Meta Platforms, Inc. (META)
|Net Income (ttm)||23.20B|
|Day's Range||197.95 - 203.55|
|52-Week Range||88.09 - 236.86|
|Price Target||212.92 (+5.15%)|
|Earnings Date||Apr 26, 2023|
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]
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
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.
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.
Morgan Stanley says buy Meta
The "Halftime Report" traders debate the biggest analyst calls of the day.
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 ,...
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...
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.
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 ...
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.
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.
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.
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.
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.
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.
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...
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...
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...
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.
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.
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...
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.
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.
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.
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.
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.
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.
Meta Expands ID Verification Subscription Service to US
Meta Verified has been expanded to the United States.