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Meta stock may rise to $1,000 after a correction, with support near $550 amid strong Q3 results and AI investments.

Technical Signals
24 Oct 2026
Finbold
View Source
Neutral
Meta stock may rise to $1,000 after a correction, with support near $550 amid strong Q3 results and AI investments.

Meta Platforms' stock could rally to $1,000 after completing a potential correction, according to a long-term technical analysis. The stock has traded within an ascending channel since its 2012 IPO, with a possible pullback to $550-$500 acting as a support zone before resuming its upward trend. Despite near-term downside risks linked to U.S. midterm elections, Meta's strong Q3 revenue growth of 26%, robust advertising performance, and significant AI investments support a bullish outlook. The company expects continued revenue growth and is focusing on managing infrastructure costs to sustain long-term gains.

Meta Platforms' potential rally to $1,000 hinges on overcoming near-term challenges, including a possible pullback. On Pluang, META trades at USD 642.62 as of Oct 24, 2026 19:11 WIB, down 0.96% for the day, with a market cap of $1.64 trillion. Investor sentiment shows a balanced interest with 58% of orders to buy and 42% to sell, reflecting cautious optimism amid current market conditions.

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