Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/28/2026

1. ORCL
2. AVGO
3. BA
4. CDNS
5. ANT
6. SPY
7. META
8. HOOD
9. STX
10. INTC

Go back to Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges

Goldman Sachs on Meta Platforms Inc. (META): 'We expect investors to have an initial positive reaction'

October 21, 2026 4:46 PM EDT

Goldman Sachs analyst Eric Sheridan reiterated a Buy rating and $860.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "
We expect investors to have an initial positive reaction to META's Q3 26 earnings report on the back of a revenue beat with the result exceeding the high end of its guided range (with reported Advertising revenues +26% YoY). The profitability in the reported was impact by a ~$9.9bn one-time accrual related to the agreement between the company and a group of US State... More