NasdaqGS - Nasdaq Real Time Price USD

Meta Platforms, Inc. (META)

439.49 -1.89 (-0.43%)
As of 12:38 PM EDT. Market Open.
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DELL
  • Previous Close 441.38
  • Open 441.35
  • Bid 439.21 x 100
  • Ask 440.15 x 100
  • Day's Range 431.97 - 446.44
  • 52 Week Range 229.85 - 531.49
  • Volume 21,091,455
  • Avg. Volume 18,832,035
  • Market Cap (intraday) 1.115T
  • Beta (5Y Monthly) 1.18
  • PE Ratio (TTM) 25.27
  • EPS (TTM) 17.39
  • Earnings Date Jul 24, 2024 - Jul 29, 2024
  • Forward Dividend & Yield 2.00 (0.45%)
  • Ex-Dividend Date Feb 21, 2024
  • 1y Target Est 517.40

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

investor.fb.com

69,329

Full Time Employees

December 31

Fiscal Year Ends

Recent News: META

Related Videos: META

Microsoft, Alphabet earnings show AI is more than just hype

Both Alphabet (GOOG, GOOGL) and Microsoft (MSFT) posted quarterly results that topped Wall Street estimates. The big takeaway from both reports? That generative artificial intelligence is here and companies are spending on it, says both Baird Technology Desk Sector Strategist Ted Mortonson and RBC Capital Markets Software Equity Analyst Rishi Jaluria. "The commentary out of both Google and Microsoft, I think, tells us that there is real demand for AI... there's actual money being put behind this. It's not just hype. It's not just people talking about it. There's actual capital being put to work," Jaluria tells Yahoo Finance's Morning Brief. Mortonson agrees. "We are going through, really, a generational infrastructure build," Mortonson says, adding that both Microsoft and Alphabet have an "advantage" because their "data center footprint already exists." Jaluria notes that investors "will be patient" with Microsoft's big spending on infrastructure as long as the company's AI-related businesses continue to show growth. As to why investors were less happy about Meta's (META) AI spending, Mortonson thinks it may come down to "a game of positioning." "Meta was extremely crowded going into the print. There's some people that, quite frankly, didn't like some of the unprofitable spend," Mortonson says. He believes that Meta is "very attractive" given how hard the stock was hit by its results, but the Microsoft does have a "huge advantage" due to its enterprise business. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.

Performance Overview: META

Trailing total returns as of 4/26/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

META
24.30%
S&P 500
7.07%

1-Year Return

META
111.98%
S&P 500
25.43%

3-Year Return

META
46.10%
S&P 500
22.17%

5-Year Return

META
127.65%
S&P 500
74.53%

Compare To: META

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: META

Valuation Measures

Annual
As of 4/26/2024
  • Market Cap

    1.12T

  • Enterprise Value

    1.10T

  • Trailing P/E

    25.40

  • Forward P/E

    21.88

  • PEG Ratio (5yr expected)

    1.00

  • Price/Sales (ttm)

    8.15

  • Price/Book (mrq)

    7.49

  • Enterprise Value/Revenue

    8.15

  • Enterprise Value/EBITDA

    18.61

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    32.06%

  • Return on Assets (ttm)

    17.43%

  • Return on Equity (ttm)

    33.36%

  • Revenue (ttm)

    142.71B

  • Net Income Avi to Common (ttm)

    45.76B

  • Diluted EPS (ttm)

    17.39

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    58.12B

  • Total Debt/Equity (mrq)

    25.17%

  • Levered Free Cash Flow (ttm)

    35.41B

Research Analysis: META

Analyst Price Targets

260.00 Low
517.40 Average
439.49 Current
593.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: META

Fair Value

439.49 Current
 

Dividend Score

0 Low
META
Sector Avg.
100 High
 

Hiring Score

0 Low
META
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
META
Sector Avg.
100 High
 

Research Reports: META

  • Market Digest: HAS, IBM, LAZ, SPGI, ODFL, RCL, META

    U.S. stocks sold off on Thursday morning following economic data that led investors to believe that the first interest rate cut will likely be in September. However, stocks recovered some of their losses by market close, while bond yields rose. On the housing front, pending home sales grew 3.4% in March according to the National Association of Realtors, ahead of estimates for sales to remain flat sequentially. The Dow was down 1.0%, the S&P 500 fell 0.5% and the Nasdaq lost 0.6%. Crude oil is trading above $83 per barrel and gold is up $1 to $2343 per ounce.

     
  • Analyst Report: Meta Platforms Inc

    Meta Platforms operates the world's largest family of social networking websites, including the flagship Facebook site, Instagram, Facebook Messenger, WhatsApp, Reels and Threads. The sites enable users to communicate with friends and family by posting to the site; commenting on others' posts; sharing photographs, website links, and videos; and messaging and playing games. The company also partners with application developers to add functionality to the sites, and allows users to pay for virtual goods and services through its Payments function. Meta derives about 55% of its revenue from outside the U.S. and Canada. Facebook/Meta went public on May 18, 2012. Meta Platforms changed its ticker from FB to META on June 9, 2022.

    Rating
    Price Target
     
  • Analyst Report: Meta Platforms, Inc.

    Meta is the world’s largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm’s total revenue, with more than 45% coming from the US and Canada and over 20% from Europe.

    Rating
    Price Target
     
  • Analyst Report: Meta Platforms, Inc.

    Meta is the world’s largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm’s ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm’s total revenue, with more than 45% coming from the US and Canada and over 20% from Europe.

    Rating
    Price Target
     

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