Meta Platforms stock gains 1.41 percent as AI costs shape outlook
Published on 09/29/2026 at 14:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Meta Platforms (ISIN US30303M1027) was trading at EUR 638.55 at Lang & Schwarz on September 29, 2026 at 2:38 p.m. CEST, up 1.41 percent versus the prior close of EUR 629.70. The move follows a sharp AI-driven September rally and a fresh technical assessment that places the next major reference level at USD 790.27.
Analyst target reaches USD 790.27
Aktiencheck reported on September 29, 2026 that a BNP Paribas analysis cited an analyst price target of USD 790.27 for Meta Platforms. The same analysis identified USD 713.00 as a downside threshold and USD 779.81 as the recent high, giving investors clearly defined technical levels rather than a purely narrative AI story.
The technical setup follows a strong advance from USD 524.49 to USD 779.81, a gain of 48.68 percent based on the levels cited in the analysis. The assessment also pointed to a 50-day exponential moving average at USD 639.16 and a 200-day exponential moving average at USD 628.78.
Revenue grows while margins narrow
Meta's latest reported quarter ended June 30, 2026. According to Trivano carrying Meta's July 29, 2026 results release, revenue rose 28.00 percent year over year to USD 60.80 billion, while net income fell 14.00 percent to USD 15.85 billion. Diluted GAAP EPS declined 13.00 percent to USD 6.18 from USD 7.14.
The cost profile explains the tension. Trivano reported total costs and expenses of USD 42.03 billion, up 55.00 percent, while the GAAP operating margin dropped to 31.00 percent from 43.00 percent. Meta also reported USD 31.86 billion in operating cash flow and USD 784.00 million in free cash flow for the quarter.
Q3 guidance sets the next test
Management guided third-quarter 2026 revenue to USD 61.00 billion to USD 64.00 billion, compared with USD 60.80 billion in the second quarter. The company also expects full-year 2026 expenses of USD 165.00 billion to USD 169.00 billion and capital expenditures of USD 130.00 billion to USD 145.00 billion, keeping AI investment and cash conversion central to the valuation debate.
Meta Platforms stock gains in trading
Meta Platforms stock was trading at EUR 638.55 at Lang & Schwarz on September 29, 2026 at 2:38 p.m. CEST, up 1.41 percent against the Lang & Schwarz prior close of EUR 629.70 on September 28, 2026. The primary listing is Nasdaq, where the stock was last quoted at USD 715.62 on September 28, 2026 at 4:00 p.m. EDT.
Meta Platforms stock facts
- Company: Meta Platforms, Inc.
- ISIN: US30303M1027
- WKN: A1JWVX
- Ticker: META
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of September 29, 2026, 2:38 p.m. CEST: EUR 638.55
- Change versus prior close: plus 1.41 percent
- Prior close Lang & Schwarz September 28, 2026: EUR 629.70
- Market capitalization: USD 1.8 trillion (as of September 28, 2026)
- 52-week range: USD 520.26-779.82 (as of September 28, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
