Why Meta Platforms Stock Fell 10% Today
Meta Platforms (NASDAQ: META) shares dropped as much as 10.4% on Wednesday following the company's Q2 2026 earnings report. Revenue beat expectations, but investors focused on shrinking profits and a challenging cash flow picture.
The Instagram and Facebook parent posted $60.8 billion of Q2 revenue, a 28% year-over-year increase and near the top of management's guidance. The ad business remains strong, with impressions up 14% and average price per ad up 12%.
But earnings fell 13% to $6.18 per share. Free cash flow was just $784 million, down from $12.4 billion in the previous quarter and $8.5 billion in Q2 2025.
Source Fool.com
Meta Platforms Inc. Stock
€482.65
3.440%
We see a rather positive sentiment for Meta Platforms Inc. with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 645 € shows a positive potential of 33.64% compared to the current price of 482.65 € for Meta Platforms Inc..
