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.

$488.81
(as of Feb 22, 1:02 PM EST)

Stock Market Guides is not a financial advisor. Our content is strictly educational and should not be considered financial advice.

Ticker Information for Meta Platforms Inc.

Stock Price
$488.81
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
67,317

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
$1,193,200,320,512
EBITDA
$60,183,998,464
Dividends per Share
$0
P/E Ratio
31.43
Forward P/E Ratio
23.42
Earnings per Share
$14.89
Earnings per Share Estimate Next Year
$22.96
Profit Margin
28.98%
Shares Outstanding
2,200,049,920
Percent Owned by Insiders
0.17%
Percent Owned by Institutions
79.60%
52-Week High
$488.10
52-Week Low
$167.48

Technical Indicators for Meta Platforms Inc.

50-Day Moving Average
$390.30
200-Day Moving Average
$320.30
RSI
66.4
13.21

Analyst Ratings for Meta Platforms Inc.

Strong Buy
40
Buy
11
Hold
8
Sell
2
Strong Sell
0

News About Meta Platforms Inc.

Feb 20, 2024, 6:50 PM EST
The Federal Reserve's Chairman Jerome Powell is planning on slashing benchmark interest rates at a slower pace than expected, as indicated during the 60 Minutes interview with CBS. See more.
Feb 20, 2024, 11:32 AM EST
Why Nvidia (NVDA) Shares Are Trading Lower Today See more.
Feb 20, 2024, 11:31 AM EST
Why Roku (ROKU) Shares Are Trading Lower Today See more.