Meta Platforms, Inc. (TSX:META)
Canada
· Delayed Price · Currency is CAD | Market Cap | 2.61T |
| Revenue (ttm) | 236.69B |
| Net Income (ttm) | 89.73B |
| Shares Out | n/a |
| EPS (ttm) | 34.33 |
| PE Ratio | 29.08 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 81,796 |
| Average Volume | 204,803 |
| Open | 39.47 |
| Previous Close | 39.64 |
| Day's Range | 39.33 - 40.00 |
| 52-Week Range | 0.07 - 0.41 |
| Beta | n/a |
| RSI | 79.62 |
| Earnings Date | Apr 25, 2025 |
About Meta Platforms
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 and mixed reality headsets, augmented reality, and wearables worldwide. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through instagram feed, stories, reels, live,... [Read more]
Financial Performance
In 2024, Meta Platforms's revenue was $164.50 billion, an increase of 21.94% compared to the previous year's $134.90 billion. Earnings were $62.36 billion, an increase of 59.50%.
Financial numbers in USD Financial StatementsNews
Meta In Talks To Buy Korean AI Chip Startup Founded By Samsung Engineer
Meta is in talks to acquire South Korean AI chip startup FuriosaAI, according to people familiar with the matter, a deal that could boost the social media giant's custom chip efforts amid a shortage o...
Meta lays off 4K workers in performance-based spree — as some claim they received glowing reviews just last year: report
Meta CEO Mark Zuckerberg carried out his promised performance-based job cuts this week -- but laid-off staffers said they received high performance reviews just last year.
Meta Outperforms Magnificent 7 As 16-Day Streak Puts Bulls In Control
Meta Platforms Inc META is rewriting the record books. The stock notched its 16th straight winning session on Monday, the longest streak among the Magnificent Seven.
Meta's AI Driven Future Beyond Social Media
Meta's Q4 2024 results show a 21% YoY revenue increase and a 43% YoY operating income increase, with strong AI-driven growth. Meta's AI strategy, including Llama 4 and custom MTIA chips, positions it ...
Ives: Meta is doubling down on AI initiatives
Dan Ives of Wedbush Securities discusses the potential for Meta's significant growth due to its AI initiatives, which could lead the stock to rise by another $100.
Meta's job cuts surprised some employees who said they weren't low-performers
Some Meta workers impacted by Monday's job cuts were surprised since they had strong track records. Meta's layoffs targeted 5% of low performers.
Why Meta has been on a winning streak
As Meta Platforms (META) shares continue their longest-running winning streak to date, Wall Street is keyed in on the tech giant's forecasts for $119 billion in capital expenditure (CapEx) spending in...
Meta Workforce Reductions Expected to Continue Through February
Meta began notifying employees affected by its previously announced job cuts on Monday (Feb. 10).
The Mag 7 Rules No More. Why It's Time to Sell Some Stock.
The days of double-digit gains for exclusive group of Big Tech names is fading.
Meta stock records longest winning streak to date
Meta Platforms (META) stock records its longest winning streak, with shares gaining for 15 consecutive days. Catalysts host Seana Smith is joined by Brad Smith to outline what investors need to know a...
Meta begins layoffs as it doubles down on AI investment
Meta, the parent company of Facebook, Instagram, and WhatsApp, has begun a new round of layoffs as part of its ongoing effort to streamline operations and ramp up investments in artificial intelligenc...
Meta speeds up its hiring process for machine learning engineers as it cuts thousands of 'low performers'
Internal Meta memo shows the company is ramping up hiring of engineers as it cuts thousands of jobs. Meta wants to "expedite recruiting" of machine learning engineers in the coming weeks, per the memo...
Meta Platforms Aims For Eight; Steel And Aluminum Tariffs; Eagles Win
Earnings Growth Strong, But Energy Sector Struggles Amid Overvaluation Concerns
Meta Platforms Ticks All The Right Boxes, Strong Buy
I am bullish on Meta Platforms due to its strong growth levers, especially accelerated AI growth, and double-digit undervaluation. META's financial strength, consistent top and bottom-line growth, and...
Meta set to notify workers impacted by its performance-based cuts
This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here.
Meta wants to be the world standard for AI open source models, says Harvest's Paul Meeks
Paul Meeks, Harvest Portfolio Management CIO, joins 'Squawk Box' to discuss Meta's record run, state of the AI tech race, and more.
Meta's AI Capex Can Surge +$65B In 2025 - That's A Good Thing
Meta's stock has surged over 12%, surpassing my $683 price target, driven by strong revenue and operating income growth in its FoA business segment from a combination of Core and GenAI initiatives. Pl...
Meta employees brace for job cuts. Here's everything we know so far.
Meta plans to cut thousands of jobs to focus on AI investment and efficiency. Mark Zuckerberg targets low performers, part of a broader industry move toward leaner operations.
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into artificial intelligence technologies. Technology companies are racing to build out data centers and AI infr...
Meta to Begin Previously Announced Workforce Reduction
Meta is set to begin its previously announced workforce reduction on Monday (Feb. 10). The company told staff on Friday (Feb. 7) that those who are laid off will be cut off from Meta's internal system...
The Magnificent 7 Stocks Are the New Staples. Is It Time to Worry?
Berkshire Hathaway CEO Warren Buffett helped popularize the leading staples stocks with his investments in Coca-Cola and Gillette in the 1990s. It marked the peak of their dominance.
Meta to chop 5% of workforce as Zuckerberg decides to ‘raise the bar' on performance
Impacted employees will receive notifications via their personal and work emails on Monday, according to an internal memo.
Meta prepares for layoffs on Monday -internal memo
Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next week while pushing ahead with the expedited hiring of machine learning engineers, it told staffers in internal m...
Meta Stock Rises with AI Future in Mind
Meta Platforms Inc. (META) is a big-time player in social media, advertising, and now AI.
Facebook defends $725 million privacy settlement in US appeals court
Facebook owner Meta Platforms on Friday urged a U.S. appeals court to uphold a $725 million nationwide class action settlement with users who accused the company of violating their privacy.