Meta Platforms (NASDAQ: META) closed at $659.15 on April 29, 2026, experiencing a -2.31% decline from the previous trading session, while the S&P 500 fell by 0.41%. The company’s stock has increased by 13.42% over the prior period, which is below the Computer and Technology sector’s growth of 14.93% and surpasses the S&P 500’s 9.71% gain.
Meta is scheduled to report its earnings, predicting an EPS of $6.71, a 4.35% increase year-over-year, with revenue expected to reach $55.49 billion, marking a 31.15% year-over-year rise. For the full fiscal year, projections suggest earnings of $29.83 per share and revenue of $250.16 billion, reflecting year-over-year changes of +26.99% and +24.48%, respectively.
Currently, Meta holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 22.62, exceeding the industry average of 19.47. The Internet – Software industry ranks 88 within the Zacks Industry Rank, placing it in the top 37% of over 250 industry groups.
