Meta has beaten EPS estimates for 6 straight quarters, and prediction markets assign an 87% probability of another beat on July 29. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Meta didn't make the cut. Meta (NASDAQ:META) heads into its July 29 earnings report with its stock falling while the underlying business continues to accelerate. 24/7 Wall St.With Meta trading at just 18x forward earnings, the recent pullback could offer an attractive entry point ahead of Q2 earnings. Meta Trades at 18x Earnings Despite 33% Revenue GrowthMeta trades at an 18x forward P/E with an 82% gross margin, a 41.44% operating margin, and a 20.69% ROIC.