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META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
Followed 705 TimesTop FollowedTop-Rated StocksTop-RatedMost-Upgraded StocksMost-UpgradedSearched 819 TimesTop Searched
NASDAQ:META

Meta Platforms (META) Stock Price, News & Analysis

$470.00
+0.41 (+0.09%)
(As of 02/8/2024 ET)
Compare
Today's Range
$465.03
▼
$470.59
50-Day Range
$317.45
▼
$474.99
52-Week Range
$167.66
▼
$485.96
Volume
18.80 million shs
Average Volume
20.96 million shs
Market Capitalization
$1.21 trillion
P/E Ratio
31.54
Dividend Yield
N/A
Price Target
$491.03
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

Meta Platforms MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
4.5% Upside
$491.03 Price Target
Short Interest
Healthy
1.22% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of Meta Platforms in the last 14 days
Based on 175 Articles This Week
Insider Trading
Selling Shares
$335.94 M Sold Last Quarter
Proj. Earnings Growth
15.51%
From $19.41 to $22.42 Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.88 out of 5 stars

Computer And Technology Sector

163rd out of 577 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

10th out of 55 stocks

See Top Rated MarketRank™ Stocks Here

META stock logo

About Meta Platforms Stock (NASDAQ:META)

Meta Platforms, Inc. is a US-based multinational technology company and 1 of the Big 5 US tech companies. It is a member of the FAANG group holding the first position with its original name, Facebook.

Meta Platforms, Inc life began in 2004 as a digital “face book” for Harvard students. The company was founded by Mark Zuckerburg and a group of friends but now only Zuckerburg remains. The company quickly grew and expanded into other universities and then opened itself to the public in 2006. As of 2006, anyone over the age of 13 can be a Facebook user which is the company’s primary source of income. As of 2022, the company claimed more than 2.9 billion monthly active Facebook users.

Facebook, Inc filed for its IPO on January 1st 2012. The prospectus stated the company was seeking to raise $5 billion but it got so much more. The day before the IPO execs announced it would sell 25% more stock than it had previously stated because of the high demand. The company wound up raising more than $16 billion making it the 3rd largest IPO in history at the time.

The massive IPO valuation earned Facebook a spot in the S&P 500 in the first year of its public life. Although its valuation has deteriorated in the wake of scandal and consumer trends within social media, early investors were treated to gains in excess of 1000% at the peak of the stock run. Mark Zuckerburg retained 22% ownership in the company following the IPO, and 57% of the voting rights. As of 2022, those holdings were down to about 14% of the company and 54% of the voting rights.

Over the years, Facebook acquired a large number of apps and other businesses that include but are not limited to Instagram and WhatsApp. The company changed its name to Meta Platforms DBA Meta in 2021 to reflect its business and mission better. The new name describes the metaverse and refers to the seamless social interaction provided by Meta’s social media application universe.

Today, Meta develops digital applications that allow people to connect with family, friends, businesses, and merchants through Internet connections. Applications are available for mobile, PC, VR, and smart homes.

The company’s primary operating segment is the Family of Apps. The family of Apps includes Facebook and all the other digital applications. This segment produces virtually all of the revenue which is in turn 97% advertising oriented. The other operating segment is Reality Labs. Reality Labs develops and markets a line of virtual and augmented-reality products.

META Stock Price History

META Stock News Headlines

February 8, 2024 | marketbeat.com
Google, Facebook take bigger share of ad spending, but economic slowdown could hurt growth
Weak results from Google, Snap and other big sellers of online ads are raising concerns that Wall Street’s optimistic growth forecasts are setting investors up for rude surprise this year
February 6, 2024 | marketbeat.com
Meta says it will label AI-generated images on Facebook and Instagram
Facebook and Instagram users will start seeing made-by-AI labels on deepfake images that appear on their social media feeds, part of a broader tech industry initiative to sort between what’s real and not
February 8, 2024 | Stansberry Research (Ad)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
February 2, 2024 | marketbeat.com
Magnificent Meta Platforms stock will double in value
Meta Platforms matured from a tech start-up growth company to a mature, dividend-paying tech leader with a robust outlook.
January 28, 2024 | marketbeat.com
US aid office in Colombia reports its Facebook page was hacked
The Colombia office of the U.S. government agency that oversees foreign aid and development funding says its Facebook page was hacked
January 23, 2024 | marketbeat.com
Collision of gas truck and car in Mongolian capital kills at least 6 and injures 11
A truck carrying 60 tons of liquified natural gas and a car collided at an intersection in the Mongolian capital, causing an explosion that killed at least six people and injured 11
January 18, 2024 | marketbeat.com
Sheryl Sandberg, who helped to turn Facebook into digital advertising empire, to leave company board
Sheryl Sandberg, who helped to transform Facebook from a tech startup into a digital advertising empire, will step down from the board of Meta, Facebook’s parent company
January 9, 2024 | marketbeat.com
Meta to hide posts about suicide, eating disorders from teens' Instagram and Facebook feeds
Meta says it will start hiding inappropriate content from teenagers’ accounts on Instagram and Facebook
February 8, 2024 | Stansberry Research (Ad)
US banks adopt radical new technology (growing 24,290%)
A century and a half ago, Western Union launched the first electronic wire transfers&... and became one of the first stock market giants in American history. Now, major US banks are adopting a similarly new and powerful technology.
February 8, 2024 | msn.com
Meta removes Instagram, Facebook accounts of Iran's Khamenei
February 8, 2024 | msn.com
Meta boots Iran despot Ali Khamenei from Facebook, Instagram after calls to ‘wipe Israel off map’
February 8, 2024 | ft.com
‘Enshittification’ is coming for absolutely everything
February 8, 2024 | finance.yahoo.com
Meta Platforms and Albemarle have been highlighted as Zacks Bull and Bear of the Day
February 8, 2024 | bloomberg.com
TikTok, Meta Sue EU Over Fees Owed Under Content Moderation Law
February 8, 2024 | americanbankingnews.com
Meta Platforms, Inc. (NASDAQ:META) Receives $491.03 Average Target Price from Analysts
February 8, 2024 | americanbankingnews.com
Meta Platforms Sees Unusually High Options Volume (NASDAQ:META)
February 7, 2024 | seekingalpha.com
Meta Platforms Q4: Bullish Case Getting Weaker, Business Still Great
February 7, 2024 | finance.yahoo.com
Here's Why Meta Platforms (META) is a Strong Growth Stock
February 7, 2024 | msn.com
Meta accused of not taking Facebook Marketplace fraud seriously
February 7, 2024 | msn.com
Meta introduces AI image detector to tackle fake content on Facebook and Instagram
February 7, 2024 | finance.yahoo.com
The two most important factors seen in tech earnings
February 7, 2024 | fool.com
If You'd Invested $10,000 in Meta Platforms Stock in 2014, This Is How Much You Would Have Today
February 7, 2024 | msn.com
Why Meta Platforms' New Dividend Is a Bigger Deal Than You Think
February 7, 2024 | finance.yahoo.com
Meta Has Joined the Dividend Club. Are Its Best Days Behind It?
February 7, 2024 | finance.yahoo.com
Snap Doesn’t Get Its Meta-Moment
February 7, 2024 | americanbankingnews.com
Meta Platforms (NASDAQ:META) Sees Large Volume Increase Following Analyst Upgrade
February 7, 2024 | msn.com
Meta plans to ramp up labeling of AI-generated images across its platforms
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
2/08/2024
Ex-Dividend for 3/26 Dividend
2/21/2024
Dividend Payable
3/26/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Computer and Technology
Industry
Computer programming, data processing, & other computer related
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:META
Previous Symbol
NASDAQ:FB
CUSIP
30303M10
CIK
1326801
Web
www.facebook.com
Phone
(650) 543-4800
Fax
N/A
Employees
86,482
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$491.03
High Stock Price Target
$575.00
Low Stock Price Target
$280.00
Potential Upside/Downside
+4.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
46 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$14.90
Trailing P/E Ratio
31.54
Forward P/E Ratio
24.21
P/E Growth
1.2
Net Income
$39.10 billion
Net Margins
28.98%
Pretax Margin
35.16%
Return on Equity
29.48%
Return on Assets
19.54%

Debt

Debt-to-Equity Ratio
0.12
Current Ratio
2.67
Quick Ratio
2.57

Sales & Book Value

Annual Sales
$134.90 billion
Price / Sales
8.95
Cash Flow
$20.22 per share
Price / Cash Flow
23.24
Book Value
$59.60 per share
Price / Book
7.89

Miscellaneous

Outstanding Shares
2,569,860,000
Free Float
2,216,507,000
Market Cap
$1.21 trillion
Optionable
Optionable
Beta
1.15

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover
Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

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META Stock Analysis - Frequently Asked Questions

Should I buy or sell Meta Platforms stock right now?

46 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last twelve months. There are currently 2 sell ratings, 2 hold ratings, 40 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" META shares.
View META analyst ratings or view top-rated stocks.

What is Meta Platforms' stock price target for 2024?

46 Wall Street analysts have issued 1-year price objectives for Meta Platforms' stock. Their META share price targets range from $280.00 to $575.00. On average, they anticipate the company's share price to reach $491.03 in the next twelve months. This suggests a possible upside of 4.5% from the stock's current price.
View analysts price targets for META or view top-rated stocks among Wall Street analysts.

How have META shares performed in 2024?

Meta Platforms' stock was trading at $353.96 on January 1st, 2024. Since then, META shares have increased by 32.8% and is now trading at $470.00.
View the best growth stocks for 2024 here.

When is Meta Platforms' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our META earnings forecast.

How were Meta Platforms' earnings last quarter?

Meta Platforms, Inc. (NASDAQ:META) released its quarterly earnings data on Thursday, February, 1st. The social networking company reported $5.33 EPS for the quarter, beating analysts' consensus estimates of $4.82 by $0.51. The social networking company had revenue of $40.11 billion for the quarter, compared to analyst estimates of $39.12 billion. Meta Platforms had a net margin of 28.98% and a trailing twelve-month return on equity of 29.48%. The firm's revenue was up 24.7% on a year-over-year basis. During the same period in the prior year, the company posted $3.00 earnings per share.

How often does Meta Platforms pay dividends? What is the dividend yield for Meta Platforms?

Meta Platforms declared a quarterly dividend on Thursday, February 1st. Investors of record on Thursday, February 22nd will be given a dividend of $0.50 per share on Tuesday, March 26th. This represents a $2.00 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date is Wednesday, February 21st.
Read our dividend analysis for META.

What ETFs hold Meta Platforms' stock?

ETFs with the largest weight of Meta Platforms (NASDAQ:META) stock in their portfolio include Communication Services Select Sector SPDR Fund (XLC), Fidelity MSCI Communication Services Index ETF (FCOM), Vanguard Communication Services ETF (VOX), iShares Global Comm Services ETF (IXP), ProShares Ultra Communication Services (LTL), Global X Social Media Index ETF (SOCL), Davis Select U.S. Equity ETF (DUSA) and Roundhill Magnificent Seven ETF (BIGT).

What guidance has Meta Platforms issued on next quarter's earnings?

Meta Platforms issued an update on its first quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $34.5 billion-$37.0 billion, compared to the consensus revenue estimate of $33.8 billion.

Who are Meta Platforms' major shareholders?

Meta Platforms' stock is owned by a number of retail and institutional investors. Top institutional investors include Charles Schwab Investment Management Inc. (0.52%), Jennison Associates LLC (0.43%), Massachusetts Financial Services Co. MA (0.36%), Dimensional Fund Advisors LP (0.34%), Concentrum Wealth Management (0.29%) and Swiss National Bank (0.27%). Insiders that own company stock include Andrew Bosworth, David B Fischer, David B Fischer, David M Wehner, David M Wehner, David M Wehner, Javier Olivan, Jennifer Newstead, Mark Zuckerberg, Mark Zuckerberg, Marne L Levine, Nicholas Clegg, Susan J Li and Susan JS Taylor.
View institutional ownership trends.

How do I buy shares of Meta Platforms?

Shares of META stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Meta Platforms have any subsidiaries?
The following companies are subsidiares of Meta Platforms: Acrylic Software, Andale, Andale Inc., Atlas Solutions Advertiser Suite, Beat Games, Beluga, Biblbobl, Bloomsbury AI, Bolt | Peters, Branch, CTRL-labs, Cassin Networks ApS, Chai Labs, Confirm.io, CrowdTangle, Daytum, Digital Staircase, Divvyshot, Dreambit, Edge Network Services, Edge Network Services Limited, Endaga, Eyegroove, FCL Tech, FCL Tech Limited, Face.com, Facebook International Operations, Facebook International Operations Limited, Facebook Ireland Holdings Unlimited, Facebook Ireland Limited, Facebook Ireland Limited, Facebook Operations, Facebook Operations LLC, Facebook Sweden Holdings, Facebook Sweden Holdings AB, Facebook Technologies LLC, FacioMetrics, Fayteq AG, Friend.ly, FriendFeed, GIPHY, GazeHawk, Glancee, Global Holdings I Inc, Global Holdings I Inc., Global Holdings I LLC, Global Holdings I LLC, Global Holdings II LLC, Global Holdings II LLC, Gowalla, Greater Kudu, Greater Kudu LLC, GrokStyle, Hot Potato, Instagram, Instagram LLC, Jibbigo, KUSU PTE, KUSU PTE. Ltd., Karma, Kustomer, Lemnis Technologies, Lightbox, Little Eye Labs, LiveRail, Malkoha PTE Ltd., Mapillary, Monoidics, Morning Hornet LLC, Nextstop, Octazen Solutions, Oculus, Onavo, Osmeta, Ozlo, Packagd, Parakey, Parse, Parse LLC, Pieceable, Pinnacle Sweden, Pinnacle Sweden AB, PlayGiga, PrivateCore, ProtoGeo, Pryte, Pursuit, Push Pop Press, QuickFire Networks, Raven Northbrook LLC, RedKix, Runways Information Services, Runways Information Services Ltd, Sanzaru Games Inc, Scape Technologies, Scout Development LLC, Sendoid, Servicefriend, ShareGrove, Siculus, Siculus Inc., Sidecat LLC, Snaptu, Sofa, Source3, Spaceport.io, Spool, SportStream, Stadion LLC, Starbelt LLC, Storylane, Strobe, TBH, Tagtile, Teehan+Lax, TheFind Inc., Two Big Ears Ltd, Vidpresso, Vitesse, Vitesse LLC, WhatsApp, WhoGlue, Winner, Winner LLC, Wit.ai, Zenbe, and drop.io.
Read More
This page (NASDAQ:META) was last updated on 2/8/2024 by MarketBeat.com Staff

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