Meta Platforms stock drops 1.7 percent in Nasdaq trading
Meta Platforms Drops 1.7 Percent in NASDAQ Trading
Meta Platforms shares experienced losses on Monday afternoon, falling 1.7 percent to 697.13 USD during the NASDAQ session, according to finanzen.net.
The Tech TL;DR:
- Meta Platforms stock traded down 1.7 percent to 697.13 USD on Monday afternoon at the NASDAQ.
- The company reported Q2 revenue of 60.80 billion USD with an EPS of 6.18 USD on July 29, 2026.
- Upcoming Q3 2026 financial results are scheduled for release on October 21, 2026.
Meta Platforms Shares Trade Between Yearly Extremes
The Meta Platforms equity opened the NASDAQ session at 707.20 USD. A total of 671,076 shares changed hands by mid-session.
Despite Monday’s downward movement, the equity maintains a wide margin from its yearly extremes. On September 25, 2026, the share reached a 52-week high of 779.80 USD, sitting roughly 11.86 percent above the current trading price. Conversely, the 52-week low was recorded on March 28, 2026, at 520.26 USD, placing the current valuation 25.37 percent above that floor.
Meta Platforms Reports Revenue Growth Despite Lower EPS
Meta Platforms released its business results for the most recent financial quarter on July 29, 2026, logging earnings per share (EPS) of 6.18 USD compared to 7.14 USD in the same period of the previous year. Quarterly revenue reached 60.80 billion USD, representing a 27.96 percent increase over the 47.52 billion USD reported in the prior-year quarter.
Looking ahead to the upcoming reporting cycle, finanzen.net reported that analysts anticipate the release of the Q3 2026 financial results on October 21, 2026, with full-year 2026 earnings projected at 30.60 USD per share. For shareholder distributions, the company paid out a dividend of 2.10 USD in 2025, with expectations adjusted to 1.90 USD for the current year. Market experts maintain an average consensus price target of 819.29 USD for the equity.
Financial Institutions Issue Positive Ratings for Meta Platforms
Financial institutions maintained active coverage on Meta Platforms throughout late September and October 2026. Jefferies & Company Inc. issued Buy ratings on September 28, October 8, and October 15, 2026. JP Morgan Chase & Co. assigned an Overweight rating on September 24, 2026, while RBC Capital Markets registered an Outperform rating on the same date, according to tracking data provided by finanzen.net.
Beyond the upcoming third-quarter disclosure, market watchers project the release of Meta Platforms’ Q3 2027 financial results on October 27, 2027.