Meta Platforms' Stock Forecasts: Bullish in the Intermediate-Term

Meta Platforms, Inc. (META) stock forecasts are bullish in the intermediate-term, according to Argus. The S&P 500 has been in a tight uptrend for multiple months, despite concerns of overbought and divergent momentum, weakening breadth, high bullish sentiment, and lousy seasonals. Historically, the back half of September has not been a good time to own stocks, but so far this year, there has been minimal downside action.

Meta Platforms, Inc. (META) stock forecasts are bullish in the intermediate-term, according to Argus. Despite recent market concerns, including overbought conditions, weakening breadth, and high bullish sentiment, the tech giant has shown resilience. The S&P 500 has been in a tight uptrend for multiple months, with minimal downside action so far this year, suggesting a favorable environment for META.

In its recent earnings report, META exceeded expectations with EPS of $7.14 and revenue of $47.52 billion for the second quarter Perpetual Ltd Has $10.20 Million Stock Holdings in Meta Platforms, Inc. $META^[1]. The company's ad revenue of $46.56 billion also surpassed Wall Street's forecast. These strong results have led to a flurry of analyst upgrades, with several firms raising their price targets for META Meta Platforms (NASDAQ: META) Price Prediction and Forecast 2025-2030 for September 24^[2]. For instance, Barclays increased its target to $810 from $640, while other firms such as Benchmark and KeyBanc also issued bullish adjustments.

Moreover, META has announced a $50 billion stock buyback and initiated a dividend program, providing additional value to shareholders. The current dividend yield of 0.28% may seem modest, but it equates to 53 cents per share quarterly or $2.12 per share annualized, adding to the company's appeal Meta Platforms (NASDAQ: META) Price Prediction and Forecast 2025-2030 for September 24^[2].

However, historical data suggests that the back half of September has not been a good time to own stocks. Yet, so far this year, there has been minimal downside action, which could bode well for META. The company's strong fundamentals, coupled with positive analyst sentiment, may help it weather any potential market turbulence in the coming months.