Should You Buy, Sell, or Hold META Stock Before Q3 Earnings Release?

Meta Platforms META is set to report its third-quarter 2026 results on Oct. 21. For the third quarter of 2026, Meta Platforms expects revenues between $61 billion and $64 billion. The forecast assumes foreign currency will create an approximately 1% headwind to year-over-year revenue growth. The Zacks Consensus Estimate for the third quarter of 2026 revenues is pegged at $63.24 billion, suggesting a year-over-year increase of 23.42%. The consensus mark for earnings stands at $6.54 per share, down 1.94% over the past 30 days, suggesting a decline of 9.79% from the figure reported in the year-ago quarter.