META

Meta PlatformsNASDAQ · Interactive Media & Services · Communication Services

Previous close

614.99

Change

−9.53 / −1.53%

FinDog View

Neutral

52-Week Range ?

520.26 – 779.82

P/E (TTM) ?

21.2

Forward P/E ?

22.3

Based on consensus earnings for the next 12 months

Market Cap

$1.58T

−15.19%

S&P 500 −0.91% over same period

Volume / Avg Volume

25.5M / 29.7M

0.86× average

Latest earnings analysisFY2026 Q3Reported 2026-10-21

Meta Q3 FY2026: Revenue Up 26%, EPS Hit by $9.89 Billion Charge

Meta's Q3 FY2026 revenue grew 26% to $64.60 billion, but GAAP EPS was $3.83 and missed the $5.7889 consensus because of a $9.89 billion legal charge; excluding it, EPS would have been $7.40. Read the quarter as strong ad demand plus a one-time legal hit, with capex and negative free cash flow as the key offset.

Read the full analysis →

Revenue$64.60BYoY +26.10%

EPS$3.83Missest. $5.79

Next-quarter revenue guidance$74.50B ±2%YoY +15.30%

Next-day move−6.98%

Price History

Closing price · USD1M 6M 1Y 5Y

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 27.81M 6M 1Y 5Y

Recent Earnings

Click to read the FinDog analysis

Period	Reported	Revenue	EPS Actual / Est.	Next-Day Move	Analysis
FY2026 Q3 Quarter ended 2026-09	2026-10-21	$64.6B	3.83 / 5.79	−6.98%	Read analysis →
FY2026 Q2 Quarter ended 2026-06	2026-07-29	$60.8B	6.18 / 7.36	−7.95%	Read analysis →
FY2026 Q1 Quarter ended 2026-03	2026-04-29	$56.3B	10.44 / 6.92	−8.55%	Pending
FY2025 Q4 Quarter ended 2025-12	2026-01-28	$201B	23.49 / 8.40	+10.40%	Pending
FY2025 Q3 Quarter ended 2025-09	2025-10-29	$51.2B	7.25 / 6.82	−11.33%	Pending
FY2025 Q2 Quarter ended 2025-06	2025-07-30	$47.5B	7.14 / —	+11.25%	Pending
FY2025 Q1 Quarter ended 2025-03	2025-04-30	$42.3B	6.43 / —	+4.23%	Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →

Report date

2027-01-26

in 86 days · After hours

Consensus EPS

$8.45

Last quarter EPS $3.83

Avg. next-day move over the last 7 reports

±8.7%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data

Valuation

P/E is at percentile 3 of its 5-year rangeCheap

5-year range 21.5 – 33.7 · Median 27.8

Last 4 quarters: $0 in buybacks + $5.4B in dividends, 0.34% of market cap combined

P/E (TTM)

21.2

P/B

5.9

P/S

6.6

Dividend Yield

0.34%

Earnings Reaction

Over the last 7 reports, the stock moved ±8.7% on average on the first trading day after, rising 3 times

Most recent −6.98%

Guidance Credibility

Of the last 3 next-quarter revenue guides, 3 were met; actual results averaged 2.7% above guidance

Volatility & Correlation

1-year beta 1.49 · Correlation with S&P 500 0.45High beta

Annualized volatility 43% vs. 13% for the S&P 500

Insider Trading

View all →

Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions

Buy 0 · $0.00MSell 13 · $85.3MNet selling $85.3M

10-26Olivan JavierChief Operating OfficerSell$1.0M1,575 shares · 5 trades · Avg price 640.00
10-26Alford PeggyDirectorSell$0.25M390 shares · Avg price 640.00
10-19Olivan JavierChief Operating OfficerSell$1.1M1,575 shares · 5 trades · Avg price 707.20
10-12Olivan JavierChief Operating OfficerSell$1.1M1,575 shares · 5 trades · Avg price 728.10
10-05Olivan JavierChief Operating OfficerSell$1.1M1,575 shares · 5 trades · Avg price 728.08
09-28Olivan JavierChief Operating OfficerSell$1.2M1,575 shares · 5 trades · Avg price 749.82
09-24Zuckerberg MarkCOB and CEOSell$21.4M27,474 shares · 10 trades · Avg price 777.44
09-21Olivan JavierChief Operating OfficerSell$1.1M1,575 shares · 5 trades · Avg price 680.27

Multi-Quarter Financial Trends

View all quarters →

Last 12 quarters · As reported by the company

Quarter	Revenue ($B)	YoY	Gross Margin	Operating Income ($B)	Net Income ($B)	Free Cash Flow ($B)	EPS
FY2026 Q3	64.60	+26.1%	79.3%	12.99	9.86	-1.16	3.83
FY2026 Q2	60.80	+28.0%	81.4%	18.78	15.85	1.75	6.18
FY2026 Q1	56.31	+33.1%	81.9%	22.87	26.77	13.23	10.44
FY2025 Q4	59.89	+23.8%	81.8%	24.75	22.77	14.83	8.87
FY2025 Q3	51.24	+26.2%	82.0%	20.54	2.71	11.17	1.05
FY2025 Q2	47.52	+21.6%	82.1%	20.44	18.34	9.02	7.14
FY2025 Q1	42.31	+16.1%	82.1%	17.56	16.64	11.09	6.43
FY2024 Q4	48.39	+20.6%	81.7%	23.37	20.84	13.56	7.96
FY2024 Q3	40.59	+18.9%	81.8%	17.35	15.69	16.47	6.03
FY2024 Q2	39.07	+22.1%	81.3%	14.85	13.47	11.20	5.16
FY2024 Q1	36.46	+27.3%	81.8%	13.82	12.37	12.85	4.71
FY2023 Q4	40.11	+24.7%	80.8%	16.38	14.02	11.81	5.30

Peers

Largest by market cap in the sector · Latest quarterView Communication Services sector →

Ticker	Company	Market Cap	P/E	Revenue YoY	Gross Margin	1M	View
META	Meta Platforms	$1.58T	21.2	+26.1%	79.3%	−15.19%	Neutral
GOOGL	Alphabet Inc. (Class A)	$3.41T	14.5	+24.7%	59.7%	−18.67%	Neutral	Compare
GOOG	Alphabet Inc. (Class C)	$3.41T	14.5	+24.7%	59.7%	−18.35%	Neutral	Compare
NFLX	Netflix	$255B	17.3	+11.8%	52.8%	−10.78%	Neutral	Compare
DIS	Walt Disney Company (The)	$192B	22.4	+6.8%	—	+5.76%	Bullish	Compare
VZ	Verizon	$186B	10.9	+1.5%	—	−2.49%	Bearish	Compare
TMUS	T-Mobile US	$167B	15.8	+7.4%	—	−4.07%	Neutral	Compare
T	AT&T	$144B	11.0	+5.3%	—	−12.25%	Bullish	Compare
APP	AppLovin	$77.0B	19.3	+52.8%	88.3%	−21.32%	Bullish	Compare

The View in One Line

Revenue $64.6B +26.1%, ad price +14%, but operating margin down to 20%, FCF negative; AI and settlement drain cash, maintain neutral.

Updated 2026-10-30

View History

09-17Bullish → Neutral
Revenue +28% shows ad strength, but EPS missed and FCF only $784M as AI capex weighs; neutral.

Notable Institutional Holders

Tiger Global Management$1.6BReduced −9%
Pershing Square · Bill Ackman$1.5BUnchanged −0%
Coatue Management$1.4BReduced −10%
Renaissance Technologies$1.1BAdded +698%
Viking Global Investors$1.1BAdded +76%
Citadel Advisors · Ken Griffin$631MReduced −39%
Appaloosa · David Tepper$380MAdded +55%
ARK Invest · Cathie Wood$135MAdded +55%

As of 2026-06-30

ETFs holding it

XLC Communication Services Select Sector SPDR Fund22.05%
QUAL iShares MSCI USA Quality Factor ETF4.02%
VUG Vanguard Growth ETF3.77%
QQQ Invesco QQQ3.05%
QQQM Invesco NASDAQ 100 ETF3.01%
SCHG Schwab U.S. Large-Cap Growth ETF2.80%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF2.73%
SPY SPDR S&P 500 ETF Trust2.07%

Weights estimated at latest prices

Key Events

10-29Capital Actions
Meta closes offering of 250 million mandatory convertible preferred depositary shares
Meta closed its offering of 250 million 6.50% Series A mandatory convertible preferred depositary shares on October 29, 2026, with a 37.5 million share over-allotment option.Source ↗
10-21Capital Actions
Meta to Create Non-Voting Class C Stock, Declare Stock Dividend
Meta's board approved a recapitalization on Oct 19, 2026, issuing one Class C share per A/B share; Zuckerberg signed a founder alignment agreement.Source ↗
05-29Governance
Meta Annual Meeting Completes Director Elections and Auditor Reappointment
At Meta's annual meeting on May 27, 2026, all 12 directors were elected and the reappointment of EY as independent auditor for fiscal 2026 was approved.Source ↗
05-04Capital Actions
Meta Completes $25 Billion Senior Notes Offering
On May 4, 2026, Meta completed a six-tranche senior notes offering totaling $25 billion in principal, with coupon rates of 4.550% to 6.450% and maturities from 2031 to 2066.Source ↗
04-14Management Change
Two Directors Will Not Stand for Re-election
On April 8, 2026, Hock E. Tan and Tracey T. Travis notified Meta they will not stand for re-election to the board at the 2026 annual meeting and will serve until the date of the annual meeting.Source ↗

Key Financial Trends

Quarterly Revenue ($B)64.6

Gross Margin79.3%

Free Cash Flow ($B)-1.2