Meta’s ad business just delivered its best monthly stock performance in three years, and the numbers suggest that run may not be finished. One valuation scenario points to a price Wall Street has not yet penciled in for 2027.
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Meta Platforms (NASDAQ:META | META Price Prediction) just reminded investors what AI-powered advertising can do. Shares rose 26.79% in September, which was the stock’s best month since 2022. That run lifted year-to-date gains to 10.13%. The engine behind the rebound is Meta’s ad business.
Second-quarter ad revenue rose 27% to $59.36 billion, with impressions up 14% and…
