Meta Platforms stock: On Nasdaq, Meta Platforms stock sits 17.50 percent below its 52-week high
Published on 10/23/2026 at 15:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRevenue and analyst targets
- Meta reported USD 64.60 billion in third-quarter revenue on October 21, 2026.
- UBS raised its Meta target to USD 892.00 from USD 884.00 on October 22, 2026.
- Meta Platforms stock costs EUR 570.65 at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST.
Meta Platforms (ISIN US30303M1027) sat 17.50 percent below its Nasdaq 52-week high on October 23, 2026, with the US share price at USD 643.39. At Lang & Schwarz, the stock was trading at EUR 570.65 on October 23, 2026 at 3:40 p.m. CEST.
Revenue reached USD 64.60 billion
Meta reported third-quarter revenue of USD 64.60 billion on October 21, 2026, up 26 percent from USD 51.24 billion in the same quarter of 2025. According to Meta, net income rose to USD 9.86 billion from USD 2.71 billion, while operating margin fell to 20 percent from 40 percent.
The figures included a USD 9.89 billion charge related to an agreement with US state attorneys general. Excluding that charge, diluted earnings per share would have been USD 7.40 instead of the reported USD 3.83, according to Meta.
Meta stock remains below its high
The Nasdaq quote of USD 643.39 on October 23, 2026 was 17.50 percent below the 52-week high of USD 779.82 and 23.66 percent above the 52-week low of USD 520.26. Meta's market capitalization stood at USD 1.64 trillion, with a trailing price-to-earnings ratio of 21.98.
Meta's third-quarter operating cash flow was USD 32.79 billion, while free cash flow was negative USD 2.12 billion. Capital expenditures reached USD 34.91 billion in the quarter, and the company narrowed its 2026 capital expenditure outlook to USD 135 billion to USD 145 billion.
What does the UBS target imply?
UBS raised its target for Meta from USD 884.00 to USD 892.00 in a note dated October 22, 2026, while maintaining a Buy rating, as reported by MarketBeat. The target was 38.62 percent above the Nasdaq price of USD 643.39 on October 23, 2026.
Valuation and upcoming corporate date
Meta's new Class C common stock is scheduled to take effect on January 19, 2027. The company said on October 21, 2026 that the new non-voting class is intended to support capital raising, employee compensation and potential acquisitions, while preserving the existing voting structure.
Comparison with peers
Meta Platforms: price-to-earnings ratio 21.98, market capitalization USD 1.6 trillion. Alphabet: price-to-earnings ratio 16.06, market capitalization USD 3.9 trillion. Snap: price-to-earnings ratio minus 33.80, market capitalization USD 10.7 billion.
Stock position for investors
The latest figures present a mixed picture: revenue grew 26 percent, but the legal charge reduced reported operating profitability and AI investment pushed quarterly free cash flow below zero. The Nasdaq valuation remains materially below the 52-week high, while the UBS target points to a higher level in the same currency.
Meta Platforms stock was trading at EUR 570.65 at Lang & Schwarz on October 23, 2026 at 3:40 p.m. CEST.
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
- WKN: A1JWVX
- Ticker: META
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 3:40 p.m. CEST): EUR 570.65
- Market capitalization: USD 1.6 trillion (as of October 23, 2026)
- 52-week range: USD 520.26-779.82 (as of October 23, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: S&P 500
Market context: Market report S&P 500.
