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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
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66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
66,000% upside on tiny biotech? (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
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Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
66,000% upside on tiny biotech? (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE! (Ad)
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Recession risks are fading, business economists say, but political tensions pose threat to economy
66,000% upside on tiny biotech? (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
Biden's campaign joins TikTok, even as administration warns of national security concerns with app

Meta Platforms (META) Stock Price, News & Analysis

$468.11
-1.89 (-0.40%)
(As of 02/9/2024 08:56 PM ET)
Today's Range
$467.46
$473.59
50-Day Range
$317.45
$474.99
52-Week Range
$167.66
$485.96
Volume
18.41 million shs
Average Volume
20.86 million shs
Market Capitalization
$1.20 trillion
P/E Ratio
31.42
Dividend Yield
N/A
Price Target
$494.53

Meta Platforms MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.91 Rating Score
Upside/​Downside
5.6% Upside
$494.53 Price Target
Short Interest
Healthy
1.22% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.28mentions of Meta Platforms in the last 14 days
Based on 86 Articles This Week
Insider Trading
Selling Shares
$317.91 M Sold Last Quarter
Proj. Earnings Growth
15.44%
From $19.62 to $22.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.20 out of 5 stars

Computer And Technology Sector

161st out of 585 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

7th out of 55 stocks


META stock logo

About Meta Platforms Stock (NASDAQ:META)

Meta Platforms, Inc. is a US-based multinational technology company and 1 of the Big 5 US tech companies. It is a member of the FAANG group holding the first position with its original name, Facebook.

Meta Platforms, Inc life began in 2004 as a digital “face book” for Harvard students. The company was founded by Mark Zuckerburg and a group of friends but now only Zuckerburg remains. The company quickly grew and expanded into other universities and then opened itself to the public in 2006. As of 2006, anyone over the age of 13 can be a Facebook user which is the company’s primary source of income. As of 2022, the company claimed more than 2.9 billion monthly active Facebook users.

Facebook, Inc filed for its IPO on January 1st 2012. The prospectus stated the company was seeking to raise $5 billion but it got so much more. The day before the IPO execs announced it would sell 25% more stock than it had previously stated because of the high demand. The company wound up raising more than $16 billion making it the 3rd largest IPO in history at the time.

The massive IPO valuation earned Facebook a spot in the S&P 500 in the first year of its public life. Although its valuation has deteriorated in the wake of scandal and consumer trends within social media, early investors were treated to gains in excess of 1000% at the peak of the stock run. Mark Zuckerburg retained 22% ownership in the company following the IPO, and 57% of the voting rights. As of 2022, those holdings were down to about 14% of the company and 54% of the voting rights.

Over the years, Facebook acquired a large number of apps and other businesses that include but are not limited to Instagram and WhatsApp. The company changed its name to Meta Platforms DBA Meta in 2021 to reflect its business and mission better. The new name describes the metaverse and refers to the seamless social interaction provided by Meta’s social media application universe.

Today, Meta develops digital applications that allow people to connect with family, friends, businesses, and merchants through Internet connections. Applications are available for mobile, PC, VR, and smart homes.

The company’s primary operating segment is the Family of Apps. The family of Apps includes Facebook and all the other digital applications. This segment produces virtually all of the revenue which is in turn 97% advertising oriented. The other operating segment is Reality Labs. Reality Labs develops and markets a line of virtual and augmented-reality products.

META Stock Price History

META Stock News Headlines

Google, Facebook take bigger share of ad spending, but economic slowdown could hurt growth
Weak results from Google, Snap and other big sellers of online ads are raising concerns that Wall Street’s optimistic growth forecasts are setting investors up for rude surprise this year
Meta says it will label AI-generated images on Facebook and Instagram
Facebook and Instagram users will start seeing made-by-AI labels on deepfake images that appear on their social media feeds, part of a broader tech industry initiative to sort between what’s real and not
Investing Wizard Who Turned $37K Into $2.7M in Just 4 Years Makes His Next Big Move
He started from nothing and became a multimillionaire...He's now one of the most sought-after trading experts...Yet he operates 858 miles from Wall Street.And now, he's revealing his #1 favorite strategy that targets MASSIVE weekly profits with just one stock ticker.
Magnificent Meta Platforms stock will double in value
Meta Platforms matured from a tech start-up growth company to a mature, dividend-paying tech leader with a robust outlook.
US aid office in Colombia reports its Facebook page was hacked
The Colombia office of the U.S. government agency that oversees foreign aid and development funding says its Facebook page was hacked
Collision of gas truck and car in Mongolian capital kills at least 6 and injures 11
A truck carrying 60 tons of liquified natural gas and a car collided at an intersection in the Mongolian capital, causing an explosion that killed at least six people and injured 11
Sheryl Sandberg, who helped to turn Facebook into digital advertising empire, to leave company board
Sheryl Sandberg, who helped to transform Facebook from a tech startup into a digital advertising empire, will step down from the board of Meta, Facebook’s parent company
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
Meta Platforms (NASDAQ:META) PT Raised to $575.00
Meta Has Room To Run And Potential For Outperformance
See More Headlines
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Company Calendar

Last Earnings
2/01/2024
Today
2/11/2024
Ex-Dividend for 3/26 Dividend
2/21/2024
Dividend Payable
3/26/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:META
CUSIP
30303M10
Fax
N/A
Employees
86,482
Year Founded
2004

Price Target and Rating

Average Stock Price Target
$494.53
High Stock Price Target
$575.00
Low Stock Price Target
$280.00
Potential Upside/Downside
+5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
46 Analysts

Profitability

Net Income
$39.10 billion
Pretax Margin
35.16%

Debt

Sales & Book Value

Annual Sales
$134.90 billion
Cash Flow
$19.56 per share
Book Value
$59.60 per share

Miscellaneous

Outstanding Shares
2,569,863,000
Free Float
2,216,507,000
Market Cap
$1.20 trillion
Optionable
Optionable
Beta
1.15

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META Stock Analysis - Frequently Asked Questions

Should I buy or sell Meta Platforms stock right now?

46 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last year. There are currently 2 sell ratings, 2 hold ratings, 40 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" META shares.
View META analyst ratings
or view top-rated stocks.

What is Meta Platforms' stock price target for 2024?

46 brokers have issued 12 month price objectives for Meta Platforms' shares. Their META share price targets range from $280.00 to $575.00. On average, they expect the company's share price to reach $494.53 in the next twelve months. This suggests a possible upside of 5.6% from the stock's current price.
View analysts price targets for META
or view top-rated stocks among Wall Street analysts.

How have META shares performed in 2024?

Meta Platforms' stock was trading at $353.96 at the beginning of 2024. Since then, META stock has increased by 32.2% and is now trading at $468.11.
View the best growth stocks for 2024 here
.

When is Meta Platforms' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our META earnings forecast
.

How were Meta Platforms' earnings last quarter?

Meta Platforms, Inc. (NASDAQ:META) issued its quarterly earnings data on Thursday, February, 1st. The social networking company reported $5.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.82 by $0.51. The social networking company earned $40.11 billion during the quarter, compared to analysts' expectations of $39.12 billion. Meta Platforms had a net margin of 28.98% and a trailing twelve-month return on equity of 29.48%. Meta Platforms's revenue for the quarter was up 24.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.00 earnings per share.

How often does Meta Platforms pay dividends? What is the dividend yield for Meta Platforms?

Meta Platforms announced a quarterly dividend on Thursday, February 1st. Investors of record on Thursday, February 22nd will be given a dividend of $0.50 per share on Tuesday, March 26th. This represents a $2.00 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Wednesday, February 21st.
Read our dividend analysis for META
.

Is Meta Platforms a good dividend stock?

Meta Platforms (NASDAQ:META) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 13.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, META will have a dividend payout ratio of 8.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for META.

What guidance has Meta Platforms issued on next quarter's earnings?

Meta Platforms issued an update on its first quarter 2024 earnings guidance on Thursday, February, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $34.5 billion-$37.0 billion, compared to the consensus revenue estimate of $33.8 billion.

Who are Meta Platforms' major shareholders?

Meta Platforms' stock is owned by a number of retail and institutional investors. Top institutional investors include Norges Bank (1.24%), Charles Schwab Investment Management Inc. (0.52%), Jennison Associates LLC (0.43%), Massachusetts Financial Services Co. MA (0.36%), Dimensional Fund Advisors LP (0.34%) and Concentrum Wealth Management (0.29%). Insiders that own company stock include Andrew Bosworth, David B Fischer, David B Fischer, David M Wehner, David M Wehner, David M Wehner, Javier Olivan, Jennifer Newstead, Mark Zuckerberg, Mark Zuckerberg, Marne L Levine, Nicholas Clegg, Susan J Li and Susan JS Taylor.
View institutional ownership trends
.

How do I buy shares of Meta Platforms?

Shares of META stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Meta Platforms have any subsidiaries?
The following companies are subsidiares of Meta Platforms: Acrylic Software, Andale, Andale Inc., Atlas Solutions Advertiser Suite, Beat Games, Beluga, Biblbobl, Bloomsbury AI, Bolt | Peters, Branch, CTRL-labs, Cassin Networks ApS, Chai Labs, Confirm.io, CrowdTangle, Daytum, Digital Staircase, Divvyshot, Dreambit, Edge Network Services, Edge Network Services Limited, Endaga, Eyegroove, FCL Tech, FCL Tech Limited, Face.com, Facebook International Operations, Facebook International Operations Limited, Facebook Ireland Holdings Unlimited, Facebook Ireland Limited, Facebook Ireland Limited, Facebook Operations, Facebook Operations LLC, Facebook Sweden Holdings, Facebook Sweden Holdings AB, Facebook Technologies LLC, FacioMetrics, Fayteq AG, Friend.ly, FriendFeed, GIPHY, GazeHawk, Glancee, Global Holdings I Inc, Global Holdings I Inc., Global Holdings I LLC, Global Holdings I LLC, Global Holdings II LLC, Global Holdings II LLC, Gowalla, Greater Kudu, Greater Kudu LLC, GrokStyle, Hot Potato, Instagram, Instagram LLC, Jibbigo, KUSU PTE, KUSU PTE. Ltd., Karma, Kustomer, Lemnis Technologies, Lightbox, Little Eye Labs, LiveRail, Malkoha PTE Ltd., Mapillary, Monoidics, Morning Hornet LLC, Nextstop, Octazen Solutions, Oculus, Onavo, Osmeta, Ozlo, Packagd, Parakey, Parse, Parse LLC, Pieceable, Pinnacle Sweden, Pinnacle Sweden AB, PlayGiga, PrivateCore, ProtoGeo, Pryte, Pursuit, Push Pop Press, QuickFire Networks, Raven Northbrook LLC, RedKix, Runways Information Services, Runways Information Services Ltd, Sanzaru Games Inc, Scape Technologies, Scout Development LLC, Sendoid, Servicefriend, ShareGrove, Siculus, Siculus Inc., Sidecat LLC, Snaptu, Sofa, Source3, Spaceport.io, Spool, SportStream, Stadion LLC, Starbelt LLC, Storylane, Strobe, TBH, Tagtile, Teehan+Lax, TheFind Inc., Two Big Ears Ltd, Vidpresso, Vitesse, Vitesse LLC, WhatsApp, WhoGlue, Winner, Winner LLC, Wit.ai, Zenbe, and drop.io.
Read More
This page (NASDAQ:META) was last updated on 2/12/2024 by MarketBeat.com Staff

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