Meta Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Meta Platforms, Inc. is set to release its Q3 earnings on October 21, with analysts predicting earnings of $5.70 per share, a significant increase from $1.05 per share in the same quarter last year. The expected revenue for the quarter is $63.39 billion, up from $51.24 billion year-over-year. Recently, Meta's shares fell 1.6% to close at $694.25, amid scrutiny over its handling of political accounts in Brazil. Several analysts have maintained or raised their price targets for Meta, with JP Morgan setting a target of $920.