Berlin - Delayed Quote EUR

Meta Platforms Inc (FB2A.BE)

461.75 +4.60 (+1.01%)
As of 6:24 PM GMT+2. Market Open.
Loading Chart for FB2A.BE
DELL
  • Previous Close 457.15
  • Open 453.15
  • Bid 460.55 x --
  • Ask 461.65 x --
  • Day's Range 453.15 - 461.80
  • 52 Week Range 189.16 - 489.95
  • Volume 5
  • Avg. Volume 45
  • Market Cap (intraday) --
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) --
  • Earnings Date Apr 24, 2024
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est --

Recent News: FB2A.BE

Related Videos: FB2A.BE

AI won't have 'huge' effect on Big Tech earnings: Strategist

This week will see a flurry of earnings reports from prominent Big Tech names, including Meta (META), Alphabet (GOOG, GOOGL), and Microsoft (MSFT). Synovus Trust Senior Portfolio Manager Dan Morgan and Creative Strategies CEO and Principal Strategist Ben Bajarin joined Market Domination to discuss the potential impact of artificial intelligence on Big Tech earnings. Bajarin highlights two main concerns: "Who's getting the most beneficiary lift from AI stocks?" and "Do we have outsized expectations of AI growth?" However, he believes tech earnings will see strong growth due to AI infrastructure investments. Bajarin expresses worry about potential volatility stemming from "the bubble-ish cycle of AI." He also notes that costs associated with AI innovation could be a factor affecting earnings. Morgan emphasizes that if investors look beyond the AI hype, Big Tech is "looking at very strong growth" across the core business models. While companies like AMD (AMD) and Nvidia (NVDA) do have substantial profit growth fueled by AI, Morgan notes that for earnings from names like Microsoft and Meta there won't be "a huge AI effect, in terms of like 30% growth coming from AI, but their core businesses are very strong." He adds that if the Federal Reserve were to refrain from cutting rates and inflation remains elevated, these tech giants "are delivering growth regardless of what the Fed is doing." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

Performance Overview: FB2A.BE

Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FB2A.BE
42.55%
S&P 500
6.29%

1-Year Return

FB2A.BE
139.28%
S&P 500
22.65%

3-Year Return

FB2A.BE
85.28%
S&P 500
22.61%

5-Year Return

FB2A.BE
192.10%
S&P 500
74.34%

Compare To: FB2A.BE

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

Statistics: FB2A.BE

Valuation Measures

Annual
As of 4/23/2024
  • Market Cap

    1.15T

  • Enterprise Value

    1.12T

  • Trailing P/E

    32.76

  • Forward P/E

    24.15

  • PEG Ratio (5yr expected)

    1.10

  • Price/Sales (ttm)

    9.49

  • Price/Book (mrq)

    8.07

  • Enterprise Value/Revenue

    8.30

  • Enterprise Value/EBITDA

    18.97

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    --

  • Return on Assets (ttm)

    --

  • Return on Equity (ttm)

    --

  • Revenue (ttm)

    --

  • Net Income Avi to Common (ttm)

    --

  • Diluted EPS (ttm)

    --

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    --

  • Total Debt/Equity (mrq)

    --

  • Levered Free Cash Flow (ttm)

    --

Company Insights: FB2A.BE

People Also Watch