Meta Platforms Inc. (META · NASDAQ)
META · MARKET VIEW
Market view · as of Oct 21, 2026
Revenue (TTM)
$228.25B
+28.0% YoY
Gross margin
81.7%
EPS (latest q)
$6.18
vs $7.10 est · miss
52-wk position
67.0%
-10.7% vs 52w high · -5.7% 1mo
Price (last ~year)
Meta Platforms posted its first earnings miss in four quarters, reporting $6.18 versus a $7.10 estimate (-12.96%), which drove earnings down 13.4% year-over-year even as revenue grew 28.0% to $228.25B TTM. Free cash flow compressed to $1.75B in the June quarter as capex of $30.12B consumed nearly all of the $31.86B in operating cash flow. The stock has pulled back 9.0% over five days to $694.25, though it remains up 17.0% over three months and 9.9% above its 200-day moving average. Margins remain strong (81.7% gross, 34.8% operating) and leverage is modest at 1.0x debt/EBITDA, with an analyst target of $819.
Valuation
- Market cap
- $1.80T
- P/E
- 26.58
- PEG
- 0.985
- P/B
- 7.26
- P/S
- 7.87
- EV/EBITDA
- 17.08
- Beta
- 1.185
- Analyst target
- $819.0
Quality & returns
- Gross margin
- 81.7%
- Operating margin
- 34.8%
- Profit margin
- 29.8%
- ROE
- 29.8%
- ROA
- 14.6%
Price movement
- Last
- $694.25
- 1-month
- -5.7%
- 3-month
- +17.0%
- RSI (14)
- 40
- vs SMA200
- +9.9%
- 52-wk position
- 67.0% -10.7% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $60.80B | $18.77B | $15.85B | $25.11B |
| 2026-03-31 | $56.31B | $22.87B | $26.77B | $29.99B |
| 2025-12-31 | $59.89B | $24.75B | $22.77B | $31.47B |
| 2025-09-30 | $51.24B | $20.54B | $2.71B | $26.85B |
Recent news
- Neutral Instacart Reaches $5 Million Federal Hiring Settlement · 2026-10-20
- Somewhat-Bullish Qualcomm (NASDAQ:QCOM) Shares Climb 1.3% on Analyst Upgrade · 2026-10-20
- Neutral Form 424B2 BARCLAYS BANK PLC · 2026-10-20
- Neutral Meta Platforms, Tesla Could Swing More Than $100 Billion After Earnings · 2026-10-20
- Neutral Strategy Inc Stock (MSTR) Moved Up by 5.63% on Oct 20: What Investors Need To Know · 2026-10-20
- Somewhat-Bullish Ten Million Downloads in Six Weeks: The Fight for the AI Agent in Your Pocket Has Started · 2026-10-20
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)