META vs Tesla earnings setup ahead of Q3 2026 results

On Wednesday, October 21, 2026, META and Tesla will release their respective quarterly earnings reports, with the market reaction occurring in the following session. Both companies have seen significant growth in recent years, as evidenced by their current market capitalizations of approximately $1.76T for META and $1.48T for Tesla.

META's price is currently trading at $690.57, with an estimated EPS of $6.58 and revenue forecasted at $63.34 billion. The stock has a beta of 1.18, indicating it is slightly more volatile than the market average. On the other hand, Tesla's price is at $374.28, with an estimated EPS of $0.45 and revenue projected at $27.92 billion. Tesla's beta is higher at 1.92, suggesting higher volatility.

Technical analysis suggests that META's price has recently fallen back toward a key support level, while Tesla's price has been oscillating between the 50-day SMA of $659.42 and the 20-day EMA of $715.54. The Oct 16 gap-down area acts as a supply band for both stocks. While the trades appear to be non-directional, both META and Tesla present trading opportunities in the Thursday session following the earnings releases.