Meta Share Price Target 2027–2030: EPS-Based Forecast After Q3 2026

Price as of 13 Nov 2026 close: $641.69 (NASDAQ: META). Results are from Meta’s Q3 2026 10-Q filing, Yahoo Finance and MarketBeat. Price and valuation from StockAnalysis.

Meta grew Q3 2026 revenue 26% to $64.6 billion, with both ad volume (+10%) and ad prices (+14%) rising. But reported operating income fell 37% because of a $9.89 billion legal settlement charge, and capital spending hit a record $34.9 billion in the quarter as Meta builds AI data centres. At $641.69 the stock trades at about 22× reported trailing earnings, or about 19.5× excluding the legal charge. Below we project the price to 2030 from three explicit assumptions.

1. Meta Share Price Targets 2027–2030 at a Glance

All three scenarios come from one formula (next section). Targets are for the end of each calendar year.

The base case implies a price change of roughly 17% a year from today's $641.69 to the end of 2030.

2. How We Calculate These Targets

Target = projected EPS × P/E multiple. Each year-end target uses the EPS of the financial year that follows (for example, the 2027 target uses FY2028 EPS), because markets price stocks on forward earnings.

• Starting EPS: reported trailing EPS of $29.33 plus about $3.57 per share for the one-time legal charge in Q3 2026 (GAAP EPS $3.83 vs $7.40 excluding it) ≈ $32.90 adjusted.
• Bear case: EPS grows 6% a year, P/E 15×. AI spending fails to lift revenue, depreciation from capex squeezes margins, and regulation tightens.
• Base case: EPS grows 13% a year, P/E 20×. Ad revenue keeps growing in the mid-teens and AI improves ad targeting, partly offset by rising depreciation; P/E near today’s level.
• Bull case: EPS grows 18% a year, P/E 25×. AI products (assistants, business messaging) open new revenue streams on top of advertising.

Worked example (base, 2027): $32.9 × 1.13 × 1.13 = $42.01 FY2028 EPS → × 20 = $840.

Sensitivity — 2030 base-case EPS of $60.62 at different multiples:

3. Latest Results: What Changed

What changed: the advertising business is growing faster than a year ago, and adjusted EPS beat estimates by a wide margin. The reported profit fall is due to the one-time legal charge. The bigger long-term question is capex: Meta raised its 2026 capex guidance to $135–145 billion, and the quarter produced negative free cash flow.

What it means for the targets: we use adjusted EPS and assume 13% annual growth; rising depreciation from AI data centres will hold earnings growth below revenue growth.

4. Meta Share Price in 2026: Where It Stands

With only weeks left in 2026, a year-end "target" is not meaningful. The stock closed at $641.69 on 13 Nov 2026, within a 52-week range of $520.26 – $779.82. Meta guided Q4 2026 revenue of $73–76 billion.

5. Meta Share Price Target 2027: $555 – $1,145 (Base $840)

Based on FY2028 EPS of $36.97 / $42.01 / $45.81 (bear / base / bull). What to watch: revenue growth staying above 15% as AI improves ad performance.

6. Meta Share Price Target 2028: $590 – $1,350 (Base $950)

Based on FY2029 EPS of $39.18 / $47.47 / $54.06 (bear / base / bull). What to watch: 2027 capex guidance and how fast depreciation rises.

7. Meta Share Price Target 2029: $625 – $1,595 (Base $1,075)

Based on FY2030 EPS of $41.54 / $53.64 / $63.79 (bear / base / bull). What to watch: free cash flow returning to positive.

8. Meta Share Price Target 2030: $660 – $1,880 (Base $1,210)

Based on FY2031 EPS of $44.03 / $60.62 / $75.27 (bear / base / bull). What to watch: by 2030 small yearly differences compound into a wide range; revisit after each annual result.

9. Key Metrics

10. Risks That Would Break the Base Case

• Capex payback: if AI spending does not generate enough revenue, margins and free cash flow suffer for years.
• Regulation and legal: the $9.89B settlement shows legal costs can be large; EU and US rules on data and teens remain a risk.
• Advertising cycle: ad budgets are cut first in a recession.
• Competition: TikTok, YouTube and AI-native platforms compete for attention.

11. What the Numbers Suggest

Meta’s core advertising business is accelerating, and the stock trades at a reasonable multiple once the legal charge is excluded. The variable to track is the return on AI capex. If revenue growth stays in the mid-teens while depreciation is absorbed, the base case ($1,210 by 2030) is reasonable; if capex outruns revenue, expect the bear case.

This is a framework, not a recommendation. Your own decision should depend on your time horizon, risk tolerance and existing holdings.

12. FAQs on Meta Share Price

What is the Meta share price target for 2027?
Our base case is $840, assuming 13% annual EPS growth and a 20× P/E. The range is $555 (bear) to $1,145 (bull).

What is the Meta share price target for 2030?
Base case $1,210; range $660 to $1,880. It assumes FY2031 EPS of about $60.62.

What was Meta’s revenue in Q3 2026?
$64.6 billion, up 26% year on year.

Why did Meta’s profit fall in Q3 2026?
A one-time $9.89 billion legal charge related to an August 2026 agreement with US state attorneys general. Excluding it, EPS was $7.40.

How much is Meta spending on AI?
Capex guidance for 2026 is $135–145 billion, mostly for AI data centres.

What is Meta’s Q4 2026 guidance?
Revenue of $73–76 billion.