S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Freshworks gets juiced on its AI customer engagement platform
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa

Meta Platforms (META) Stock Price, News & Analysis

$332.75
+6.16 (+1.89%)
(As of 12/8/2023 ET)
Compare
Today's Range
$323.00
$333.17
50-Day Range
$288.35
$341.49
52-Week Range
$112.46
$342.92
Volume
14.09 million shs
Average Volume
14.62 million shs
Market Capitalization
$855.12 billion
P/E Ratio
29.37
Dividend Yield
N/A
Price Target
$349.53

Meta Platforms MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.88 Rating Score
Upside/​Downside
5.0% Upside
$349.53 Price Target
Short Interest
Healthy
1.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.05mentions of Meta Platforms in the last 14 days
Based on 78 Articles This Week
Insider Trading
Selling Shares
$133.32 M Sold Last Quarter
Proj. Earnings Growth
22.70%
From $14.32 to $17.57 Per Share

Overall MarketRank

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

2.51 out of 5 stars

Computer And Technology Sector

115th out of 585 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

10th out of 51 stocks


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

Analysts shift attention to new market leaders in Q4 (META)
The top rankings for Most Upgraded stocks changed leaving market leaders like Meta Platforms at risk of topping out while others rally to new highs.
Facebook parent Meta sues the FTC claiming 'unconstitutional authority' in child privacy case
The parent company of Instagram and Facebook has sued the Federal Trade Commission in an attempt to stop the agency from reopening a 2020 privacy settlement with the company that would prohibit it from profiting from data it collects on users under 18
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Court document claims Meta knowingly designed its platforms to hook kids, reports say
A newly unsealed legal complaint claims Facebook parent Meta Platforms deliberately engineered its social platforms to hook kids
Russia puts spokesman for tech giant and Facebook owner Meta on wanted list
Russia's interior ministry has added the spokesman of U.S. tech giant Meta, which owns Facebook and Instagram, to a wanted list, according to its online database
AMD's AI Superchip Is Finally Here
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Meta Platforms Stock Has More Room To Run
Kenya judge finds Meta is not in contempt of court
See More Headlines
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Company Calendar

Last Earnings
10/25/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/07/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:META
CUSIP
30303M10
Fax
N/A
Employees
86,482
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$349.53
High Stock Price Target
$435.00
Low Stock Price Target
$155.00
Potential Upside/Downside
+5.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.88
Research Coverage
49 Analysts

Profitability

Net Income
$23.20 billion
Pretax Margin
28.96%

Debt

Sales & Book Value

Annual Sales
$116.61 billion
Cash Flow
$13.85 per share
Book Value
$48.49 per share

Miscellaneous

Outstanding Shares
2,569,860,000
Free Float
2,216,507,000
Market Cap
$855.12 billion
Optionable
Optionable
Beta
1.20

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Should I Buy Meta Platforms Stock? META Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Meta Platforms was last updated on Sunday, December 10, 2023 at 7:08 PM.

Pros

Here are some ways that investors could benefit from investing in Meta:

  • Meta Platforms Inc. (NASDAQ: META) has shown impressive returns in recent rolling time frames, including a year-to-date return of 131.40%.
  • Analysts expect Meta's earnings to grow 95% this year and another 18% in 2024, indicating potential future growth.
  • Meta is using AI to optimize ads and drive more viewers, which can lead to increased revenue.
  • Meta's recent expansion of options for Reels advertisers indicates a focus on revenue growth in this area.
  • Investments in AI can deliver incremental usage across Meta's Reels platform, benefiting users, creators, and advertisers.

Cons

Investors should be bearish about investing in Meta for these reasons:

  • Meta faced a series of setbacks, including a whistleblower testimony and the underperformance of its metaverse project.
  • Apple's ad measurement and tracking changes have negatively impacted Meta's business.
  • Publishers increasingly demand to be paid when their content appears on Meta's Facebook news, leading to potential financial implications.
  • Meta's temporary scrapping of the launch of Voicebox, a generative AI product, raises concerns about potential risks and misuse.
  • Investors should consider the volatility of the stock market and the potential risks associated with investing in any company.














META Stock Analysis - Frequently Asked Questions

Should I buy or sell Meta Platforms stock right now?

49 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last year. There are currently 2 sell ratings, 3 hold ratings, 43 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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?

49 brokers have issued 12-month target prices for Meta Platforms' shares. Their META share price targets range from $155.00 to $435.00. On average, they expect the company's share price to reach $349.53 in the next year. This suggests a possible upside of 5.0% 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 176.5% and is now trading at $332.75.
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 7th 2024.
View our META earnings forecast
.

How were Meta Platforms' earnings last quarter?

Meta Platforms, Inc. (NASDAQ:META) issued its earnings results on Wednesday, October, 25th. The social networking company reported $4.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.62 by $0.77. The social networking company earned $34.15 billion during the quarter, compared to analysts' expectations of $33.58 billion. Meta Platforms had a trailing twelve-month return on equity of 26.40% and a net margin of 23.42%. Meta Platforms's quarterly revenue was up 23.2% on a year-over-year basis. During the same period last year, the company posted $1.64 EPS.

Who are Meta Platforms' major shareholders?

Meta Platforms' stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (5.09%), Morgan Stanley (1.41%), Northern Trust Corp (0.90%), Wellington Management Group LLP (0.82%), Invesco Ltd. (0.68%) and Bank of New York Mellon Corp (0.63%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/10/2023 by MarketBeat.com Staff

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