Meta/META

$468.24

0.83%
-
1D1W1MYTD1YMAX

About Meta

Meta Platforms, Inc. builds technology that helps people connect and share, find communities, and grow businesses. The Company’s products enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) and mixed reality (MR) headsets, and wearables. It operates through two segments: Family of Apps (FoA) and Reality Labs (RL). The FoA segment includes Facebook, Instagram, Messenger, Threads and WhatsApp. The RL includes augmented, mixed and virtual reality related consumer hardware, software, and content. Instagram is a place where people and creators can connect and express themselves through photos, video, and private messaging, and discover and shop from their favorite businesses. Threads is an application for text-based updates and public conversations. Its RL product offerings in VR include Meta Quest devices, and software and content available through the Meta Quest Store, which enable a range of social experiences.

Ticker

META

Sector

Technology

Trading on

NASDAQ

Industry

Business Services

CEO

Mark Zuckerberg

Employees

69,329

Headquarters

Menlo park, United States

Meta Metrics

BasicAdvanced
$1.2T
Market cap
26.80
P/E ratio
$17.37
EPS
1.21
Beta
$0.50
Dividend rate
0.43%
Dividend yield
$1.2T
1.20617
$531.49
$230.27
17M
$0.50
2.681
12.297
12.297
2.78%
38.435
22.47%
33.36%
25.86%
26.802
8.277
7.901
9.225
24.474
0.11%
0.43%
21.62%
121.78%
16.21%
14.89%

What the Analysts think about Meta

Analyst Ratings

Majority rating from 63 analysts.
Buy

Price Targets

Average projection from 52 analysts.
10.23% upside
High $593.00
Low $260.00
$468.24
Current price
$516.13
Average price target

Meta Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
33.92% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$36B
-9.11%
Net income
$12B
-11.76%
Profit margin
33.92%
-2.92%

Meta Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 8.99%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.98
$4.39
$5.33
$4.71
-
Expected
$2.91
$3.63
$4.96
$4.32
$4.67
Surprise
2.23%
20.89%
7.51%
8.99%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Meta stock?

Meta (META) has a market cap of $1.2T as of May 09, 2024.

What is the P/E ratio for Meta stock?

The price to earnings (P/E) ratio for Meta (META) stock is 26.8 as of May 09, 2024.

Does Meta stock pay dividends?

Yes, the Meta (META) stock pays dividends to shareholders. As of May 09, 2024, the dividend rate is $0.5 and the yield is 0.43%. Meta has a payout ratio of 2.78% on a trailing twelve-month basis.

When is the next Meta dividend payment date?

The next Meta (META) dividend payment date is unconfirmed.

What is the beta indicator for Meta?

Meta (META) has a beta rating of 1.21. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Meta stock price target?

The target price for Meta (META) stock is $516.13, which is 9.21% above the current price of $472.6. This is an average based on projections from 52 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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