Meta Platforms, Inc. (FB)

NASDAQ: FB · IEX Real-Time Price · USD
300.15
-8.56 (-2.77%)
At close: Jan 25, 2022 4:00 PM
300.54
0.39 (0.13%)
After-hours:Jan 25, 2022 7:59 PM EST
Market Cap834.95B
Revenue (ttm)112.33B
Net Income (ttm)40.30B
Shares Out2.78B
EPS (ttm)13.97
PE Ratio21.48
Forward PE22.57
Dividendn/a
Ex-Dividend Daten/a
Volume24,232,255
Open299.95
Previous Close308.71
Day's Range297.58 - 306.23
52-Week Range253.50 - 384.33
Beta1.28
AnalystsBuy
Price Target401.59 (+33.8%)
Earnings DateFeb 2, 2022

About FB

Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. It operates in two segments, Family of Apps and Facebook Reality Labs. The Family of Apps segment's products include Facebook, which enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and private messages; Messenger, a messaging...

IndustryInteractive Media & Services
IPO DateMay 18, 2012
CEOMark Zuckerberg
Employees68,177
Stock ExchangeNASDAQ
Ticker SymbolFB
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 52 analysts, the average rating for Meta Platforms stock is "Buy." The 12-month stock price forecast is 401.59, which is an increase of 33.80% from the latest price.

Price Target
$401.59
(33.80% upside)
Analyst Consensus: Buy

News

Facebook Eyes Sale of Diem Assets

Meta CEO Mark Zuckerberg is seeing the demise of his cryptocurrency project due to regulatory pressures, Bloomberg reported Tuesday (Jan. 25). The Diem Association, which used to be known as Libra and w...

3 hours ago - PYMNTS

7 Meta Stocks to Buy after Take-Two Buys Zynga

The metaverse will grow in the next decade, as Take-Two announces a big acquisition. Expect meta stocks to rise on more news.

Other symbols:AAPLHIMXMSFTMTTRRBLXU
9 hours ago - InvestorPlace

Stephanie Link sells Amazon, adds to Meta and Apple

Stephanie Link, chief strategist and portfolio manager at Hightower, joins the 'Halftime Report' to discuss recent trades.

Other symbols:AAPLAMZN
11 hours ago - CNBC Television

Why Meta Platforms Stock Slid on Tuesday

The tech giant's shares have fallen more than 10% so far this year. Is this a buying opportunity?

11 hours ago - The Motley Fool

Meta's Rick Kelley on what to expect for gaming in 2022

Rick Kelley has a unique window on gaming trends as vice president of global gaming at Meta/Facebook. He tells us what to expect in 2022.

12 hours ago - VentureBeat

Meta Preps For Metaverse With World's Fastest Computer

Meta has unveiled the AI Research SuperCluster (RSC), a supercomputer that the social media giant says will — by mid-year — be the fastest on earth, and that is designed to help the company enter the me...

12 hours ago - PYMNTS

Meta: 'World's Fastest Computer' Coming This Summer

Meta Platforms Inc. ( FB , Financial), the company that was known as Facebook until its recent rebranding in light of a new focus on the metaverse, introduced its AI Research SuperCluster (RSC) yesterda...

13 hours ago - GuruFocus

Look for stocks with strong cash flows and reasonable multiples, says Bernstein's Sacconaghi

Toni Sacconaghi, senior research analyst at Bernstein, joins CNBC's 'Squawk Box' to lay out tech stocks to watch amid the recent sell-off of Nasdaq names.

Other symbols:AVGOGOOGGOOGL
14 hours ago - CNBC Television

Meta Provides Additional Details on New Segment Reporting

MENLO PARK, Calif., Jan. 24, 2022 /PRNewswire/ -- Following Meta Platforms, Inc. (NASDAQ: FB) October 2021 announcement that we would implement a new financial reporting structure, we are sharing additi...

1 day ago - PRNewsWire

Mark Zuckerberg says Meta is building the world's fastest supercomputer

Facebook founder's planned metaverse, blending reality with digital experiences, will require enormous computing power

1 day ago - The Guardian

Meta says ‘fastest' AI supercomputer will detect harmful content

Facebook parent Meta said on Monday that its research team has built a new artificial intelligence supercomputer that it thinks will be the fastest in the world when completed in mid-2022.

1 day ago - New York Post

Meta is developing a record-breaking supercomputer to power the metaverse

Meta claims that once it is fully functional, this will be the fastest operating supercomputer in the world.

1 day ago - VentureBeat

Meta is building an AI supercomputer

Facebook has long bet that artificial intelligence can help it with the difficult task of moderating posts from its billions of users. Now its parent company is taking a step that could move it closer t...

1 day ago - CNN Business

Meta Launches Next-Gen AI Supercomputer: All You Need To Know

Meta Platforms Inc (NASDAQ: FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022.  Severa...

1 day ago - Benzinga

Meta has a giant new AI supercomputer to shape the metaverse

The company's RSC has comparable horsepower to the world's fifth fastest general-purpose supercomputer.

1 day ago - CNET

Meta leaps into the supercomputer game with its AI Research SuperCluster

There's a global competition to build the biggest, most powerful computers on the planet, and Meta (AKA Facebook) is about to jump into the melee with the “AI Research SuperCluster,” or RSC. Once fully ...

1 day ago - TechCrunch

Why Shares of Amazon, Apple, and Meta Platforms Are Falling Today

Tech stocks are tumbling, but investors should keep a long-term perspective.

Other symbols:AAPLAMZN
1 day ago - The Motley Fool

Meta introduces fastest AI supercomputer

Facebook parent Meta Platforms Inc introduced its new AI Research SuperCluster (RSC) on Monday, which the company believes will be the fastest AI supercomputer in the world.

1 day ago - Reuters

Could This Be the Next Big Thing for Meta Platforms?

Instagram has announced subscription services to some of its users.

1 day ago - The Motley Fool

Big Tech's Three Biggest Regulatory Threats

When the Senate Judiciary Committee voted last Thursday to advance the American Innovation and Choice Online Act, a bipartisan antitrust bill, it set the path for the bill to potentially be adopted by t...

Other symbols:AAPLAMZNGOOGGOOGL
1 day ago - PYMNTS

Lacework hires Facebook VP of engineering to advance cloud security platform

Cloud security firm Lacework has hired Arash Nikkar, formerly VP of engineering at Facebook, to drive development of its ML-powered platform.

1 day ago - VentureBeat

3 Metaverse Stocks That Are Already Money Machines

These companies don't have to wait on the metaverse to rake in big bucks.

Other symbols:ADBENVDA
1 day ago - The Motley Fool

Amazon and Meta each spent record amounts lobbying Washington lawmakers in 2021, report says

Meta and Amazon each spent considerably more on lobbying in 2021 than fellow Big Tech giants Apple and Google.

Other symbols:AMZN
1 day ago - Business Insider

FAANG Stocks: 2022 Winners and Losers

Which of the big tech stocks are worth your investment dollars this year?

Other symbols:AAPLAMZNGOOGGOOGLNFLX
2 days ago - The Motley Fool

1 Green Flag and 1 Red Flag for Meta's Metaverse Dreams

Meta's metaverse-building plans still face some near-term growing pains.

2 days ago - The Motley Fool