Meta Platforms (META) earnings for the quarter ended September 2026: EPS misses estimates
Meta Platforms reported results for the quarter ended September 2026 on October 21, 2026. Adjusted earnings per share came in at $3.83 against the analysts’ average forecast of $5.42, a miss of 29.3%.
Revenue for the quarter was $64.60 billion, up 26.1% from $51.24 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 6.5% on the first trading day after the report.
The last four quarters
Meta Platforms has beaten the analysts’ EPS forecast in 2 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $3.83 | $5.42 | −29.3% | +26% | −6.5% |
| Jun 2026 | $6.18 | $7.22 | −14.4% | +28% | −9.2% |
| Mar 2026 | $10.44 | $6.66 | +56.8% | +33% | −8.8% |
| Dec 2025 | $8.88 | $8.22 | +8.0% | +24% | +9.7% |
What comes next
Analysts expect EPS of $8.33 for the next quarter on average and $29.06 for the fiscal year ending December 31, 2026.
The average analyst price target is $851.12, 33% above the current price of $641.69.
Valuation and score
Meta Platforms scores 3.6 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 21.9, and its intrinsic value under moderate assumptions is about 22% above the current market value. Full Meta Platforms analysis with 10 years of financials
Frequently asked questions
What was Meta Platforms’s EPS for the quarter ended September 2026?
$3.83 adjusted per share, against an analyst consensus of $5.42.
How much revenue did Meta Platforms report?
$64.60 billion, up 26.1% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.