Analysts projecting the stock price of Meta forecast highlight potential upside from monetization of Reels, which shows 20% higher engagement compared to six months ago. Smart glasses could become a substantial revenue stream for Meta. The augmented reality market is forecast to increase at 38% annually to reach $600 billion by 2030, according to Grand View Research. One analyst was impressed with Meta’s Q2 report – raising his high price target to $900. "What was that? WOW," Bernstein analyst Mark Shmulik said in a client note featured by Investor’s Business Daily . "Meta destroyed expectations with perhaps one of the biggest prints in their history." Current technical charts place the stock price of Meta forecast on a breakout pattern above resistance at $480, with moving averages showing consistent upward momentum aligned to Nasdaq tech index gains.
