Meta Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Benzinga Earnings18:07

Meta Platforms, Inc. (NASDAQ:META) will release earnings for its third quarter after the closing bell on Wednesday, Oct. 21.

Analysts expect the Menlo Park, California-based company to report quarterly earnings of $5.70 per share, up from $1.05 per share in the year-ago period. The consensus estimate for Meta’s quarterly revenue is $63.39 billion. It reported $51.24 billion last year, according to Benzinga Pro.

Meta faced fresh scrutiny in Brazil over technical restrictions affecting President Luiz Inacio Lula da Silva’s Instagram campaign account and the recommendation of challenger Flavio Bolsonaro’s accounts, days before the Oct. 25 presidential runoff.

Shares of Meta fell 1.6% to close at $694.25 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • JP Morgan analyst Doug Anmuth maintained an Overweight rating with a price target of $920 on Oct. 15, 2026. This analyst has an accuracy rate of 83%.
  • Citigroup analyst Ronald Josey maintained a Buy rating and raised the price target from $800 to $895 on Oct. 15, 2026. This analyst has an accuracy rate of 74%.
  • Goldman Sachs analyst Eric Sheridan maintained a Buy rating with a price target of $860 on Oct. 14, 2026. This analyst has an accuracy rate of 75%.
  • UBS analyst Stephen Ju maintained a Buy rating and boosted the price target from $715 to $884 on Oct. 14, 2026. This analyst has an accuracy rate of 74%.
  • Guggenheim analyst Michael Morris maintained a Buy rating and raised the price target from $700 to $850 on Oct. 14, 2026. This analyst has an accuracy rate of 70%.

Considering buying META stock? Here’s what analysts think:

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