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Meta Platforms (META)
NASDAQ:META
Holding META?
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META Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$279.40 - $596.85
Previous Close$595.94
Volume12.01M
Average Volume (3M)14.00M
Market Cap
$1.51T
Enterprise Value$1.49T
Total Cash (Recent Filing)$58.08B
Total Debt (Recent Filing)$37.99B
Price to Earnings (P/E)30.4
Beta1.28
Next Earnings
Oct 30, 2024EPS Estimate
$5.18Last Dividend Ex-Date
Sep 16, 2024Dividend Yield0.25%
Share Statistics
EPS (TTM)19.59
Shares Outstanding2,529,816,753
10 Day Avg. Volume12,631,180
30 Day Avg. Volume13,999,857
Standard Deviation0.12
R-Squared0.28
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)9.62
Price to Sales (P/S)10.07
Price to Cash Flow (P/CF)19.50
P/FCF Ratio33.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.93
Enterprise Value/Gross Profit13.65
Enterprise Value/Ebitda22.00
Forecast
1Y Price Target
$611.20Price Target Upside4.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering46
Meta Platforms News
Bulls Say, Bears Say
Bulls Say
AI Infrastructure InvestmentAI infrastructure investment could allow Meta to take material share in search, especially if Google's dominance is checked by governments or courts.
Artificial Intelligence And Machine LearningInvestments in Artificial Intelligence (AI) and Machine Learning (ML) are enhancing Reels monetization through recommendation, targeting, and measurement algorithms.
Revenue GrowthA strong revenue growth outlook from increased usage, new products, better targeting, higher prices, and cost efficiencies enabled by AI.
Bears Say
Competitive PressureMETA faces serious competitive pressure from TikTok and user activity shifting to TikTok will have a detrimental impact to META’s revenue.
Financial PerformanceMeta’s Reality Labs business continues to burn cash, with the segment delivering an operating loss of US$4.5bn.
Regulatory RisksRegulatory scrutiny persists, and the darkest days of this economic quagmire are ahead.
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Ownership Overview
13.69% Insiders
26.36% Mutual Funds
0.13% Other Institutional Investors
40.87% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Meta Platforms
Desktop Users
Mobile Users
META FAQ
What was Meta Platforms’s price range in the past 12 months?
Meta Platforms lowest stock price was $279.40 and its highest was $596.85 in the past 12 months.
What is Meta Platforms’s market cap?
Currently, no data Available
When is Meta Platforms’s upcoming earnings report date?
Meta Platforms’s upcoming earnings report date is Oct 30, 2024 which is in 21 days.
How were Meta Platforms’s earnings last quarter?
Meta Platforms released its earnings results on Jul 31, 2024. The company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $4.717 by $0.443.
Is Meta Platforms overvalued?
According to Wall Street analysts Meta Platforms’s price is currently Undervalued.
Does Meta Platforms pay dividends?
Meta Platforms pays a Notavailable dividend of $0.5 which represents an annual dividend yield of 0.25%. See more information on Meta Platforms dividends here
What is Meta Platforms’s EPS estimate?
Meta Platforms’s EPS estimate is $5.18.
How many shares outstanding does Meta Platforms have?
Meta Platforms has 2,184,728,800 shares outstanding.
What happened to Meta Platforms’s price movement after its last earnings report?
Meta Platforms reported an EPS of $5.16 in its last earnings report, beating expectations of $4.717. Following the earnings report the stock price went up 4.823%.
Which hedge fund is a major shareholder of Meta Platforms?
Among the largest hedge funds holding Meta Platforms’s share is Tiger Global Management LLC. It holds Meta Platforms’s shares valued at 4B.
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Meta Platforms Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$611.20 (4.52% Upside)
$611.20 (4.52% Upside)
Blogger Sentiment
Bullish
META Sentiment 86%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 2.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $21.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Bullish
Bullish news 77%
Bearish news 23%
Bearish news 23%
Technicals
SMA
Positive
20 days / 200 days
Momentum
95.60%
12-Months-Change
Fundamentals
Return on Equity
35.37%
Trailing 12-Months
Asset Growth
11.39%
Trailing 12-Months
Company Description
Meta Platforms
Social networking company Facebook, Inc. develops applications that enable people to connect through mobile devices, personal computers, and other devices. The firm's products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. Its revenue comes primarily from advertising. The company was founded by Mark Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004 and is headquartered in Menlo Park+D9, CA.
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META Company Deck
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META Earnings Call
Q2 2024
0:00 / 0:00
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META Revenue Breakdown
97.81% Advertising
1.41% Reality Labs
0.78% Other
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META Stock 12 Month Forecast
Average Price Target
$611.20
▲(4.52% Upside)
Technical Analysis
Best Analysts Covering META
1 Year
1 Year Success Rate
21/24 ratings generated profit
1 Year Average Return
+32.78%
reiterated a buy rating 2 months ago
Copying Ralph Schackart's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +32.78% per trade.
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