Meta Platforms, Inc. — October 23 earnings review
Each note as it was published, with the price that followed. We publish where price sits against its own levels, not where it is going, so nothing here is scored as right or wrong. Educational commentary, not investment advice.
12 notes, newest first, back to Sun, 4 Oct 2026.
Every level we marked, and what price did next. Free, Sundays.
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648.85 October 22 completed regular-session close
META closed October 22 at $648.85, below its 50-day average ($662.86) and above its 200-day average ($632.56). The October 22 high ($681.07) and low ($639.69) are dated reference levels. This is completed daily history, not an October 23 quote.
No session has closed since this was published.
676.98 October 22 recorded premarket observation
Recorded October 22 premarket $676.98 (-2.94% versus Wednesday close $697.52), below Wednesday low $689.68 and the 20-day average. The former low needs a reclaim, daily retest and close above; the 50- and 200-day averages remain underneath.
| After | Close | vs Thu, 22 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 642.62 | -0.96% | -5.08% |
This note was marked to a October 22 recorded premarket observation, not a close. The like-for-like column is the one measured from the Thu, 22 Oct 2026 close.
697.52 October 21 completed regular-session close; supporting graphic retains its stated historical or financial period
Quarterly financial results reported October 21; GAAP, issuer-adjusted measures, cash flows and forecasts retain their stated scopes.
| After | Close | vs Thu, 22 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 642.62 | — | -7.87% |
648.85 October 22 completed regular-session close
META: completed October 22 regular-session daily chart, close 648.85; 20-day SMA through October 22 723.10; 50-day SMA through October 22 662.86; 200-day SMA through October 22 632.56; October 21 intraday high 713.22; October 21 intraday low 689.68.
| After | Close | vs Thu, 22 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 642.62 | — | -0.96% |
707.82 October 21 regular-session observation / separate from daily candles
$META $707.82, above 50-day $659.49. 200-day $632.42. Oct 20 high/low $696.51/$681.05.
| After | Close | vs Wed, 21 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 648.85 | — | -8.33% |
This note was marked to a October 21 regular-session observation / separate from daily candles, not a close. The like-for-like column is the one measured from the Wed, 21 Oct 2026 close.
Completed regular close $697.52, +0.47% versus October 20. 20-day SMA $729.54; 50-day SMA $661.46; 200-day SMA $632.62. October 21 high $713.22, low $690.10.
| After | Close | vs Wed, 21 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 648.85 | — | — |
Separate recorded October 21 after-hours observation $718.00, +2.94% versus completed regular close $697.52. Provisional observation, not another daily candle or confirmed daily reclaim.
| After | Close | vs Wed, 21 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 648.85 | — | — |
Quarter ended September 30, 2026: revenue $64.60B (+26%); GAAP operating income $12.99B (-37%), including $9.89B legal charge; GAAP diluted EPS $3.83. Company illustration excluding legal charge gives EPS $7.40, distinct from reported GAAP. Quarterly operating cash flow $32.79B less capital spending including finance-lease principal $34.91B leaves non-GAAP FCF -$2.12B. Separately labeled Q4 revenue forecast $73.00-$76.00B and full-year capital-spending outlook $135.00-$145.00B.
| After | Close | vs Wed, 21 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 648.85 | — | — |
709.325 October 16 regular close
October 16 close $709.33 was above the 50-session SMA ($655.24) and above the 200-session SMA ($631.98). Earnings preview for October 19-23; historical levels do not bound an earnings gap.
| After | Close | vs Sat, 17 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 705.44 | — | -0.55% |
| 5 sessions | 642.62 | — | -9.40% |
736.72 October 15 regular close - October 16 written research
October 16 written research edition, using the completed October 15 close and moving averages. This chart is a distinct version from the morning premarket edition.
| After | Close | vs Fri, 16 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 705.44 | — | -4.25% |
| 5 sessions | 642.62 | — | -12.77% |
762.50 October 13 regular-session close
META gained 2.63% from the October 12 close to $762.50 at the October 13 regular-session close. Above the 50-day at $646.90 and above the 200-day at $631.00.
| After | Close | vs Tue, 13 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 737.54 | — | -3.27% |
| 5 sessions | 694.25 | — | -8.95% |
728.08 2 Oct close
Meta is the only one of these four trading above every daily average, and it stopped just under the 744.00 high of 29 January. What sits overhead is the September high, not a moving average.
| After | Close | vs Sun, 4 Oct 2026 close | vs published price |
|---|---|---|---|
| 1 session | 741.90 | — | +1.90% |
| 5 sessions | 718.67 | — | -1.29% |
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