Meta Platforms Inc - Ordinary Shares - Class A
META - Insider Information
Get informed when a big investor buys or sells
+ FollowMarket Cap$1.61T
Close$
Earnings Call Q3 2026
October 21, 2026 - AI Summary
Strong core business momentum (Meta Family of Apps)
- Q3 total revenue: $64.6B (+26% YoY); Family of Apps revenue: $64.2B (+26% YoY).
- Ads: $63.1B (+26% YoY) driven by +10% ad impressions and +14% global average price per ad.
- Engagement: Instagram and Facebook saw all-time highs in time spent (Reels and Feed strength); Threads time spent per user +20%+ YoY.
- Monetization efficiency improvements from AI-led recommendation and ad ranking systems (e.g., generative retrieval and predictive models).
Key AI/recommendation initiatives supporting growth
- Instagram/Facebook gains attributed to upgraded ranking/retrieval architectures and LLM-based content understanding.
- Examples cited:
- Instagram Reels: relevance launches in Q3 increased Reels time spent by >4%.
- Facebook Feed/Reels: generative retrieval architecture rolled out broadly; increased Reels watch time by ~1% and increased “freshness” (nearly 45% of recommended Reels <1 day old, up 11pp from Q2).
- Ads: Meta Generative Recommender and ranking improvements drove conversion lift (e.g., ~2% increase conversions in targeted segments on Facebook Feed).
- Surprising/positive: AI content understanding models moved onto first-party “Muse model family,” with offline evaluations showing >80% reduction in per-unit processing costs.
Muse (personal agent) shows early product-market fit, but growth is constrained by compute
- Muse adoption: >10M people in US & Canada have set up Muse personal agents in ~1.5 months; Muse ranks #1 in App Store “almost every day.”
- Usage/retention: ~25% of users use it on any given day; longer use by early adopters shows improved retention (noted as >2x Threads’ initial level / comparable AI apps).
- Commerce engagement: >25% of weekly-actives use Muse for shopping; average purchase size >$200; integrations with Plaid/Stripe indicate volumes exceeded expectations.
- Big constraint / challenge: Muse is compute intensive and not yet globally deployed; management expects compute efficiency improvements of >10x over the next year to enable scale and profitability as user/revenue lines grow.
Exclusive for Stockcircle Pro members
Sign up
$565.02
10.3% downside
Current Fair Value
10.3% downsideOvervalued by 10.3% based on the discounted cash flow analysis.
Insider Trades
Loading insider trades…
Congress Trades
Loading congress trades…
Share Statistics
| Market cap | $1.61 Trillion |
|---|---|
| Enterprise Value | $1.71 Trillion |
| Annual dividend | $2.10 |
| Dividend yield | 0.34% |
| Earnings per Share | $23.98 |
| Beta | 1.19 |
| Outstanding Shares | 2,552,000,000 |
Return
| Return on Equity | 28.10% |
|---|---|
| Return on Assets | 15.98% |
| Return on Invested Capital | 21.89% |
Valuation & Multiples
| P/E Ratio | 20.71 |
|---|---|
| PEG | 7.61 |
| Price to Sales | 6.63 |
| Price to Book Ratio | 6.0 |
| Enterprise Value to Revenue | 7.02 |
| Enterprise Value to EBIT | 19.02 |
| Enterprise Value to Net Income | 22 |
| Total Debt to Enterprise | 0.06 |
| Debt to Equity | 0.41 |
Revenue Sources
No data
Last Earnings Call
Report Date
November 4, 2026
EPS Estimate
$7.02
Consensus analyst estimateRevenue Estimate
$63.14 B
Consensus analyst estimateNext Earnings Call
Expected Date
January 27, 2027
EPS Estimate
$8.35
Consensus analyst estimateRevenue Estimate
$74.97 B
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 7.00, the ratio is above 1, so institutions hold more puts than calls. That is a more cautious stance.
| Put/Call Ratio | 7.0000▲ 641.77% |
|---|---|
| Total Calls | 121,968▼ 99.88% |
| Total Puts | 853,777▼ 98.54% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 3.10%▼ 64.58% |
|---|---|
| Total Invested | $57.18B▼ 94.08% |
| Investors Holding | 2,324▼ 3039.00% |
About Facebook Inc
52,534 employees
CEO: Mark Zuckerberg
Founded in 2004, Facebook's mission is to give people the power to build community and bring the world closer together. People use Facebook's apps and technologies to connect with friends and family, find communities and grow businesses.