Current trading patterns indicate Meta stock price forecast bias is slightly bullish, as comparative valuation metrics place Meta at a forward P/E of 29, in line with large-cap tech peers like Alphabet. The Best Trillion-Dollar AI Stock to Buy Now, According to Wall Street (Hint: Not Nvidia) was originally published by The Motley Fool Meta Platforms ( NASDAQ:META ) closed at $710.56 on October 3, down 2.27% for the day and roughly 6% below its September post-earnings highs. Despite the short-term softness, the stock remains up over 21% year-to-date , outperforming the S&P 500’s 14.1% gain and securing a $1.79 trillion market capitalization . The company now trades at a forward P/E of 24.6 , a multiple that places it cheaper than several peers in the “Magnificent 7,” including NVIDIA (NASDAQ:NVDA) and Microsoft (NASDAQ:MSFT) , yet still reflecting premium growth expectations. With revenue of $178.8 billion and net income of $71.5 billion over the trailing twelve months, Meta’s 40% profit margin and return on equity of 40.6% underline the company’s dominance in digital advertising and its ability to scale profitability amid heavy AI spending. In pre-market activity, Meta stock price forecast volatility index dropped, suggesting traders expect steadier movement despite sector-wide earnings jitters next month.