Technical Analysis: META's stock shows a bullish trend with strong support at $594.35 (Fibonacci S1) and resistance at $627.62 (Fibonacci R1) . The RSI at 53.18 indicates neutral momentum, while MACD at 3.85 suggests positive momentum.
News Impact: Recent positive catalysts include:
Price Target Analysis: Based on technical indicators and recent developments:
Short-term (Next Week):
Wall Street analysts maintain a "Strong Buy" rating with a mean price target of $650.74, suggesting an 11.3% upside potential.
Trading Recommendation: BUY META with:
The recommendation is based on:
The price of META is predicted to go up -0.48%, based on the high correlation periods with ELP. The similarity of these two price pattern on the periods is 92.2%.
META
ELP
Year
META Price Forecast($)
Potential Return(%)
2025
660.000
9.160
2026
720.000
19.080
2027
850.000
40.580
2028
900.000
48.850
2029
1,200.000
90.420
2030
1,200.000
90.420
With more users and usage time than any other social network, Meta provides the largest audience and the most valuable data for social network online advertising.
Meta's ad revenue per user is growing, demonstrating the value that advertisers see in working with the firm.
The application of AI technology to Meta's various offerings, along with the launch of VR products, will increase user engagement, driving further growth in advertising revenue.
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$641 → $685
Upside
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$655 → $700
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Jefferies
Price Target
$675 → $715
Upside
+13.46%