Meta Platforms (Facebook)
META

$465.70

2.77%

Market Cap: 1.18T

About: Meta is the world's largest online social network, with nearly 4 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the US and Canada and over 20% from Europe.

Employees: 69,329

Information Technology Computer Programming, Data Processing, Etc.

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 68 analysts

0

News positive %

of 293 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

130% more first-time investments, than exits

New positions opened: 386 | Existing positions closed: 168

34% more capital invested

Capital invested by funds: $594B [Q4 2023] → $795B (+$201B) [Q1 2024]

26% more funds holding in top 10

Funds holding in top 10: 708 [Q4 2023] → 892 (+184) [Q1 2024]

21% more call options, than puts

Call options by funds: $52.3B | Put options by funds: $43.1B

6% more funds holding

Funds holding: 3,651 [Q4 2023] → 3,869 (+218) [Q1 2024]

2% less repeat investments, than reductions

Existing positions increased: 1,560 | Existing positions reduced: 1,592

1.5% less ownership

Funds ownership: 76.1% [Q4 2023] → 74.6% (-1.5%) [Q1 2024]

See Fund Rankings

Research analyst outlook

68 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$360

23%

downside

Avg. target

$540

16%

upside

High target

$625

34%

upside

68 analyst ratings

66 positive

97%

1 neutral

1%

1 negative

1%

Wedbush Scott Devitt	22%upside $570	Outperform Reiterated	24 Jul 2024
Bernstein Mark Shmulik	23%upside $575	Outperform Maintained	22 Jul 2024
Oppenheimer Jason Helfstein	13%upside $525	Outperform Maintained	19 Jul 2024
Wolfe Research Shweta Khajuria	33%upside $620	Outperform Initiated	16 Jul 2024
TD Cowen John Blackledge	29%upside $600	Buy Maintained	10 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 293 articles about META published over the past 30 days

Zacks Investment Research

Mag 7 Earnings Loom: A Closer Look

The 2024 Q2 earnings season continues to roll on, with next week's reporting docket stacked with many notable names. The period has remained positive so far, with the big banks' results not causing any spooks.

Mag 7 Earnings Loom: A Closer Look

What You Need To Know Ahead of Meta's Earnings Report

UPDATE—July 26, 2024: This article has been updated to reflect more recent share price information.

What You Need To Know Ahead of Meta's Earnings Report

CNBC Television

Final Trade: WST, OIH, META, GOOGL

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Final Trade: WST, OIH, META, GOOGL

24/7 Wall Street

“Magnificent 7” Stocks Rebound; Is the Stock Rotation Dead?

Key Points in this Article Russell 2000 is up close to 12% in July while money has been flowing into small cap stocks.

“Magnificent 7” Stocks Rebound; Is the Stock Rotation Dead?

Zacks Investment Research

Has the Recent Selling Bout Come to a Screeching Halt?

The latest volatility may be paving the way for an uptick heading into August.

Has the Recent Selling Bout Come to a Screeching Halt?

Meta Platforms: Still A Compelling Opportunity As Earnings Near

Facebook parent Meta Platforms has seen a 398.6% stock increase since October 2022, outperforming the S&P 500. Analysts anticipate revenue growth of 19.6% and earnings per share of $4.74 for Meta Platforms for the second quarter of 2024. Despite heavy investments in Reality Labs, Meta Platforms has improved profit margins and increased share buybacks, which has been fuel for its rising share price.

Meta Platforms: Still A Compelling Opportunity As Earnings Near

3 AI Stocks to Buy as Trump-Vance Ticket Promises an Innovation Ramp

While many have stated that former President Donald Trump's vice presidential pick in JD Vance was him doubling down to appeal to Rust Belt voters, there might be a different angle as to why Trump selected Vance. That's because, for around five years, Vance was a venture capitalist, meaning his role as vice president could also result in pro-business and low regulation for tech companies.

3 AI Stocks to Buy as Trump-Vance Ticket Promises an Innovation Ramp

3 Social Media Stocks That Are Attracting More Users and Profits

Social networks have changed how we interact with the world and consume information. It's easier to see what people are up to when they regularly post about their lives on these platforms.

3 Social Media Stocks That Are Attracting More Users and Profits

Zacks Investment Research

Countdown to Meta Platforms (META) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Get a deeper insight into the potential performance of Meta Platforms (META) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Countdown to Meta Platforms (META) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

Meta Platforms Faces A Looming EU Antitrust Fine, Braces For Market Turbulence Yet Surprises With A Steady 28% Year-To-Date Gain

Meta Platforms Inc. META is about to face its first EU antitrust fine. The penalty is due to claims that Meta unfairly combined its Marketplace with Facebook, using its dominant position to push out competitors in the classified ads market.

Meta Platforms Faces A Looming EU Antitrust Fine, Braces For Market Turbulence Yet Surprises With A Steady 28% Year-To-Date Gain

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