Meta Platforms, Inc.

Overview

Meta Platforms, Inc. (META) is currently trading on NASDAQ with a market cap of $1.55 trillion. As of April 30, 2026, at close, its stock price was $611.91, reflecting a significant after-hours drop of 8.55%.

Financial Metrics

Metric Value
Current Stock Price $611.91
Prev Close $669.12
Market Cap $1.55T
Open $619.32
P/E Ratio 22.25
Day Range $600.01 - $620.76
Dividend Yield 0.34%
52W Range $520.26 - $796.25
EPS $27.50
Volume 52.34M

Notable Price Movement

April 30

  • After-hours price is $611.91, down 8.55% at close. Despite strong Q1 results with revenue of $56.31B (+33% YoY) and EPS of $10.44, the stock dropped significantly due to a higher than expected capital expenditure outlook for 2026 ($125B-$145B). This raised concerns about Meta's future profitability due to potential underestimations in compute needs, along with new regulatory pressures in the EU.

April 29

  • Closed at $669.12. Despite beating Q1 revenue estimates, the stock fell in after-hours trading by around 7%, attributed to a raised capex outlook and regulatory concerns.

April 28

  • Stock closed at $671.34, facing pressure from AI growth concerns and setbacks in acquisition plans due to national security issues.

April 27

  • Closed at $678.62, as analysts remain optimistic about Q1 earnings.

April 24

  • Closing price was $675.03, driven upwards by company-specific catalysts ahead of the earnings report.

Analyst Consensus

  • Rating: Strong Buy from 34 analysts, with a neutral rating from 32 and 2 bearish.
  • Price Target: Current average target is $834.94.

Key Issues

  1. AI Capital Expenditure: The sustainability of rapid spending in AI infrastructure is a focal point, with a forward P/E of 21.5 suggesting captured growth potential against high expenses.
  2. Macro Environment: Broader geopolitical and economic headwinds, alongside internal operational adjustments to AI spending, pose risks to sustained performance.
  3. Reality Labs Losses: Concerns about capital misallocation in non-core segments may impact overall profitability.

Company Profile

  • Symbol: META
  • IPO Date: May 17, 2012
  • CEO: Mark Elliot Zuckerberg
  • Fulltime Employees: 77,000
  • Sector: Communication Services
  • Industry: Internet Content & Information
  • Country: United States