Meta Platforms Inc. (META · NASDAQ)
META · MARKET VIEW
Market view · as of Oct 22, 2026
Revenue (TTM)
$228.25B
+28.0% YoY
Gross margin
81.7%
52-wk position
68.3%
-10.3% vs 52w high · -6.3% 1mo
Price (last ~year)
Meta reported Q3 2026 revenue of $64.60B, up 26% year over year and ahead of estimates, but a $9.89B legal charge tied to a teen mental health settlement weighed on profit. The company also announced a 2-for-1 stock split and plans to issue a new class of non-voting stock to help fund its AI investments. Capital intensity is a defining feature of the current period: Q2 capex of $30.12B consumed nearly all of the quarter's $31.86B in operating cash flow, leaving free cash flow of just $1.75B. The stock closed at $697.52, down 6.3% over the past month though up 17.6% over three months, and trades at 26.16x earnings with a 1.0x debt/EBITDA ratio.
Valuation
- Market cap
- $1.77T
- P/E
- 26.16
- PEG
- 0.985
- P/B
- 7.26
- P/S
- 7.75
- EV/EBITDA
- 17.08
- Beta
- 1.185
- Analyst target
- $817.87
Quality & returns
- Gross margin
- 81.7%
- Operating margin
- 34.8%
- Profit margin
- 29.8%
- ROE
- 29.8%
- ROA
- 14.6%
Price movement
- Last
- $697.52
- 1-month
- -6.3%
- 3-month
- +17.6%
- RSI (14)
- 41
- vs SMA200
- +10.4%
- 52-wk position
- 68.3% -10.3% 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
- Bullish IBM Stock Rises After-Hours, Tops Q3 Revenue Estimates On Software Strength And Recovery In Delayed Contracts · 2026-10-21
- Somewhat-Bullish Qualcomm Incorporated (NASDAQ:QCOM) Shareholders to Receive $0.92 Quarterly Dividend · 2026-10-21
- Bullish Meta Will Split Stock, Create New Class to Fund AI Spending · 2026-10-21
- Neutral Meta tops revenue forecasts as $9.9B legal charge weighs on profit · 2026-10-21
- Somewhat-Bullish Meta Reports Third Quarter 2026 Results · 2026-10-21
- Neutral Meta Plans to Issue New Non-Voting Stock, Semafor Reports · 2026-10-21
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)