Meta stock fell about 9% over the past week, mostly after its third-quarter report: revenue rose 26% to 64.6 billion USD, but free cash flow was negative at 2.12 billion USD as capex reached 34.91 billion USD, above operating cash flow of 32.79 billion USD. Meta raised the floor of its 2026 capex range to 135 billion USD, and a New Mexico court ordered it to pay a 25 billion USD fine over the Cambridge Analytica scandal; the company says it will appeal and holds 82.5 billion USD in cash. The stock trades at about 20x forward earnings, below its five-year average of 21x. The author argues investors could buy more if they can accept dilution from the non-voting Class C stock arriving in 2027. The consensus target of 844 USD is about 31% above Friday's close.
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Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.7T |
| Close on 10/23/2026 | 642.26 |
| Change that session | -1.02% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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