Meta Guides Q3 Revenue to $61B-$64B, Topping Estimates
META is trading near its 52-week low of $520.26 (2.7% above the low).
Summary
Meta issued Q3 revenue guidance of $61B-$64B, above the consensus estimate of $60.5B. The midpoint of $62.5B implies roughly 15% year-over-year growth, signaling continued advertising momentum. This follows a series of high-profile challenges — EU regulatory probes, a major security breach, and a $145B capex commitment — but the revenue outlook suggests core business resilience. The stock is trading near its 52-week low, so a beat on guidance could trigger a relief rally. Watch for management commentary on AI monetization and ad spend trends when full earnings are released.
At the time of this announcement, META was trading at $534.42 on NASDAQ in the Technology sector, with a market capitalization of approximately $1.5T. The 52-week trading range was $520.26 to $796.25. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.