Key Points
- Wall Street has deemed Meta the best large cap buy
- The stock price is currently at $556.71
- A 43.58% increase is expected over 12 months
By the Numbers
$556.71$799.3143.58%
Wall Street has deemed Meta the best large cap buy as it heads into the second half of 2026. Meta's stock price is currently at $556.71. 24/7 Wall St.'s price target is set at $799.31, which represents a 43.58% increase over 12 months.
Meta's revenues saw a 27.96% increase in the second quarter, reaching $60.80 billion. However, the company's operating margin declined to 31% due to legal fees and layoffs.
The company's stock price dropped 6.47% following the release of its second-quarter results but later rose 3.28%.
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Frequently Asked Questions
- Why did Meta's stock price drop?
- The stock price dropped following the release of its second-quarter results
- How did Meta's revenues perform?
- Revenues saw a 27.96% increase in the second quarter
- How did the company's operating margin perform?
- The operating margin declined to 31%
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