Meta Platforms (META) closed at $627.17, a decrease of 2.58% from the previous day’s close, underperforming the S&P 500, which saw a loss of 0.14%. Over the past month, Meta’s stock has increased by 14.52%, significantly outpacing the Computer and Technology sector’s loss of 4.82%.
The company is set to report its earnings on July 29, 2026, with a projected earnings per share (EPS) of $7.13, a slight decrease of 0.14% year-over-year. Revenue is forecasted to be $60.17 billion, marking a 26.63% increase from the same quarter last year. For the full year, earnings are expected to reach $33.03 per share and revenue is projected at $253.26 billion, reflecting growth rates of 40.61% and 26.02%, respectively.
Meta currently has a Zacks Rank of #3 (Hold) and a forward P/E ratio of 19.49, which is below the industry average of 19.55. The PEG ratio stands at 0.97, compared to the Internet – Software industry’s average of 1.06, indicating potential for earnings growth relative to its valuation.
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