Meta Platforms stock falls 2.11 percent as AI rally pauses
Published on 09/30/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Meta Platforms (ISIN US30303M1027) stock was trading at EUR 636.55 at Lang & Schwarz on September 30, 2026, down 2.11 percent versus the prior close of EUR 650.30. The pullback follows a September rally built around Muse, Meta's personal AI agent, whose early adoption has reshaped the market debate, according to Investing.com on September 28, 2026.
Analysts raise the valuation bar
JPMorgan analyst Doug Anmuth raised the Meta price target to USD 920 from USD 820 on September 24, 2026, while maintaining an Overweight rating, according to Yahoo Finance. The change followed Meta Connect and the initial momentum around Muse, giving the AI product a direct role in the revised investment case.
Jefferies also raised its target to USD 875 from USD 710 and kept a Buy rating on September 22, 2026, as reported by MarketBeat. The two revisions point to a common tension: investors are assigning more value to Meta's AI platform potential while its cost base remains elevated.
Revenue grows as margins compress
Meta reported USD 60.80 billion in second-quarter 2026 revenue on July 29, 2026, up 28 percent from USD 47.52 billion a year earlier, according to Investing.com. Net income was USD 15.85 billion, compared with USD 18.34 billion in the prior-year quarter, while operating margin declined to 31 percent from 43 percent.
The contrast is material for the stock. Revenue growth remains double digit, but the 12 percentage point margin decline shows that infrastructure, legal costs and AI investment are absorbing more of each additional dollar of sales. Reality Labs added USD 431 million in second-quarter revenue but posted a USD 4.60 billion operating loss, keeping the division a visible counterweight to the advertising engine.
Meta stock remains below its yearly high
Meta Platforms had a market capitalization of USD 1.9 trillion as of September 30, 2026, while its 52-week range was USD 520.26 to USD 779.82. The next major test is whether Muse converts early user demand into paid services, commerce activity or better advertising economics before the next quarterly report.
At Lang & Schwarz, Meta Platforms stock was trading at EUR 636.55 on September 30, 2026, at 3:36 p.m. CEST, down 2.11 percent versus the prior close of EUR 650.30. The quotation is an intraday euro indication for investors in Germany.
Meta Platforms stock at a glance
- Company: Meta Platforms, Inc.
- ISIN: US30303M1027
- Ticker: META
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of September 30, 2026, 3:36 p.m. CEST): EUR 636.55
- Change versus prior close: minus 2.11 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 650.30
- Market capitalization: USD 1.9 trillion (as of September 30, 2026)
- 52-week range: USD 520.26-779.82 (as of September 30, 2026)
- Sector / Industry: Communication Services / Internet Content & Information
