META
Meta Platforms, Inc.
META has a slight edge over PERI overall, supported by stronger valuation and stronger modeled upside.
PERI
Perion Network Ltd.
PERI's outlook is improving, though it still trails on the overall score.
META Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Healthy |
META's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
PERI Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Healthy | |
| Strong |
PERI's cash flow and balance sheet are currently healthy, and its revenue is stable, but its profitability is under pressure.
META PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $624 | — |
| Cheap | 21x | $613 | -1.7% |
| Current | 21x | $624 | — |
| Fair | 27x | $803 | +29% |
| Expensive | 32x | $934 | +50% |
Historical ranges are pointers, not guarantees.
META's PE is in its cheap range at 21x. If earnings grow as analysts expect, today's price would be 19x next year's earnings.
PERI PE Valuation
PERI has no meaningful PE right now: it lost money over the past year.
META Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Strong growth | |
| Strongly weakening | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for META, but weaker profitability. However, they disagree widely on these estimates.
PERI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
PERI has the edge over META on the outlook, with more favorable profitability expectations.
META Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $32.16 | +9.7% |
| Q3 2026 | $29.32 | +30% |
| Q2 2026 | $26.54 | -3.7% |
| Q1 2026 | $27.50 | +7.5% |
| Q4 2025 | $23.49 | -1.6% |
| Q3 2025 | $22.58 | +6.5% |
| Q2 2025 | $27.56 | +41% |
| Q1 2025 | $25.58 | +47% |
| Q4 2024 | $23.86 | +60% |
META has the edge over PERI on earnings quality, reporting a profit while its opponent remains loss making.
PERI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.39 | — |
| Q2 2026 | -$0.35 | -$0.23 |
| Q1 2026 | -$0.25 | -$0.08 |
| Q4 2025 | -$0.18 | -169% |
| Q3 2025 | -$0.26 | -128% |
| Q2 2025 | -$0.12 | -108% |
| Q1 2025 | -$0.17 | -108% |
| Q4 2024 | $0.26 | -89% |
| Q3 2024 | $0.93 | -60% |
PERI lost $0.35 per share over the past year, a bigger loss than the year before.
META Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $64.6B | +26% |
| Q2 2026 | $60.8B | +28% |
| Q1 2026 | $56.3B | +33% |
| Q4 2025 | $59.9B | +24% |
| Q3 2025 | $51.2B | +26% |
| Q2 2025 | $47.5B | +22% |
| Q1 2025 | $42.3B | +16% |
| Q4 2024 | $48.4B | +21% |
META has the edge over PERI on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | -20 points |
| Q2 2026 | 31% | -12 points |
| Q1 2026 | 41% | -0.9 points |
| Q4 2025 | 41% | -7 points |
| Q3 2025 | 40% | -2.7 points |
| Q2 2025 | 43% | +5 points |
| Q1 2025 | 41% | +3.6 points |
| Q4 2024 | 48% | +7.4 points |
META has the edge over PERI on profitability, with a higher operating margin.
PERI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $98.2M | -4.6% |
| Q1 2026 | $90.4M | +1.2% |
| Q4 2025 | $137.1M | +5.8% |
| Q3 2025 | $110.5M | +8.1% |
| Q2 2025 | $103M | -5.3% |
| Q1 2025 | $89.3M | -43% |
| Q4 2024 | $129.6M | -45% |
| Q3 2024 | $102.2M | -45% |
PERI's revenue fell from its 2023 peak and has held roughly level since: $98M last quarter, down 4.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -7.6% | -0.5 points |
| Q1 2026 | -17% | -2.3 points |
| Q4 2025 | 7.6% | +4.4 points |
| Q3 2025 | -4.5% | -1.7 points |
| Q2 2025 | -7.2% | +4.7 points |
| Q1 2025 | -15% | -20 points |
| Q4 2024 | 3.2% | -14 points |
| Q3 2024 | -2.8% | -20 points |
PERI's operating margin was −7.6% last quarter, about level with the same quarter a year ago.
META Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$1.2B | -110% |
| Q2 2026 | $1.7B | -81% |
| Q1 2026 | $13.2B | +19% |
| Q4 2025 | $14.8B | +9.3% |
| Q3 2025 | $11.2B | -32% |
| Q2 2025 | $9B | -19% |
| Q1 2025 | $11.1B | -14% |
| Q4 2024 | $13.6B | +16% |
META usually generates cash, though not every quarter: the latest was −$1.2B, but it generated $28.6B over the past year.
PERI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $2.6M | -87% |
| Q1 2026 | $4.3M | +$13M |
| Q4 2025 | $23M | +685% |
| Q3 2025 | $5.2M | -56% |
| Q2 2025 | $19.8M | +$41M |
| Q1 2025 | -$8.7M | -235% |
| Q4 2024 | $2.9M | -94% |
| Q3 2024 | $11.9M | -70% |
PERI still generates free cash flow, though less than at its 2023 peak: $35M over the past year.
META Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +7M shares |
| 1 year | 0% | +1M shares |
| 3 years | -2.6% | -68M shares |
| 5 years | -10% | -286M shares |
| Available history | -11% | -303M shares |
META has 2.6B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $3.3B |
| Q2 2025 | $10.2B |
| Q1 2025 | $12.8B |
| Q4 2024 | — |
META hasn't bought back shares in the past year.
PERI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5.4% | -2.1M shares |
| 1 year | -12% | -5M shares |
| 3 years | -25% | -12.6M shares |
| 5 years | -0.3% | -94.6K shares |
| Available history | +38% | +10.1M shares |
PERI has the edge over META on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $25.8M |
| Q1 2026 | $24.1M |
| Q4 2025 | $26.1M |
| Q3 2025 | $7.5M |
| Q2 2025 | $33.3M |
| Q1 2025 | $6.5M |
| Q4 2024 | $13.4M |
| Q3 2024 | $13.5M |
PERI spent $83M buying back its own shares over the past year, up 25% from the year before.
META Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.7x | Very low |
| Q2 2026 | 0.6x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.2x | Very low |
| Q3 2025 | 0.2x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.0x | Very low |
| Q4 2024 | -0.2x | Net Cash |
META's net debt is less than a year of its operating earnings (EBITDA).
PERI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -5.6x | Net Cash |
| Q1 2026 | -2.9x | Net Cash |
| Q4 2025 | -4.6x | Net Cash |
| Q3 2025 | -8.2x | Net Cash |
| Q2 2025 | -5.6x | Net Cash |
| Q1 2025 | -8.1x | Net Cash |
| Q4 2024 | -3.1x | Net Cash |
| Q3 2024 | -1.8x | Net Cash |
PERI has the edge over META on leverage, with a lower net debt burden relative to earnings.
META Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.2 | Neutral |
| Stochastic | 33.7 | Neutral |
META's weekly RSI is 48 (neutral) and its Stochastic is 34 (neutral).
PERI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 69.2 | Neutral |
| Stochastic | 71.6 | Neutral |
PERI's weekly RSI is 69 (neutral) and its Stochastic is 72 (neutral).
META PE vs Communication Services Sector
| Metric | META | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 16x | 29% above |
| PE % | 18 | 26 | 8 pts below |
META is trading at 21x earnings, a 29% premium to the Communication Services sector's median of 16x.
PERI PE vs Communication Services Sector
| Metric | PERI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
PERI has no meaningful PE right now: it lost money over the past year.
META Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $674.9 | 7.6% below |
| 20 week MA | $634.5 | 1.7% below |
| 50 week MA | $630.8 | 1.1% below |
| 100 week MA | $647.8 | 3.7% below |
| 200 week MA | $517.5 | 21% above |
META has fallen below most of its moving averages, though it's still 21% above its 200-week average.
PERI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.35 | 22% above |
| 20 week MA | $9.40 | 21% above |
| 50 week MA | $9.39 | 21% above |
| 100 week MA | $9.40 | 21% above |
| 200 week MA | $16.2 | 30% below |
PERI has the edge over META on trend strength, trading above more of its moving averages.
META Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $208.1 | $267.4 | +28% |
| 2021 | $267.4 | $335.2 | +25% |
| 2022 | $335.2 | $118.0 | -65% |
| 2023 | $118.0 | $354.0 | +200% |
| 2024 | $354.0 | $599.8 | +69% |
| 2025 | $599.8 | $663.3 | +11% |
| 2026 YTD | $663.3 | $623.6 | -6% |
META's yearly returns have swung widely, from +200% in 2023 to −65% in 2022. It's down 6% so far in 2026.
PERI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.25 | $13.8 | +121% |
| 2021 | $13.8 | $23.9 | +73% |
| 2022 | $23.9 | $24.8 | +3.8% |
| 2023 | $24.8 | $30.9 | +24% |
| 2024 | $30.9 | $8.45 | -73% |
| 2025 | $8.45 | $9.77 | +16% |
| 2026 YTD | $9.77 | $11.4 | +16% |
PERI has the edge over META on returns for 2026, with the stronger performance.