Core Insights - Meta Platforms, Inc. (META) is valued at a market cap of $1.8 trillion and operates major social media platforms including Facebook, Instagram, WhatsApp, Messenger, and Threads [1] - The company is set to announce its fiscal Q3 earnings for 2025 on October 29, 2023 [1] Financial Performance - Analysts expect META to report a profit of $6.74 per share for Q3 2025, an increase of 11.8% from $6.03 per share in the same quarter last year [2] - For fiscal 2025, the expected profit is $28.14 per share, representing a 17.9% increase from $23.86 per share in fiscal 2024 [3] - EPS is projected to grow 5.6% year-over-year to $29.71 in fiscal 2026 [3] Stock Performance - META's stock has increased by 21.1% over the past 52 weeks, outperforming the S&P 500 Index's return of 17.4% but lagging behind the Communication Services Select Sector SPDR Fund's 27.8% increase [4] - Following better-than-expected Q2 results, META's shares rose by 11.3% in the subsequent trading session [5] Analyst Ratings - Wall Street analysts have a "Strong Buy" rating for META, with 47 out of 57 analysts recommending "Strong Buy" [6] - The mean price target for META is $872, indicating a potential upside of 21.5% from current levels [6]
Here's What to Expect From Meta Platforms' Next Earnings Report