META

Meta Platforms, Inc.

$705.44

-0.55% 2026-10-19

Communication ServicesS&P 500

1M 3M 6M 1Y 2Y

METASPY

-5.1%

+6.0%

+9.3%

+5.3%

YTD

+7.1%

-1.3%

Grades vs sector

Momentum

62nd pct in sector

B-

12-1 return: +12.2%
Percentile within its GICS sector across the S&P 1500.

Growth

81st pct in sector

A-

Revenue growth (YoY): +28.0%
Percentile within its GICS sector across the S&P 1500.

Value

27th pct in sector

D+

Forward E/P: 4.9% · EBITDA/EV: 6.0%
Percentile within its GICS sector across the S&P 1500.

Profitability

84th pct in sector

A-

Profit margin: +29.8% · Return on equity: +29.8%
Percentile within its GICS sector across the S&P 1500.

Revisions

no data

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 3 live models right now.

Momentum Top 15

rank 453 of 499 · 12-1 momentum % -21.9

Quality Growth

rank 42 of 360 · Composite (0-1) 0.7

Momentum Blend

not in the current book

Key stats

Market cap$1.8T

P/E (trailing)26.6

P/E (forward)20.4

52-week range520.26 – 779.82

Revenue growth (YoY, latest qtr)+28.0%

Dividend yield0.30%

Analyst consensusStrong Buy (58)

Mean price target$819.00 (+16%)

Valuation & fundamentals

Bottom line

Roughly fairly valued

Model read-out from the numbers below, not advice. Score +0 (DCF counts double).

•DCF (base case)below the price by 4%

▼Forward P/E vs sector20.4x vs median 11.0x

•Piotroski F-score4/9

▲Altman Z7.5 (safe)

▲Net debt / EBITDA-0.1x

▲Analyst target+16% (58 analysts)

Discounted cash flow

Bear

$346

-51%

growth 14% · disc. 11.2% · term. 2.0%

Base

$679

-4%

growth 24% · disc. 10.2% · term. 2.5%

Bull

$1,159

+64%

growth 30% · disc. 9.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 19% a year for 10 years.

Implied

+19%/yr

FCF, last 3 yrs

+34%/yr

FCF, last 5 yrs

+14%/yr

Revenue, last 3 yrs

+20%/yr

Revenue, last 5 yrs

+19%/yr

Same inputs as the DCF above: trailing free cash flow 41.0B, 10.2% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2025; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.19 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Communication Services

P/E (trailing)

sector median 18.8× · 63rd pct

26.6×
pricier

Forward P/E

sector median 11.0× · 76th pct

20.4×
pricier

EV / EBITDA

sector median 12.2× · 69th pct

16.3×
pricier

Price / sales

sector median 1.9× · 85th pct

7.9×
pricier

Price / book

sector median 2.3× · 73rd pct

6.9×
pricier

FCF yield

sector median 8.2% · 23rd pct

2.3%
pricier

Forward EPS $34.65 vs trailing $26.54 (+31% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin

81.7%

Operating margin

38.1%

FCF margin

18.0%

Net margin

29.8%

Return on equity

26.1%

Return on invested capital

26.6%

Net debt / EBITDA

-0.1×

Current ratio

2.2×

Interest cover

45.3×

Cash conversion (OCF/NI)

1.9×

Piotroski F-score 4/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✗ Gross margin improved✗ Asset turnover improved

Altman Z-score 7.5 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target

$819

+16%

Analysts

Strong Buy

Range

$580–$1,050

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2025	$201.0B	$60.5B	$46.1B
2024	$164.5B	$62.4B	$54.1B
2023	$134.9B	$39.1B	$44.1B
2022	$116.6B	$23.2B	$19.3B
2021	$117.9B	$39.4B	$39.0B
2020	$86.0B	$29.1B	$23.6B

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +19.9%.

Earnings

Next report: 2026-10-21 · after close · EPS est 5.64

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-07-29	7.22	6.18	-14.4%
2026-04-29	6.82	7.31	+7.2%
2026-01-28	8.22	8.88	+8.0%
2025-10-29	6.67	7.25	+8.7%
2025-07-30	5.86	7.14	+21.8%
2025-04-30	5.21	6.43	+23.5%
2025-01-29	6.74	8.02	+19.0%
2024-10-30	5.30	6.03	+13.9%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$60.8B	+28.0%
2026-03-31	$56.3B	–
2025-12-31	$59.9B	–
2025-09-30	$51.2B	–
2025-06-30	$47.5B	–

Analyst actions

Pivotal Research

2026-10-13 · main

Buy → Buy
PT $930

Truist Securities

2026-10-13 · main

Buy → Buy
PT $1,000

Keybanc

2026-10-13 · reit

Overweight → Overweight
PT $900

Rosenblatt

2026-10-13 · main

Buy → Buy
PT $886

Cantor Fitzgerald

2026-10-12 · main

Overweight → Overweight
PT $840

TD Cowen

2026-10-08 · reit

Buy → Buy
PT $865

Recent dividends

2026-09-21: $0.525 · 2026-06-15: $0.525 · 2026-03-16: $0.525 · 2025-12-15: $0.525 · 2025-09-22: $0.525 · 2025-06-16: $0.525 · 2025-03-14: $0.525 · 2024-12-16: $0.500