentially achieving higher revenue growth in the future, especially given the limited choices for customers, which will further strengthen TSMC's market position.
See More
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- Trend of In-House Chip Design: Companies like Amazon and Meta are beginning to design their own chips, with TSMC as their manufacturing partner, potentially leading to additional business growth and further solidifying its market position.
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See More
