Meta Stock Soars
The stock of Meta Platforms, formerly known as Facebook, is on the verge of reaching a new record value. On February 15, 2025, the stock hit a notable high of $740.87. Currently, the price is around $712 to $719, which is only about 4 percent below this peak.
Strong Rally in Recent Months
In recent months, Meta’s stock has seen a strong recovery. Since the low point in April, the stock has experienced a significant increase and is now approaching its previous all-time high of over $740.
Technical Buy Signals
From a technical analysis perspective, Meta’s stock recently generated a buy signal. It managed to overcome a significant resistance level at around $664 and successfully left the entry level at approximately $684 behind. The increasing trend momentum suggests further price increases.
Analysts are Optimistic
Analysts see further potential in Meta’s stock. The average price target is set at around $757, which is above the previous all-time high. Investors are advised to set stop-loss levels to minimize risks.
In summary, it is clear that Meta Platforms is on a clear upward trend and may soon mark a new all-time high. This development is supported by technical indicators as well as analysts’ forecasts.