Here's Why Meta Platforms (META) is a Strong Momentum Stock

Zacks Investment Research highlights Meta Platforms (META) as a stock to watch for momentum investors, noting its Zacks Rank of #3 (Hold) and a VGM Score of B. META's shares have risen 8.5% in the last four weeks, accompanied by a Momentum Style Score of B and upward revisions to fiscal 2025 earnings estimates from 12 analysts, increasing the consensus to $25.53 per share.

Analysis

Meta Platforms (META), currently holding a Zacks Rank #3 (Hold), is highlighted for its strong momentum characteristics. The company's shares have appreciated by 8.5% over the past four weeks, complemented by a Momentum Style Score of B and an overall VGM Score of B. This positive momentum is further supported by recent analyst activity; twelve analysts have revised their fiscal 2025 earnings estimates upwards in the last 60 days, leading to an increase in the Zacks Consensus Estimate by $0.67 to $25.53 per share. Historically, META has demonstrated a robust earnings performance, evidenced by an average earnings surprise of 17.3%. The company's significant market reach is underscored by its family of products being utilized by nearly 3.43 billion people on a daily basis as of March 31, 2025. Despite the neutral Hold rating, Zacks suggests that META's favorable Momentum and VGM Style Scores warrant its inclusion on investors' shortlists.

Key Decisions for Investors

• Investors should consider Meta Platforms' recent positive momentum, evidenced by an 8.5% share price increase and upward fiscal 2025 earnings estimate revisions, alongside its current Zacks #3 (Hold) rating.
• Given the B-rated Momentum Style Score and strong earnings surprise history, momentum-focused investors might find META appealing, but should balance this against the neutral overall rank.
• Monitor for potential catalysts that could lead to an upgrade in the Zacks Rank, such as continued positive earnings estimate revisions or further strengthening in its Style Scores.