Wall Street Is Bullish on Meta Stock Ahead of Q2 Earnings. Should You Buy Shares Before July 30?

Meta Platforms (META), the social media and technology giant, will release its second-quarter financial results on Wednesday, July 30, after market close. Despite some broader concerns about the impact of tariffs on digital advertising, Wall Street remains bullish on Meta stock and has a “Strong Buy” consensus rating ahead of earnings.

Over the past three months, Meta shares have climbed roughly 30%, significantly outpacing the broader market. The recent rally has helped the stock recover from earlier pullbacks, but technical indicators suggest there’s still room to run. Meta’s 14-day Relative Strength Index (RSI) sits at 52.73, well below the 70 threshold that typically signals overbought conditions. It indicates that the stock may have further upside potential without being overheated.