Meta Platforms Inc.

From social media to the Metaverse, this company has had quite a journey. META is the market leader in online social experiences operating on platforms like Instagram, Facebook, and WhatsApp. Close to 3 billion people around the globe use Facebook, representing more than one-third of the total global population.

$509.36
(as of Jun 12, 3:57 PM EST)

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Ticker Information for Meta Platforms Inc.

Stock Price
$509.36
Ticker Symbol
META
Exchange
NASDAQ

Industry Information for Meta Platforms Inc.

Sector
Communication Services
Industry
Internet Content & Information

Company Description for Meta Platforms Inc.

Country
USA
Full Time Employees
69,329

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 messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

Fundamentals for Meta Platforms Inc.

Market Capitalization
$1,287,212,892,160
EBITDA
$68,446,998,528
Dividends per Share
$0.50
P/E Ratio
29.18
Forward P/E Ratio
25.32
Earnings per Share
$17.39
Earnings per Share Estimate Next Year
$23.09
Profit Margin
32.06%
Shares Outstanding
2,191,450,112
Percent Owned by Insiders
0.18%
Percent Owned by Institutions
79.15%
52-Week High
$531.49
52-Week Low
$274.09

Technical Indicators for Meta Platforms Inc.

50-Day Moving Average
$481.01
200-Day Moving Average
$397.75
RSI
67.46
11.45

Analyst Ratings for Meta Platforms Inc.

Strong Buy
41
Buy
12
Hold
6
Sell
3
Strong Sell
0

News About Meta Platforms Inc.

Jun 10, 2024, 3:52 PM EST
US Supreme Court to Review Meta Bid to End Shareholder Lawsuit Over Cambridge Analytica Privacy Scandal See more.
Jun 10, 2024, 12:58 PM EST
Alibaba Claims Its New AI Model Beats Meta's Llama 3, Promising Major Advancements See more.
Jun 10, 2024, 11:52 AM EST
LONDON (AP) — Meta wants to use data from users in privacy-conscious Europe to train its artificial intelligence models, the social media giant said Monday as it faces concerns about data protection while battling to keep up with rivals like OpenAI and Google. See more.