Meta Platforms, Inc. (META)

NASDAQ: META · Real-Time Price · USD
585.25
-10.32 (-1.73%)
At close: Dec 20, 2024, 4:00 PM
588.90
+3.65 (0.62%)
After-hours: Dec 20, 2024, 7:59 PM EST
-1.73%
Market Cap 1.48T
Revenue (ttm) 156.23B
Net Income (ttm) 55.54B
Shares Out 2.52B
EPS (ttm) 21.18
PE Ratio 27.64
Forward PE 23.95
Dividend $2.00 (0.34%)
Ex-Dividend Date Dec 16, 2024
Volume 38,778,369
Open 590.58
Previous Close 595.57
Day's Range 580.00 - 603.11
52-Week Range 340.01 - 638.40
Beta 1.20
Analysts Strong Buy
Price Target 636.50 (+8.76%)
Earnings Date Jan 30, 2025

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]

IPO Date May 18, 2012
Employees 72,404
Stock Exchange NASDAQ
Ticker Symbol META
Full Company Profile

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 Statements

Analyst Forecast

According to 44 analysts, the average rating for META stock is "Strong Buy." The 12-month stock price forecast is $636.5, which is an increase of 8.76% from the latest price.

Price Target
$636.5
(8.76% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

2 Top Tech Stocks to Buy Right Now

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1 hour ago - The Motley Fool

Meta's Strategic Edge: Navigating Growth in a Matured Social Media Landscape

Explore the exciting world of Meta Platforms (META -1.73%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and p...

2 days ago - The Motley Fool

3 Giant Tech Stocks That Initiated Dividends This Year

As celebrated as some of the more famous tech stocks are, they're almost never renowned for paying dividends. After all, their industry is also famous for being full of companies energetically investi...

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2 days ago - The Motley Fool

My Top 10 Portfolio Holdings for 2025

In less than two weeks, we'll turn the page on what should be another banner year for Wall Street. Through the closing bell on Dec. 17, the iconic Dow Jones Industrial Average, broad-based S&P 500, an...

2 days ago - The Motley Fool

2 Technology Stocks That Could Help Make You a Fortune

Technology stocks have delivered healthy gains to investors in 2024 despite bouts of volatility, which is evident from the 14% gains clocked by the Nasdaq-100 Technology Sector index so far this year,...

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2 days ago - The Motley Fool

Apple and Meta Are Squabbling Again. This Is Why.

The companies have been arguing over user privacy since 2021, when the iPhone maker launched App Tracking Transparency.

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3 days ago - Barrons

Apple complains Meta requests risk privacy in spat over EU efforts to widen access to iPhone tech

Apple complained that requests from Meta Platforms for access to its operating software threaten user privacy, in a spat fueled by the European Union's intensifying efforts to get the iPhone maker to ...

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3 days ago - TechXplore

Best Stocks to Buy for 2025: Meta Stock vs. Snap Stock

Meta Platforms (META -3.59%) and Snap (SNAP 0.36%) are excellent businesses that benefit from user-generated content.

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3 days ago - The Motley Fool

Apple Faults Meta For Software-Access Requests as EU Crackdown Looms

Apple called out Meta for seeking access to software tools that it said could compromise user privacy, a criticism that comes as the EU tries to force the iPhone maker to give developers greater acces...

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3 days ago - WSJ

A TikTok Ban Would Be Great News for Meta Platforms, But It Also Highlights a Huge Risk

In recent years, the biggest threat for Meta Platforms (META -3.59%) has been TikTok. Meta's response to that has been its Instagram Reels, which allows users to easily scroll through quick videos jus...

3 days ago - The Motley Fool

Apple and Meta go to war over interoperability vs. privacy

Apple and Meta are warring in Europe over the balance between interoperability and privacy, Reuters reports.

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3 days ago - TechCrunch

3 Top Tech Stocks That Could Make You a Millionaire

It's easy to assume that a millionaire-making stock is a rags-to-riches story, a lottery ticket-style investment that hit it big. Sure, those stories exist, but the reality is that investors are most ...

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3 days ago - The Motley Fool

Apple slams Meta's numerous interoperability requests

Apple on Wednesday hit out at Meta Platforms , saying its numerous requests to access the iPhone maker's software tools to its devices could impact users' privacy and security, underscoring the intens...

Other symbols: AAPL
4 days ago - Reuters

Why JPMorgan predicts an AI trade shift in 2025

JPMorgan has released a new report suggesting the AI landscape will enter a transformative phase in 2025. The analysis highlights emerging players like Amazon (AMZN), Meta (META), Spotify (SPOT), and ...

Other symbols: AMZNGOOGGOOGLSPOT
4 days ago - Yahoo Finance

Amazon, Meta, Alphabet, Spotify Lead JPMorgan's 2025 Tech Picks For AI Potential

JPMorgan analyst Doug Anmuth has rolled out an optimistic internet 2025 outlook, emphasizing mega-cap tech leaders as top picks. The big winners? Amazon.com, Meta Platforms, Alphabet Inc and Spotify T...

Other symbols: AMZNGOOGGOOGLSPOT
4 days ago - Benzinga

Instagram's Ad Revenue Could Hit $32 Billion by 2025, Driving Meta's Growth: Report

Meta Platforms Inc's META Instagram has the potential to generate 50% of the company's advertising revenue in the U.S., Bloomberg cites from Emarketer estimates.

4 days ago - Benzinga

Report: Instagram Set to Drive Half of Meta's Ad Revenue

Instagram will soon make up half of parent company Meta's advertising revenues in the United States. The photo-and-video-sharing app will exceed $32 billion in U.S. ad revenue next year, Bloomberg New...

4 days ago - PYMNTS

Instagram to surpass half of Meta's US Ad revenue by 2025

Instagram, the photo and video-sharing social media platform, is on track to become Meta Platforms' (META) primary engine for advertising revenue in the United States by next year.

4 days ago - Invezz

Why the Mag7 trade is far from over

Bank of America (BAC) released its Global Fund Manager Survey on Tuesday, offering market insights from top institutional, mutual, and hedge fund managers. Today's Chart of the Day features anchor Mad...

4 days ago - Yahoo Finance

Instagram to make up more than half of Meta's US ad revenue in 2025, report shows

Instagram is set to account for more than half of Meta Platforms' advertising revenue in the United States next year, as the social media platform improves monetization of its products, according to r...

4 days ago - Reuters

2 Spectacular Artificial Intelligence (AI) Stocks Primed to Beat the S&P 500 in 2025

The S&P 500 (^GSPC -0.39%) is up 28% this year, which is almost triple its average annual gain going back to 1957. It follows an incredibly strong year in 2023, when the index jumped 26%.

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4 days ago - The Motley Fool

2 Megacaps and 2 Smaller Internet Stocks that Could Outperform in 2025

This Truist analyst has picked several internet stocks he believes will shine in 2025.

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5 days ago - Barrons

Ireland fines Meta 251 mn euros over Facebook hacks

An Irish regulator helping police European Union data privacy on Tuesday said it had fined Facebook-owner Meta 251 million euros ($263 million) for a data protection failure that saw users' accounts h...

5 days ago - TechXplore

Trump Card in Potential TikTok Ban, META & SNAP Best Positioned

President-elect Donald Trump will tip the scales on whether TikTok is banned from the U.S., according to Seth Schachner. He says the incoming president, paired with the Supreme Court, will decide if t...

Other symbols: SNAP
5 days ago - Schwab Network

Tech giant Meta will pay Australians $50 million for enabling the Cambridge Analytica scandal

The Australian Information Commissioner today announced a settlement with tech giant Meta over its involvement in the Cambridge Analytica scandal.

5 days ago - TechXplore