Meta Platforms (Facebook)META
About: Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.
Employees: 72,404
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more first-time investments, than exits
New positions opened: 256 | Existing positions closed: 110
25% more repeat investments, than reductions
Existing positions increased: 1,897 | Existing positions reduced: 1,516
20% more call options, than puts
Call options by funds: $53.4B | Put options by funds: $44.6B
10% more capital invested
Capital invested by funds: $885B [Q2] → $969B (+$84.6B) [Q3]
9% more funds holding in top 10
Funds holding in top 10: 873 [Q2] → 952 (+79) [Q3]
2% more funds holding
Funds holding: 4,015 [Q2] → 4,110 (+95) [Q3]
2.29% less ownership
Funds ownership: 80.04% [Q2] → 77.75% (-2.29%) [Q3]
Research analyst outlook
28 Wall Street Analysts provided 1 year price targets over the past 3 months
28 analyst ratings
Keybanc Aleksey Yefremov 32% 1-year accuracy 34 / 107 met price target | 16%upside $700 | Overweight Maintained | 10 Jan 2025 |
Jefferies Brent Thill 59% 1-year accuracy 32 / 54 met price target | 18%upside $715 | Buy Maintained | 6 Jan 2025 |
Wedbush Scott Devitt 81% 1-year accuracy 46 / 57 met price target | 13%upside $680 | Outperform Maintained | 6 Jan 2025 |
Wolfe Research Shweta Khajuria 47% 1-year accuracy 8 / 17 met price target | 21%upside $730 | Outperform Maintained | 3 Jan 2025 |
JMP Securities Matthew Condon 100% 1-year accuracy 2 / 2 met price target | 24%upside $750 | Market Outperform Maintained | 2 Jan 2025 |
Financial journalist opinion
Based on 267 articles about META published over the past 30 days