Stocks · Communication Services · Internet Content & Information
Meta Platforms, Inc. META
$728.08 +0.30% Close, Oct 2, 2026 · NASDAQ · Market cap $1.85T
High quality
Next earnings report: Oct 28, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Revenue over the last four quarters was $228.25B, up 27.7% from a year earlier.
- Operating margin narrowed to 38.1% from 44.0% a year earlier.
- Diluted EPS over the last four quarters was $26.54, down 3.9% year over year.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 10%
- EPS growth (TTM, YoY)Top 50%
- FCF growth (TTM, YoY)Bottom 34%
- Revenue growth, 3-year CAGRTop 19%
- Revenue growth accelerationTop 28%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 7%
- Gross marginTop 13%
- Operating marginTop 3%
- Cash conversion (OCF / net income)Bottom 39%
- Accruals (lower is better)Top 29%
- Net debt / EBITDA (lower is better)Top 37%
- Interest coverTop 7%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 33%
- Free-cash-flow yieldBottom 29%
- EBITDA / enterprise valueBottom 45%
- Sales / enterprise valueBottom 9%
- P/E vs own 5-year history (lower is better)Bottom 23%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 28%
- 6-month returnTop 23%
- 1-year return vs S&P 500Top 39%
- Distance from 52-week highTop 7%
- Trend checklist (0–4)Top 15%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 35%
- Consecutive EPS beatsBottom 18%
- Share of analysts rating BuyTop 9%
- Upside to consensus price targetBottom 12%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 46%
- Maximum drawdown, 3 yearsTop 20%
- Beta vs S&P 500 (lower is better)Bottom 14%
- Net debt / EBITDA (lower is better)Top 37%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 26.2% | 27.7% | ↑ |
| EPS growth (YoY) | 7.3% | -3.9% | ↓ |
| Gross margin | 81.9% | 81.7% | ↓ |
| Operating margin | 44.0% | 38.1% | ↓ |
| FCF margin | 28.0% | 18.0% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 27.7% | 26.2% | ↑ | Top 10% |
| EPS growth (TTM, YoY) | -3.9% | 7.3% | ↓ | Top 50% |
| Gross margin | 81.7% | 81.9% | ↓ | Top 13% |
| Operating margin | 38.1% | 44.0% | ↓ | Top 3% |
| Net margin | 29.8% | 40.0% | ↓ | — |
| Free-cash-flow margin | 18.0% | 28.0% | ↓ | — |
| Return on invested capital | 17.1% | — | Top 7% | |
| Revenue growth, 3-year CAGR | 19.9% | — | Top 19% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.91×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -13.8%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 11.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +3.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.90×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 38.1×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.14%
- Net buyback yield (TTM)
- 0.65%
- Shareholder yield
- 0.79%
- Share count change, 1 year
- -0.2%
- Share count change, 3-year CAGR
- -0.6%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 30, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- -8.5%
- Average 2-day reaction, last 8
- -0.5%
- Positive 20 days after report
- 2 of 8
Analysts
- Consensus price target
- $770.26
- Target vs current price
- +5.8%
- Analysts with a rating
- 65
- Share rating Buy or Strong Buy
- 80%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | -14.0% | -1.3% | -0.9% | -3.9% | — |
| Apr 29, 2026 | +55.8% | -0.3% | -9.9% | -5.4% | -11.3% |
| Jan 28, 2026 | +8.4% | -0.6% | +2.8% | -2.9% | -2.1% |
| Oct 29, 2025 | -84.4% | +0.0% | -16.5% | -15.3% | -10.5% |
| Jul 30, 2025 | +21.4% | -0.7% | +9.1% | +7.7% | +4.8% |
| Apr 30, 2025 | +22.9% | -1.0% | +5.9% | +16.1% | +28.5% |
| Jan 29, 2025 | +18.8% | +0.3% | +4.4% | -0.1% | -20.9% |
| Oct 30, 2024 | +14.9% | -0.2% | -3.5% | -3.3% | +13.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | $6.18 | $7.19 | -14.0% | $60.80B |
| Apr 29, 2026 | $10.44 | $6.70 | +55.8% | $56.31B |
| Jan 28, 2026 | $8.88 | $8.19 | +8.4% | $59.89B |
| Oct 29, 2025 | $1.05 | $6.72 | -84.4% | $51.24B |
| Jul 30, 2025 | $7.14 | $5.88 | +21.4% | $47.52B |
| Apr 30, 2025 | $6.43 | $5.23 | +22.9% | $42.31B |
| Jan 29, 2025 | $8.02 | $6.75 | +18.8% | $48.38B |
| Oct 30, 2024 | $6.03 | $5.25 | +14.9% | $40.59B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 27.4× | 25.4× | 67th | Top 33% |
| P/E (forward) | 23.3× | — | — | — |
| EV / EBITDA | 18.2× | — | — | Bottom 45% |
| EV / Sales | 8.55× | — | — | Bottom 9% |
| Free-cash-flow yield | 2.21% | — | — | Bottom 29% |
| Earnings yield | 3.65% | — | — | Top 33% |
P/E over the past five years
Range 9.3× – 36.3× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +1.5%
- Earnings per share growth (TTM)
- -3.9%
- Change in P/E multiple
- -27.5%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 21
- Days above the 200-day average
- 18
- 50-day average slope (20 days)
- +5.2%
- 200-day average slope (20 days)
- +1.0%
- Distance from 50-day average
- +16.5%
- Distance from 200-day average
- +15.9%
- RSI (14)
- 61.5
- Relative volume
- 0.54×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 47.2%
- Volatility vs own 5-year history
- 69th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.64
- Correlation with S&P 500
- 0.63
- Current drawdown from 1-year high
- -6.4%
- Maximum drawdown, 3 years
- -34.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Sep 7, 2021 | Nov 3, 2022 | -76.7% | 293 days | 302 days (Jan 19, 2024) |
| Feb 14, 2025 | Apr 21, 2025 | -34.2% | 44 days | 48 days (Jun 30, 2025) |
| Aug 12, 2025 | Mar 27, 2026 | -33.5% | 157 days | Not yet recovered |
| Apr 5, 2024 | Apr 30, 2024 | -18.4% | 17 days | 45 days (Jul 5, 2024) |
| Nov 5, 2020 | Jan 14, 2021 | -16.6% | 47 days | 53 days (Apr 1, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.85T
- P/E (TTM)
- 27.4
- EPS, diluted (TTM)
- $26.54
- Revenue (TTM)
- $228.25B
- Dividend yield
- 0.29%
- 52-week range
- $520.26 – $779.82
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $117.93B | $116.61B | $134.90B | $164.50B | $200.97B |
| Gross profit | $95.28B | $91.36B | $108.94B | $134.34B | $164.79B |
| Operating income | $46.75B | $28.94B | $46.75B | $69.38B | $83.28B |
| Net income | $39.37B | $23.20B | $39.10B | $62.36B | $60.46B |
| EPS (diluted) | $13.77 | $8.59 | $14.87 | $23.86 | $23.49 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $40.59B | $48.38B | $42.31B | $47.52B | $51.24B | $59.89B | $56.31B | $60.80B |
| Net income | $15.69B | $20.84B | $16.64B | $18.34B | $2.71B | $22.77B | $26.77B | $15.85B |
| EPS (diluted) | $6.03 | $8.02 | $6.43 | $7.14 | $1.05 | $8.87 | $10.44 | $6.18 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $57.68B | $50.48B | $71.11B | $91.33B | $115.80B |
| Capital expenditure | -$18.57B | -$31.43B | -$27.27B | -$37.26B | -$69.69B |
| Free cash flow | $39.12B | $19.04B | $43.85B | $54.07B | $46.11B |
| Dividends paid | $0 | $0 | $0 | -$5.07B | -$5.32B |
| Net share buybacks | -$44.54B | -$27.96B | -$19.77B | -$30.13B | -$26.25B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $90.26B
- Total assets
- $449.96B
- Total liabilities
- $188.74B
- Total debt
- $112.32B
- Net debt
- $96.86B
- Shareholders’ equity
- $261.22B
As of Jun 30, 2026 (filed Jul 30, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 21, 2026 | $0.53 | Sep 28, 2026 |
| Jun 15, 2026 | $0.53 | Jun 25, 2026 |
| Mar 16, 2026 | $0.53 | Mar 26, 2026 |
| Dec 15, 2025 | $0.53 | Dec 23, 2025 |
| Sep 22, 2025 | $0.53 | Sep 29, 2025 |
| Jun 16, 2025 | $0.53 | Jun 26, 2025 |
| Mar 14, 2025 | $0.53 | Mar 26, 2025 |
| Dec 16, 2024 | $0.50 | Dec 27, 2024 |
Short interest
- Shares sold short
- 30,990,107
- Days to cover
- 1.57
- Change vs previous report
- +7.6%
FINRA short interest, settlement date Sep 15, 2026.