Quick Read
-
Meta’s $25 billion stock sale drew roughly $125 billion in orders but shares closed below the $625 offering price and fell further the next day.
-
NVIDIA committed $3 billion and AMD committed $1 billion to Meta’s offering, with both acting as suppliers recycling cash into a major buyer of their hardware.
-
Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Meta didn’t make the cut. Enter your email to see the names that beat META. The report is free. Enter your email and see if any of your stocks made the cut.
Large investors put in orders for about five times the stock Meta Platforms (NASDAQ:META) had for sale, then watched the shares close below the price they paid.
Meta priced 40,000,000 Class A shares at $625 on October 26, 2026, raising $25.0 billion, up from the $22.5 billion planned at launch. People familiar with the deal said orders came to about five times the shares offered, meaning about $125 billion of demand by our calculation.
The price sat 0.9% below the $630.56 last sale on October 26. On October 27, Meta fell 1.64% to $620.19 and traded at $619.59 after hours.
NVIDIA (NASDAQ:NVDA), which committed $3 billion, rose 0.90% to $217.94. AMD (NASDAQ:AMD), which committed $1 billion, rose 5.45% to $560.26.
What Meta Locked In Versus What It Only Planned
The common shares were sold through forward sale agreements, so Meta has not collected any cash yet. It expects about $24.9 billion in net proceeds, or $28.7 billion with the full 6,000,000-share underwriter option, when the forwards settle by November 19, 2027.
Meta also sold 250,000,000 depository shares at $50 each, or $12.5 billion, bringing the underwritten total to $37.5 billion. Each is a 1/20th interest in its 6.50% Series A Mandatory Convertible Preferred Stock.
Holders collect that fixed dividend and take stock-like losses below the $625 initial price. They forgo gains up to the $734.2144 threshold, a 17.5% premium, before converting in 2029.
——
Free Report, Just Released
Why Didn’t META Make The Top 10 List?
24/7 Wall St has helped investors make money for over two decades, and our top analysts just finished ranking the definitive Top 10 Stocks To Buy Now. Not the ten biggest companies. Not the ten everyone is arguing about. The ten best stocks to buy right now.
And META didn’t make the cut!
The report is free, and you can see why we think each stock is a top investment today.
Enter Your Email and See the Ten →
——
A $60 billion at-the-market program, which would gradually sell nonvoting Class C shares, remains intent only. Meta has no agreement for it and does not expect it to start before the first quarter of 2027.
