Meta Platforms, Inc. (META)
| Market Cap | 909.63B |
| Revenue (ttm) | 126.96B |
| Net Income (ttm) | 29.73B |
| Shares Out | 2.57B |
| EPS (ttm) | 11.34 |
| PE Ratio | 31.21 |
| Forward PE | 20.32 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,987,092 |
| Open | 358.99 |
| Previous Close | 358.32 |
| Day's Range | 351.82 - 360.00 |
| 52-Week Range | 117.74 - 361.90 |
| Beta | 1.20 |
| Analysts | Strong Buy |
| Price Target | 347.60 (-1.8%) |
| Earnings Date | Jan 31, 2024 |
About META
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 mess... [Read more]
Financial Performance
In 2022, Meta Platforms's revenue was $116.61 billion, a decrease of -1.12% compared to the previous year's $117.93 billion. Earnings were $23.20 billion, a decrease of -41.07%.
Financial StatementsAnalyst Forecast
According to 46 analysts, the average rating for META stock is "Strong Buy." The 12-month stock price forecast is $347.6, which is a decrease of -1.80% from the latest price.
News
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Meta will go to new all-time highs as the year progresses, says Roth MKM's Rohit Kulkarni
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EU Commission examines Italy's tax case against Meta - sources
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Meta censors pro-Palestinian views on a global scale, report claims
Rights group says Facebook and Instagram routinely engage in ‘six key patterns of undue censorship' of content supporting Palestine
Meta attorneys ask judge to dismiss shareholder lawsuit claiming directors' obligations extend beyond company
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Meta charging European users to remove ads is a privacy red herring
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Can the 'Magnificent Seven' continue to dominate in 2024?
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