Meta Platforms, Inc. (META)

NASDAQ: META · IEX Real-Time Price · USD
+4.69 (2.37%)
Mar 21, 2023, 3:45 PM EDT - Market open
Market Cap 550.08B
Revenue (ttm) 116.61B
Net Income (ttm) 23.20B
Shares Out 2.72B
EPS (ttm) 8.59
PE Ratio 23.33
Forward PE 14.95
Dividend n/a
Ex-Dividend Date n/a
Volume 27,649,738
Open 203.20
Previous Close 197.81
Day's Range 197.95 - 203.55
52-Week Range 88.09 - 236.86
Beta 1.18
Analysts Buy
Price Target 212.92 (+5.15%)
Earnings Date Apr 26, 2023

About META

Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, 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 messa... [Read more]

IPO Date May 18, 2012
Employees 87,314
Stock Exchange NASDAQ
Ticker Symbol META
Full Company Profile

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 Statements

Analyst Forecast

According to 64 analysts, the average rating for META stock is "Buy." The 12-month stock price forecast is $212.92, which is an increase of 5.15% from the latest price.

Price Target
(5.15% upside)
Analyst Consensus: Buy
Stock Forecasts


Meta stock could surge 25% as TikTok rival Reels and engagement show improvement, Morgan Stanley says

Morgan Stanley upgraded Meta stock to overweight and raised its price target to $250 from $190.

1 hour ago - Business Insider

Morgan Stanley says buy Meta

The "Halftime Report" traders debate the biggest analyst calls of the day.

1 hour ago - CNBC Television

Kenyan judge temporarily blocks mass layoff of Facebook moderators

A Kenyan judge on Tuesday temporarily blocked the mass redundancy of some 260 Facebook content moderators working for an outsourcing company contracted by the social media site's parent company Meta ,...

1 hour ago - Reuters

Meta barred by Kenyan court from engaging its new content moderation partner

Meta has been temporarily barred by a Kenyan court from engaging its new content moderation subcontractor, Majorel, pending the hearing of a new case, filed by 43 content moderators yesterday over ill...

3 hours ago - TechCrunch

Meta stock rises on Morgan Stanley upgrade

Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss Morgan Stanley's Overweight rating on Meta stock.

5 hours ago - Yahoo Finance

META Stock Price Prediction: Can Meta Platforms Really Hit $250?

Meta Platforms (NASDAQ: META) stock is worth checking on Tuesday as investors react to a new bullish rating and price target for the shares. Morgan Stanley analyst Brian Nowak is behind today's META ...

5 hours ago - InvestorPlace

Cramer's Mad Dash: Meta upgraded as Reels, Instagram turn out to be real revenue drivers

CNBC's Jim Cramer discusses Meta's upgrade from the Street.

5 hours ago - CNBC Television

Amazon and Meta's 48,000 job cuts usher in Big Tech's new mantra: Revenue per employee

Amazon CEO Andy Jassy is preparing the company to be leaner, but a new push for efficiency risks squeezing employees more than ever.

Other symbols: AMZN
5 hours ago - Business Insider

Meta's stock has more than doubled since November. Here's why Morgan Stanley says it's still worth buying.

Meta Platforms Inc. shares have more than doubled off their November lows, but a Morgan Stanley analyst still sees room to run.

Other symbols: MS
5 hours ago - Market Watch

Meta Wins Upgrade. It's Safer in a Downturn than Alphabet or Amazon, Analyst Says.

Analysts at Morgan Stanley raised their rating on the social media stock to Overweight from Equal Weight.

6 hours ago - Barrons

Neuberger Berman's Daniel Flax on FAANG stocks

Dan Flax, Neuberger Berman senior research analyst, joins 'Squawk Box' to discuss what's happening in the tech sector, which stocks Flax likes at current levels, and more.

6 hours ago - CNBC Television

First Republic shares pop, Meta's stock boosted by upgrade, while First Majestic shares slide as Nevada mine activities halted

Here are some of the biggest movers on Tuesday, as the Federal Reserve begins deliberations on a key interest rate decision with the banking system wobbling.

Other symbols: AGFRC
7 hours ago - Market Watch

Facebook political microtargeting at center of GDPR complaints in Germany

In its latest piece of strategic litigation, the precision-punching European privacy rights campaign group noyb has used data donated by users of the ‘Who Targets me‘ browser extension, which analyzes...

13 hours ago - TechCrunch

Meta pivoting to focus on AI ‘that will help with the ad targeting': Analyst

Edward Jones Senior Equity Analyst David Heger details Meta's latest round of layoffs, its position in the digital advertising market, and its refocus away from the metaverse and NFTs towards artifici...

22 hours ago - Yahoo Finance

Meta faces third lawsuit in Kenya as moderators claim illegal sacking, blacklisting

Social media giant Meta and its Kenya-based content moderation partners, Sama and Majorel, are facing a new lawsuit in Kenya. In a petition filed today, 43 content moderators allege “unlawful terminat...

1 day ago - TechCrunch

2 Fallen Tech Giants on the Road to Recovery

Meta beat revenue growth estimates for the 4th quarter of 2022 and has big plans to monetize WhatsApp.

Other symbols: NFLX
1 day ago - GuruFocus

Content moderators sue Meta over alleged 'union-busting' in Kenya

Facebook content moderators in Kenya are suing the social media site's parent company Meta and two outsourcing companies for unlawful redundancy, a rights group said on Monday.

1 day ago - Reuters

Here's why Rosenblatt's Barton Crockett has a buy rating on Alphabet, Meta, Apple

Barton Crockett, senior analyst at Rosenblatt Securities, joins 'Squawk on the Street' to discuss why investors should stick with internet stocks, how important company efficiency is right now, and mo...

Other symbols: GOOGGOOGLAAPL
1 day ago - CNBC Television

Will Bad News Turn Good for Investors in Fed's March FOMC?

In the past month, share prices of several technology behemoths have surged. A few of them are META, MSFT, GOOGL, NVDA and CRM.

1 day ago - Zacks Investment Research

4 Top-Ranked Liquid Stocks for Strong Returns in 2023

Here are four top-ranked liquid stocks, Lantheus Holdings (LNTH), Meta Platforms (META), Perion Network (PERI) and Sea Limited (SE), which investors can add to their portfolio for strong gains.

Other symbols: LNTHPERISE
1 day ago - Zacks Investment Research

Meta's pivot from ‘irresponsible' metaverse spending earns stock an upgrade

Meta Platforms Inc.'s stock recently secured an upgrade from a Wall Street analyst who applauded the company's increased discipline.

1 day ago - Market Watch

Mark Zuckerberg is leaning into Meta's 'year of efficiency' the wrong way, and multiple rounds of layoffs will be damaging

The strategy risks hurting innovation, recruiting, and morale. It also makes it less likely he'll boost productivity or make Meta a talent magnet.

2 days ago - Business Insider

Despite mass layoffs led by Meta, it's still hard to hire the right tech talent

One of the reasons why companies are having so much trouble finding tech talent is that they don't have the right approaches in place.

3 days ago - CNBC

Meta can't make any big acquisitions right now, as its $40 billion war chest starts going towards appeasing Wall Street investors

Wall Street says it's unlikely Meta will make a major acquisition anytime soon. But it is likely Meta will use its cash to make investors happy.

3 days ago - Business Insider

Meta Expands ID Verification Subscription Service to US

Meta Verified has been expanded to the United States.

3 days ago - PYMNTS