Weekly forecast: Meta hovers below record as investors watch Oracle deal

Weekly forecast: Meta hovers below record as investors watch Oracle deal
Meta shares steady after AI launches and cloud reports

​Meta shares closed the week down 0.2%, yet posted an almost 4% weekly gain, trading above $778 at the time of writing. This result is only 2.5% below the all-time high reached last month. However, setting a new record will require a series of positive catalysts convincing investors to buy in.

This week’s drivers included the Meta Connect presentation, where Ray-Ban smart glasses with AR/AI features were unveiled. Despite some technical glitches, the event reinforced Meta’s position as a leader in AI/AR and boosted demand for tech growth stocks.

Reports also surfaced about a potential $20 billion multiyear cloud deal between Oracle and Meta, increasing confidence in Meta’s ability to scale AI models and cut infrastructure costs. In addition, commentators highlighted Facebook’s advertising opportunities if Oracle-led investors acquire TikTok’s U.S. business, which may struggle to retain 170 million users — many of whom could migrate to Meta’s apps.

New interpretation of familiar events

Next week, attention is expected to remain on these developments, with possible new details emerging. Preorder data on new devices or confirmation of the Oracle deal would positively impact the stock.

Investors will also watch macroeconomic releases, including speeches from Federal Reserve officials, jobless claims, industrial purchasing data, and household consumption spending — all shaping Fed rate decisions.

META stock daily chart since the beginning of 2025. Source: TradingView

Regulatory news related to data privacy, AI competition, or advertising could also affect Meta’s stock. Overall, META is expected to trade in a narrow $770–$780 range, with possible deviations near $746–$756 (SMA 20/50 support) or $783–$788 (resistance) before attempting a new all-time high.

As we wrote, META news live: probability of price increase above 80% with moderate volatility expected

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