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Followed 731 Times  
NASDAQ:META

Meta Platforms - META Stock Forecast, Price & News

$147.91
-3.83 (-2.52%)
(As of 01/30/2023 03:20 PM ET)
Add
Compare
Today's Range
$146.95
▼
$151.12
50-Day Range
$108.78
▼
$151.74
52-Week Range
$88.09
▼
$328.00
Volume
21.01 million shs
Average Volume
26.94 million shs
Market Capitalization
$392.19 billion
P/E Ratio
14.10
Dividend Yield
N/A
Price Target
$170.53

Meta Platforms MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
14.4% Upside
$170.00 Price Target
Short Interest
Healthy
1.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.35mentions of Meta Platforms in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$4.55 M Sold Last Quarter
Proj. Earnings Growth
-11.28%
From $8.95 to $7.94 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.53 out of 5 stars

Computer And Technology Sector

120th out of 630 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

10th out of 64 stocks

See Top Rated MarketRank™ Stocks Here

META stock logo

About Meta Platforms (NASDAQ:META) Stock

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.

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META Stock News Headlines

January 29, 2023 | americanbankingnews.com
Brokerages Set Meta Platforms, Inc. (NASDAQ:META) Target Price at $172.40
January 28, 2023 | americanbankingnews.com
Meta Platforms, Inc. (NASDAQ:META) Insider Jennifer Newstead Sells 342 Shares of Stock
January 30, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 28, 2023 | americanbankingnews.com
Meta Platforms (NASDAQ:META) Price Target Raised to $180.00
January 27, 2023 | americanbankingnews.com
Meta Platforms (NASDAQ:META) Given New $136.00 Price Target at Piper Sandler
January 25, 2023 | seekingalpha.com
Meta bringing Trump back to Facebook, Instagram
January 22, 2023 | americanbankingnews.com
Meta Platforms (NASDAQ:META) Price Target Raised to $130.00
January 21, 2023 | americanbankingnews.com
Jennifer Newstead Sells 342 Shares of Meta Platforms, Inc. (NASDAQ:META) Stock
January 30, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 21, 2023 | americanbankingnews.com
Meta Platforms (NASDAQ:META) Price Target Increased to $155.00 by Analysts at MKM Partners
January 20, 2023 | markets.businessinsider.com
What 36 Analyst Ratings Have To Say About Meta Platforms
January 20, 2023 | seekingalpha.com
Microsoft, Meta, Google stand united to protect Section 230 at Supreme Court
January 19, 2023 | finance.yahoo.com
Should You Sell Meta Platforms (META) Now?
January 16, 2023 | markets.businessinsider.com
Why Meta Platforms Stock (NASDAQ:META) Won’t Recover This Year
January 13, 2023 | markets.businessinsider.com
META vs. SNAP: Why META Stock is Better
January 4, 2023 | benzinga.com
Meta and IRI to Provide Closed-Loop Shopper Marketing Solution Combining Instagram, Facebook and IRI's Ansa Measurement Solution
January 2, 2023 | msn.com
'Take the money and run': top calls on META in 2022
December 28, 2022 | msn.com
Check Out What Whales Are Doing With META
December 26, 2022 | markets.businessinsider.com
Meta Platforms (NASDAQ:META) is Unlikely to Rebound in 2023
December 23, 2022 | proactiveinvestors.com
Meta Platforms Inc. pays US$725mln to settle long-running privacy lawsuit
December 23, 2022 | seekingalpha.com
Meta Platforms rises as Facebook parent agrees to pay $725M Cambridge Analytica lawsuit
December 16, 2022 | seekingalpha.com
Meta Platforms upgraded by JP Morgan on 'increased discipline,' better sales outlook
December 8, 2022 | msn.com
Rhode Island Rep. James R. Langevin Sold Over $101K Worth of Meta Platforms Stock: Here's What You Should Know
December 7, 2022 | markets.businessinsider.com
Is Elon Musk Unwittingly Helping Mark Zuckerberg? Why This Meta Analyst Can See Stock Doubling Within Months
November 18, 2022 | finance.yahoo.com
Is Meta Platforms (META) an Attractive Investment Avenue?
November 16, 2022 | finance.yahoo.com
Meta Platforms, Inc.'s (NASDAQ:META) Share Price Is Matching Sentiment Around Its Earnings
November 15, 2022 | msn.com
Looking At Meta Platforms's Recent Unusual Options Activity
See More Headlines
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META Company Calendar

Last Earnings
10/24/2021
Today
1/30/2023
Next Earnings (Confirmed)
2/01/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer programming, data processing, & other computer related
Sub-Industry
Internet Software & Services
Sector
Computer and Technology
Current Symbol
NASDAQ:META
Previous Symbol
NASDAQ:FB
CUSIP
30303M10
CIK
1326801
Web
www.facebook.com
Phone
(650) 543-4800
Fax
N/A
Employees
71,970
Year Founded
2004

Price Target and Rating

Average Stock Price Forecast
$170.00
High Stock Price Forecast
$375.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+15.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
51 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$10.49
Trailing P/E Ratio
14.10
Forward P/E Ratio
16.53
P/E Growth
2.35
Net Income
$39.37 billion
Net Margins
24.41%
Pretax Margin
29.95%
Return on Equity
23.16%
Return on Assets
16.99%

Debt

Debt-to-Equity Ratio
0.08
Current Ratio
2.57
Quick Ratio
2.57

Sales & Book Value

Annual Sales
$118.12 billion
Price / Sales
3.32
Cash Flow
$16.94 per share
Price / Cash Flow
8.73
Book Value
$45.88 per share
Price / Book
3.22

Miscellaneous

Outstanding Shares
2,651,549,000
Free Float
2,279,537,000
Market Cap
$392.19 billion
Optionable
Optionable
Beta
1.17

Social Links


Key Executives

  • Mr. Mark Elliot ZuckerbergMr. Mark Elliot Zuckerberg (Age 39)
    Founder, Chairman & CEO
    Comp: $26.82M
  • Mr. Christopher K. CoxMr. Christopher K. Cox (Age 40)
    Chief Product Officer
    Comp: $6.91M
  • Mr. David M. WehnerMr. David M. Wehner (Age 54)
    Chief Strategy Officer
    Comp: $2.18M
  • Ms. Marne L. LevineMs. Marne L. Levine (Age 52)
    Chief Bus. Officer
    Comp: $1.45M
  • Ms. Susan J. Li (Age 37)
    Chief Financial Officer
  • Mr. Javier OlivanMr. Javier Olivan (Age 46)
    Chief Operating Officer
  • Ms. Susan Jannifer Simone Taylor (Age 54)
    Chief Accounting Officer
  • Mr. Andrew BosworthMr. Andrew Bosworth
    Chief Technology Officer
  • Mr. Atish Banerjea (Age 57)
    Chief Information Officer
  • Ms. Deborah T. Crawford
    VP of Investor Relations

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













META Stock - Frequently Asked Questions

Should I buy or sell Meta Platforms stock right now?

51 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last year. There are currently 3 sell ratings, 14 hold ratings, 33 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" META shares.
View META analyst ratings or view top-rated stocks.

What is Meta Platforms' stock price forecast for 2023?

51 analysts have issued 12-month target prices for Meta Platforms' shares. Their META share price forecasts range from $80.00 to $375.00. On average, they expect the company's share price to reach $170.00 in the next twelve months. This suggests a possible upside of 15.1% 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 2023?

Meta Platforms' stock was trading at $120.34 at the start of the year. Since then, META shares have increased by 22.7% and is now trading at $147.71.
View the best growth stocks for 2023 here.

When is Meta Platforms' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 1st 2023.
View our META earnings forecast.

How can I listen to Meta Platforms' earnings call?

Meta Platforms will be holding an earnings conference call on Wednesday, February 1st at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 402-977-9140 with passcode "22025147".

How were Meta Platforms' earnings last quarter?

Meta Platforms, Inc. (NASDAQ:META) issued its quarterly earnings results on Sunday, October, 24th. The social networking company reported $3.22 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.03. The social networking company had revenue of $29.01 billion for the quarter, compared to the consensus estimate of $29.52 billion. Meta Platforms had a net margin of 24.41% and a trailing twelve-month return on equity of 23.16%. The business's revenue for the quarter was up 35.1% on a year-over-year basis. During the same period in the prior year, the business posted $2.71 EPS.
Read the conference call transcript.

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

Meta Platforms issued an update on its fourth quarter 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $30.00 billion-$32.50 billion, compared to the consensus revenue estimate of $31.52 billion.

What is Meta Platforms' stock symbol?

Meta Platforms trades on the NASDAQ under the ticker symbol "META."

Who are Meta Platforms' major shareholders?

Meta Platforms' stock is owned by a number of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.26%), Assenagon Asset Management S.A. (0.22%), DNB Asset Management AS (0.13%), New York State Teachers Retirement System (0.10%), Baillie Gifford & Co. (0.09%) and Natixis Advisors L.P. (0.05%). Insiders that own company stock include Andrew Bosworth, David B Fischer, 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, Michael Todd Schroepfer, Nicholas Clegg, Peter Thiel, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Meta Platforms' stock price today?

One share of META stock can currently be purchased for approximately $147.71.

How much money does Meta Platforms make?

Meta Platforms (NASDAQ:META) has a market capitalization of $391.66 billion and generates $118.12 billion in revenue each year. The social networking company earns $39.37 billion in net income (profit) each year or $10.49 on an earnings per share basis.

How many employees does Meta Platforms have?

The company employs 71,970 workers across the globe.

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
How can I contact Meta Platforms?

Meta Platforms' mailing address is 1601 WILLOW ROAD, MENLO PARK CA, 94025. The official website for the company is www.facebook.com. The social networking company can be reached via phone at (650) 543-4800 or via email at investor@fb.com.

This page (NASDAQ:META) was last updated on 1/30/2023 by MarketBeat.com Staff