Meta Platforms Is Up Nearly 25% in September. Does It Have Room to Rise Further?

Meta Platforms surged nearly 25% in September following the launch of Muse, a personal AI agent product. The stock moved from a cheap 18x forward earnings valuation to 23x, which is more typical for companies of its caliber. While Muse is free to use, Meta plans to monetize it through paid subscriptions with usage limits. The key question for investors is whether Muse adoption will justify the stock's gains, with Q3 earnings in late October expected to provide crucial insights.