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Meta Stock: What Wall Street Expects from Earnings Wednesday

Meta Stock: What Wall Street Expects from Earnings Wednesday

Photo: CoinCentral

TLDR Meta Platforms (META) stock slipped 0.55% and is up about 9% this year, per Morningstar. Morgan Stanley raised its price target to $820 from $775 and kept a Buy rating. Wall Street expects Q3 EPS of $6.66 and revenue of $63.34 billion, up about 24%. Morningstar rates the stock three stars with a fair value estimate of $850. Meta reports Wednesday, Oct. 21, after the close, with Muse adoption and capex in focus. Meta Platforms (META) stock slipped 0.55% in the latest session as investors get ready for third-quarter results. The company reports Wednesday, Oct. 21, after the close.

Source: CoinCentral

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