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.

$465.06
(as of Jul 26, 3:58 PM EST)

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Ticker Information for Meta Platforms Inc.

Stock Price
$465.06
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
$1,150,087,987,200
EBITDA
$68,446,998,528
Dividends per Share
$0.50
P/E Ratio
26.1
Forward P/E Ratio
25.32
Earnings per Share
$17.37
Earnings per Share Estimate Next Year
$23.21
Profit Margin
32.06%
Shares Outstanding
2,191,450,112
Percent Owned by Insiders
0.16%
Percent Owned by Institutions
79.11%
52-Week High
$542.81
52-Week Low
$273.82

Technical Indicators for Meta Platforms Inc.

50-Day Moving Average
$492.11
200-Day Moving Average
$428.89
RSI
34.81
15.97

Analyst Ratings for Meta Platforms Inc.

Strong Buy
43
Buy
12
Hold
6
Sell
3
Strong Sell
0

News About Meta Platforms Inc.

Jul 26, 2024, 2:52 PM EST
(Bloomberg) -- The Chinese-owned social media platform TikTok is battling a potential US ban with the signature tools of American democracy — lawyers, lobbyists and money. See more.
Jul 26, 2024, 10:00 AM EST
Meta Platforms Interested in EssilorLuxottica Stake, Ray-Ban Maker Says See more.
Jul 26, 2024, 10:00 AM EST
Meta Platforms Inc.'s (NASDAQ:META) rapid expansion, the fastest since 2021, has been driven by aggressive monetization and deep artificial intelligence integration into its platforms, including Facebook and Instagram. See more.