Meta Platforms Inc. (NASDAQ:META) stock were up about 1% on Monday as investors returned to large-cap technology stocks. The broader market also moved higher, with the Nasdaq gaining 1.39% and the S&P 500 advancing 0.52%.

Traders are rotating back into growth stocks as risk appetite strengthens. Meta is also attempting to extend its rebound after a choppy, multi-month decline.

META Technical Analysis

Meta is trading above its 20-day simple moving average of $574.61 and its 20-day exponential moving average of $580.23. That signals improving short-term momentum following the June swing low.

However, the longer-term trend remains under pressure. The stock is trading 3.2% below its 50-day SMA of $603.45, 5.3% below its 100-day SMA of $616.71 and 9.5% below its 200-day SMA of $645.55.

The relative strength index stands at 49.63. That reading is neutral and suggests the stock is neither overbought nor oversold.

The moving-average setup also remains a headwind. The 20-day SMA is below the 50-day SMA, while the 50-day SMA remains below the 200-day SMA, forming a long-term “death cross” that first appeared in December 2025. Until Meta reclaims those levels, rallies may remain limited.

Key resistance sits near $606, close to the 50-day SMA. Key support is around $557, where buyers previously stepped in.

Shares are down 18.46% over the past 12 months. The stock remains well below its 52-week high of $796.25 but has recovered from its 52-week low of $520.26 reached in March.

Earnings And Analyst Outlook

Meta is expected to report earnings on July 29.

Wall Street expects earnings of $7.18 per share, up from $7.14 a year earlier. Revenue is projected to reach $60.22 billion, compared with $47.52 billion in the prior-year period.

The stock trades at about 21.2 times earnings.

Analysts maintain a consensus Buy rating with an average price forecast of $823.15. Recent analyst actions include:

• Wells Fargo: Overweight; raised price forecast to $767 on July 2.
• RBC Capital: Outperform; maintained price forecast of $810 on June 1.
• Rosenblatt: Buy; maintained price forecast of $1,015 on May 28.

META Benzinga Edge Rankings

Meta scores well on growth and quality but continues to lag on momentum.

The company has a Momentum score of 12.92, a Quality score of 84.68, a Value score of 53.49 and a Growth score of 88.32.

The ratings suggest investors continue to favor Meta’s long-term fundamentals even as the stock works to rebuild its technical trend.

ETF Exposure

Meta is a top holding in several growth-focused exchange-traded funds, including:

• Capital Group Growth ETF (NYSE:CGGR): 7.79% weighting.
• First Trust Dow Jones Internet Index Fund (NYSE:FDN): 8.55% weighting.
• Natixis Loomis Sayles Focused Growth ETF (NYSE:LSGR): 7.73% weighting.

Strong inflows or outflows in these funds can create additional buying or selling pressure for Meta shares.

META Price Action

META Stock Price Activity: Meta Platforms shares were up 0.74% at $587.20 at the time of publication on Monday, according to Benzinga Pro data.