Meta Platforms approves Class C shares for Meta Platforms stock

Meta Platforms (US30303M1027) traded at EUR 566.90 at Lang & Schwarz on October 27, 2026 at 12:08 p.m. CEST as the company advanced a new Class C share structure. In its release dated October 21, 2026, Meta Platforms said the new non-voting class would become effective on January 19, 2027.

Class C shares reshape funding plans

The board said the new class could support capital raising, employee compensation, acquisitions and other corporate purposes as Meta expands its artificial intelligence infrastructure. The same release said Class A shares would continue trading on Nasdaq and that the Class C shares were intended to qualify for Nasdaq listing after issuance.

The planned structure includes a one-time stock dividend of one Class C share for each outstanding Class A and Class B share, subject to the effectiveness of the amended charter. Meta said the transaction should create a two-for-one effect in the market price of Class A shares, while voting power would remain unchanged.

What did the third quarter show?

Meta reported third-quarter 2026 revenue of USD 64.60 billion, up 26 percent from USD 51.24 billion in the third quarter of 2025. GAAP net income reached USD 9.86 billion, compared with USD 2.71 billion a year earlier, while diluted earnings per share were USD 3.83 versus USD 1.05. The figures include a USD 9.89 billion charge tied to an agreement with U.S. state attorneys general, according to Meta Platforms.

Three dates explain the reaction

On October 21, 2026, Meta reported USD 64.60 billion in third-quarter revenue and issued fourth-quarter revenue guidance of USD 73 billion to USD 76 billion. On October 22, 2026, Citigroup raised its price target from USD 895.00 to USD 905.00 and kept a Buy rating, as reported by MarketBeat. On October 26, 2026, Meta's proposed stock offering was reported at up to USD 95 billion as a possible funding route for its artificial intelligence expansion, also according to MarketBeat.

Which dates come next?

The Class C structure has an effective date of January 19, 2027. Meta's next quarterly earnings date was listed as February 3, 2027, on an explicitly marked tentative basis by Investing.com.

Funding flexibility meets execution risk

Meta's third-quarter operating margin was 20 percent, down from 40 percent in the third quarter of 2025, while capital expenditures reached USD 34.91 billion. The new share structure therefore links a financing decision with a cost-intensive AI buildout and a quarter in which operating cash flow was USD 32.79 billion but free cash flow was negative USD 2.12 billion.

Meta Platforms had a market capitalization of USD 1.6 trillion as of October 27, 2026. Its primary Nasdaq listing showed a 52-week range of USD 520.26 to USD 779.82 in the latest finance snapshot, placing the current U.S. quote below the yearly high while the euro quotation remains the reference for German investors.

Stock price and capital structure

The company is balancing a January 2027 share-class change against USD 135 billion to USD 145 billion of planned 2026 capital expenditures and a USD 73 billion to USD 76 billion fourth-quarter revenue outlook. The further course of trading is shown by the continuously updated real-time quote of Meta Platforms stock.

Market context: Market report S&P 500.

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