Valuations remain elevated but justified with forecasted P/E ratios around 30– Importantly, Meta is already the dominant player in the smart glasses market, and its lead is widening. Ray-Ban Meta Smart Glasses accounted for 73% of smart glasses shipments in the first half of 2025, up from 66% in the second half of 2024, according to Counterpoint Research. Investors have good reason to think that trend will continue. Why State Street's Options Volume Just Sent a Bullish Signal The Microsoft stock forecast 2025 is bolstered by diversified revenue channels—gaming via Xbox, business solutions through Dynamics 365, and scalable AI products—reducing reliance on any single segment.