Meta Platforms, Inc. stock drops 11% after-hours as Q2 profit misses expectations

Meta Platforms, Inc. stock slumped sharply after a Q2 earnings miss and soft Q3 revenue outlook. The after-hours selloff compounds a deteriorating technical picture. With the daily chart neutral but weakening — and shorter timeframes locked in bearish regimes — the path of least resistance for META leans lower.

Key takeaways

• Meta missed EPS expectations in Q2 2026, with profit declining despite a revenue beat.
• The company guided Q3 revenue to a midpoint of $62.5 billion, below the $63.24 billion analyst consensus.
• META stock tumbled approximately 11% in after-hours trading following the earnings release.
• On the daily chart, price closed at $585.61, trading below the EMA20, EMA50, and EMA200.
• The daily MACD histogram sits at -7.76, confirming accelerating selling momentum.

Earnings Pressure Defines the Fundamental Backdrop

Meta Platforms, Inc. stock came under heavy fundamental pressure after missing Q2 2026 EPS expectations and issuing soft Q3 revenue guidance. The profit decline occurred even as revenue beat Wall Street’s targets. Legal expenses and severance costs from recent layoffs weighed heavily on the bottom line.

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