Meta Platforms consensus stays constructive, shares trade below recent peak

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 07:08.

Meta Platforms (US30303M1027) enters the new trading day on NASDAQ with a clear earnings consensus picture. The stock last closed at 563.85 US dollars after a 2.32 percent daily decline, as reported by Zacks and Yahoo Finance. Zacks/Yahoo market commentary on META

What analysts currently expect

For the upcoming quarter, analysts polled by Zacks project Meta Platforms earnings per share of 7.10 US dollars, implying a 0.56 percent decrease versus the prior-year quarter, while revenue is seen at 60.13 billion US dollars, up 26.56 percent year-on-year. Zacks consensus data on Meta

On a full-year basis, the same consensus points to earnings of 33.01 US dollars per share and revenue of 253.28 billion US dollars, corresponding to double-digit growth rates in both metrics according to the Zacks analysis. Zacks full-year estimates for META

Valuation and recent share performance

The Zacks report notes that Meta Platforms currently carries a Rank #3 (Hold) and trades on a forward price-earnings multiple that the service describes as below the average forward P/E for its peer group, combined with a PEG ratio of 0.91, indicating earnings growth expectations outpacing that valuation metric. Zacks view on valuation and rank

In terms of share-price dynamics, Meta Platforms shares ended the latest session at 563.85 US dollars, down 2.32 percent on the day, leaving the stock 5.41 percent lower over the past month while still trading around the upper end of its 12-month range, according to data compiled by Zacks and Marketscreener. Marketscreener chart overview for Meta Platforms

How Meta Platforms makes its money

Meta Platforms generates the majority of its revenue from digital advertising sold across its family of apps, including Facebook, Instagram, Messenger and WhatsApp, with additional contributions from Reality Labs, which develops virtual-reality hardware such as the Meta Quest headset and associated software platforms.

Where the stock trades today

The Meta Platforms shares (US30303M1027) last closed on NASDAQ at 563.85 US dollars on 2026-06-22, according to consolidated price data.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, investment recommendation or an offer or solicitation to buy or sell any financial instrument. All data is based on sources deemed reliable, without guarantee for accuracy or completeness.