Jefferies reiterates Buy rating for Meta Platforms stock at USD 875.00
Published on 10/05/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Meta Platforms (ISIN US30303M1027) was trading at EUR 647.95 at Lang & Schwarz on October 5, 2026 at 11:00 a.m. CEST, up 0.20 percent versus the prior close of EUR 646.65. The latest analyst action came from Jefferies, which reiterated a Buy rating and a USD 875.00 price target on September 28, 2026, according to Price Target.
Revenue grew while margins narrowed
Meta reported USD 60.80 billion of revenue for the second quarter of 2026, up 28.00 percent from USD 47.52 billion in the second quarter of 2025. The company also reported USD 15.85 billion of net income, down 14.00 percent from USD 18.34 billion a year earlier, according to Trivano.
The operating margin narrowed to 31.00 percent from 43.00 percent in the comparable quarter. Diluted earnings per share fell to USD 6.18 from USD 7.14, while operating cash flow reached USD 31.86 billion in the second quarter.
AI optimism meets heavier costs
Jefferies linked its September 28, 2026 view to Meta's AI Summit and the early use of its Muse product, while also acknowledging competition from Alphabet and Apple, as Investing.com reported. The USD 875.00 target is an analyst opinion rather than a company forecast.
Meta's second-quarter figures show the trade-off behind that optimism. Legal proceedings contributed USD 2.40 billion to general and administrative expenses, while capital expenditures including finance-lease payments reached USD 31.08 billion. Meta guided to USD 130.00 billion to USD 145.00 billion of 2026 capital expenditures in its results release.
Meta stock approaches its yearly high
Meta's primary listing is on Nasdaq under ticker META. The USD 520.26 to USD 779.82 52-week range and USD 1.9 trillion market capitalization were available as of October 2, 2026, while the Nasdaq 100 includes the company. The next quarterly report is listed for October 28, 2026, according to Seeking Alpha.
Meta stock trades at EUR 647.95
At Lang & Schwarz, Meta Platforms was trading at EUR 647.95 on October 5, 2026 at 11:00 a.m. CEST, compared with a prior close of EUR 646.65 and a daily gain of 0.20 percent. The combination of 28.00 percent second-quarter revenue growth and a 12.00 percentage-point operating-margin contraction leaves AI monetization and spending discipline as the central figures for the October report. The further course of trading is shown by the continuously updated real-time quote of Meta Platforms stock.
Meta Platforms stock facts
- Company: Meta Platforms, Inc.
- ISIN: US30303M1027
- Ticker: META
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 5, 2026, 11:00 a.m. CEST): EUR 647.95
- Change versus prior close: plus 0.20 percent
- Prior close Lang & Schwarz (October 2, 2026): EUR 646.65
- Market capitalization: USD 1.9 trillion (as of October 2, 2026)
- 52-week range: USD 520.26-779.82 (as of October 2, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: Nasdaq 100
- Next earnings date: October 28, 2026
