META
Meta Platforms, Inc.

Meta Platforms, Inc.META

Communication Services · Internet Content & Information
630.00USD
+1.44%
Nov 05, 2026
META overview ready
Advertising-driven social media and VR/AR connectivity platforms enhancing user engagement
Meta Platforms, Inc. develops products that enable people to connect and share via mobile devices, personal computers, VR headsets, and AI glasses, operating primarily through its Family of Apps and Reality Labs segments.
Theme not measured
No economic group is assigned yet.
No clear price read
Longer-term context reads near trend floor, with a near-term setup of distribution pressure.
Demanding valuation
The price embeds expectations that run ahead of the cash the business currently produces.
Unremarkable fundamentals
Market Nov 4Filing Sep 30Price action Nov 5

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction6.0BusinessPerformance5.0BusinessQuality8.7Valuation2.8ThemeMomentum—Mixed — Revenue is growing at a steady pace (+26% year over year). Reported earnings improved faster than operating income, so most of the improvement did not come from operations. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
No economic group yet — pending research
Price
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Price Action

No clear price read
Longer-term context reads near trend floor, with a near-term setup of distribution pressure.
EntryConstructive

Structure is constructive on both timeframes without excessive extension — a reasonable entry location.

Key Financials

Market Cap
$1.6T
Avg Volume (60D)
23.5M
60 sessions
Revenue Growth YoY
+22.2%
FY2025 vs FY2024
Gross Margin
+81.0%
Trailing twelve months
Operating Margin
+32.9%
Trailing twelve months
Free Cash Flow Yield
+1.8%
Next Earnings
2027-01-27
P/E
21.5x
EV / EBITDA
15.5x
EV / Sales
6.7x
Market metrics as of Nov 4, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Mixed

Revenue is growing at a steady pace (+26% year over year). Reported earnings improved faster than operating income, so most of the improvement did not come from operations.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthGrowing
+26%
$64.6B in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +24%
  2. +33%
  3. +28%
  4. +26%
Earnings growthAccelerating
+265%
Diluted EPS $3.83 vs $1.05 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. +11%
  2. +62%
  3. -13%
  4. +265%
Operating marginContracting
20.1%
-20.0 pp YoY
Earnings improved more than operations did
The comparison is against a weak year-ago quarter

Business Quality

8.7 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Two of the three valuation perspectives say expensive; intrinsic is the dissenting view.
Meta Platforms, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of the cash the business currently produces.

Company Research

Research coverage for this company is in progress.

Economic classification

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Business & Markets

Communication Services · Internet Content & Information
What they do

Meta Platforms, Inc. develops products that enable people to connect and share via mobile devices, personal computers, VR headsets, and AI glasses, operating primarily through its Family of Apps and Reality Labs segments.

How it earns

The company generates revenue mainly through advertising sales across its social media platforms.

Products & services
Facebook
Instagram
WhatsApp
Reality Labs VR/AR devices
Customers & end markets
Advertisers
Social media users
Market position

Market leader in social media platforms and emerging VR/AR technologies.

Demand drivers
Medium cyclicality

Advertising revenues are sensitive to economic cycles but diversified user base provides some stability.