Meta Platforms, Inc. (META)
Market Cap | 1.15T |
Revenue (ttm) | 142.71B |
Net Income (ttm) | 45.76B |
Shares Out | 2.54B |
EPS (ttm) | 17.39 |
PE Ratio | 25.99 |
Forward PE | 21.47 |
Dividend | $0.50 (0.11%) |
Ex-Dividend Date | Feb 21, 2024 |
Volume | 16,276,597 |
Open | 445.93 |
Previous Close | 441.68 |
Day's Range | 441.68 - 454.17 |
52-Week Range | 229.85 - 531.49 |
Beta | 1.18 |
Analysts | Strong Buy |
Price Target | 495.18 (+9.56%) |
Earnings Date | Apr 24, 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 2023, Meta Platforms's revenue was $134.90 billion, an increase of 15.69% compared to the previous year's $116.61 billion. Earnings were $39.10 billion, an increase of 68.53%.
Financial StatementsAnalyst Forecast
According to 42 analysts, the average rating for META stock is "Strong Buy." The 12-month stock price forecast is $495.18, which is an increase of 9.56% from the latest price.
News
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Meta Faces EU Investigation Over Election Disinformation
The inquiry is intended to pressure the tech giant to more aggressively police Facebook and Instagram ahead of the European Union's closely watched elections in June.
Facebook, Instagram face EU probe for disinformation ahead of European Parliament elections
The European Commission has initiated an investigation into Meta Platforms, the parent company of Facebook and Instagram, for potentially violating the European Union's online content regulations. Thi...
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Facebook, Instagram in EU crosshairs for suspected tech rule breaches
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