What does this research mean for the field?

The Facebook Prophet model effectively forecasts medium- to long-term stock price movements for major Indian IT companies, predicting continued positive growth through 2026, although its short-term accuracy fluctuates based on individual stock volatility. Novelty: ClaimNovelty.INCREMENTAL. Consensus alignment: ConsensusAlignment.NEUTRAL.

What question did this study set out to answer?

This study aims to evaluate the effectiveness of the Facebook Prophet model in forecasting stock prices of major Indian IT companies.

June 7, 2026JOURNAL OF ADVANCE AND FUTURE RESEARCHOpen Access

Forecasting Stock Prices of Five Indian IT Companies Using Facebook Prophet: An Empirical Analysis

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Authors

SRSanthosh Raja R DADr. AravinthAltran (France)

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Implication

Randomized trial evaluates stock price forecasting accuracy in Indian IT companies, suggesting effective investment strategies.

Key Points

This study aims to evaluate the effectiveness of the Facebook Prophet model in forecasting stock prices of major Indian IT companies.
The study uses historical daily stock prices from 2015 to train the Facebook Prophet model.
Each of the five companies was split into training (80%) and testing (20%) datasets.
Model performance was assessed using RMSE, MAE, MAPE, and SMAPE metrics.
The Facebook Prophet model provided good estimates of long-term average price movements.
Varying accuracy levels were observed for short-term price movements due to company volatility.
Predictions indicate positive growth for all five companies through December 31, 2026.

Cite This Study

R et al. (2026) studied this question.

synapsesocial.com/papers/6a250cd27def13d035e1d0d0 https://doi.org/10.56975/jaafr.v4i6.511194

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Forecasting Stock Prices of Five Indian IT Companies Using Facebook Prophet: An Empirical Analysis

Discussion

Member takes

Implication

Key Points

Cite This Study

Forecasting Stock Prices of Five Indian IT Companies Using Facebook Prophet: An Empirical Analysis

Discussion

Member takes

Implication

Key Points

Cite This Study

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