Meta Platforms stock falls after trial and Q2 miss
Published on 08/13/2026 at 17:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Meta Platforms (US30303M1027) shares trade after a 28.0% year-over-year revenue gain to $60.80 billion in Q2 2026, while earnings per share came in at $6.18 and missed the $7.19 consensus estimate. The stock was quoted at $581.60 in premarket trade on August 13, 2026, after a $578.85 close and a 0.48% move from the prior session.
Trial headlines hit sentiment
A California trial over Facebook and Instagram's impact on young users began on August 12, 2026, and Reuters reported that the case could force changes to Meta's platforms. The same session also reflected pressure from the Q2 2026 report, which showed revenue of $60.80 billion and net margin of 29.83%.
For investors, the comparison is clear: revenue rose 28.0% year over year, but EPS missed by $1.01, a gap that now matters more than the top-line beat.
Valuation keeps the focus
Market data showed a market cap of $1.47 trillion and a trailing price-to-earnings ratio of 21.80 on August 13, 2026. Trading volume was 126,157,330 shares in the August 2026 price summary, while the monthly range ran from $559.36 to $612.43.
That puts Meta close to the middle of its recent range, with the August 13, 2026 quote sitting below the $612.43 monthly high and above the $559.36 low.
What the business sells
Meta's core products remain Facebook, Instagram, and other family apps, which still drive the advertising engine behind the $60.80 billion Q2 2026 revenue figure. The quarter's 29.83% net margin shows how much of that ad scale still converts into profit.
Below the hood, the company also reported return on equity of 33.18% and quarter-over-quarter revenue growth from $56.31 billion in the prior comparison period to $60.80 billion in Q2 2026.
Price and setup
As of August 13, 2026, Meta Platforms stock was quoted at $581.60 in premarket trade, after a $578.85 close and a 0.48% gain from the prior session. The stock's August 2026 range and the Q2 miss keep valuation and regulatory risk in the same frame.
Fact box
Company: Meta Platforms, Inc.
ISIN: US30303M1027
Ticker: META
Exchange: Nasdaq
Price (as of August 13, 2026, 9:13 a.m. ET): $581.60 USD
Market cap: $1.47 trillion (as of August 13, 2026)
Sector / Industry: Communication Services / Interactive Media & Services
Index membership: S&P 500, Nasdaq-100
