Meta Platforms (META) will report its Q2 2026 financial results on Wednesday, July 29, after U.S. markets close. Analysts expect the company to report approximately $60.17 billion in revenue, reflecting a year-over-year growth of 26.63%. Earnings per share (EPS) is projected to be $7.13, representing a slight decline of 0.14% year-over-year.
Historically, Meta has beaten Wall Street expectations for 13 consecutive quarters, with an average surprise of 12.31% over the last four quarters. The options market is currently anticipating a post-earnings move of +/- 7.3% in Meta shares. Over the past year, Meta’s stock has decreased by 15.2%, underperforming the S&P 500’s 18.6% gain.
For 2026, Meta’s capital expenditures are estimated between $125-$145 billion as the company aims for AI dominance. Wall Street is also speculating on a potential major partnership with AI leader Anthropic, which could positively impact stock performance.
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