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Meta Platforms (META)
NASDAQ:META
Meta Platforms (META) Stock Price & Analysis
71,842 Followers
META Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$229.61 - $531.49
Previous Close$443.29
Volume21.50M
Average Volume (3M)19.05M
Market Cap
$1.12T
Enterprise Value$1.10T
Total Cash (Recent Filing)$58.12B
Total Debt (Recent Filing)$37.63B
Price to Earnings (P/E)25.5
Beta1.17
Next Earnings
Jul 24, 2024EPS Estimate
$4.7Last Dividend Ex-Date
Feb 21, 2024Dividend Yield0.11%
Share Statistics
EPS (TTM)17.41
Shares Outstanding2,536,534,191
10 Day Avg. Volume26,054,106
30 Day Avg. Volume19,053,010
Standard Deviation0.12
R-Squared0.29
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)8.72
Price to Sales (P/S)26.65
Price to Cash Flow (P/CF)14.60
P/FCF Ratio21.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.73
Enterprise Value/Gross Profit10.13
Enterprise Value/Ebitda16.54
Forecast
1Y Price Target
$530.93Price Target Upside22.72% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering43
Meta Platforms News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMeta Platforms showcased a robust financial performance with total revenue growing by 27%, demonstrating the company's ability to align with market expectations and maintain a solid growth trajectory.
Investment In TechnologyMeta's strategic investment in AI capabilities and enhanced monetization efforts signal a strong commitment to innovation, positioning the company to capitalize on future technology trends.
User Engagement And MonetizationIncreased user engagement driven by AI-recommended content, alongside improvements in monetization with ad pricing up by 6%, underscores Meta's effectiveness in adapting to consumer preferences and maximizing revenue.
Bears Say
Financial GuidanceThe company's forward commentary indicated decelerating revenue and a stepped-up investment cycle which could lead to higher total GAAP expense and capex.
Investment And RevenueIncreased investment coupled with the possibility of downward revenue revisions could lead to share price volatility.
Revenue OutlookThe Q2 revenue outlook was wider than expected and modestly below consensus at the midpoint, suggesting potential short-term challenges.
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Ownership Overview
9.25% Insiders
27.02% Mutual Funds
20.59% Other Institutional Investors
43.15% 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 $229.61 and its highest was $531.49 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 Jul 24, 2024 which is in 83 days.
How were Meta Platforms’s earnings last quarter?
Meta Platforms released its earnings results on Apr 24, 2024. The company reported $4.71 earnings per share for the quarter, beating the consensus estimate of $4.32 by $0.39.
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 0.11%. See more information on Meta Platforms dividends here
What is Meta Platforms’s EPS estimate?
Meta Platforms’s EPS estimate is $4.7.
How many shares outstanding does Meta Platforms have?
Meta Platforms has 2,191,142,000 shares outstanding.
What happened to Meta Platforms’s price movement after its last earnings report?
Meta Platforms reported an EPS of $4.71 in its last earnings report, beating expectations of $4.32. Following the earnings report the stock price went down -10.561%.
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 3B.
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Meta Platforms Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$530.93 (22.72% Upside)
$530.93 (22.72% Upside)
Blogger Sentiment
Bullish
META Sentiment 85%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 5.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $23.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 12%
Bearish news 12%
Technicals
SMA
Positive
20 days / 200 days
Momentum
80.20%
12-Months-Change
Fundamentals
Return on Equity
33.36%
Trailing 12-Months
Asset Growth
20.79%
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
Q1 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 Months Forecast
Average Price Target
$530.93
▲(22.72% Upside)
Technical Analysis
Best Analysts Covering META
1 Year
1 Year Success Rate
42/51 ratings generated profit
1 Year Average Return
+35.51%
assigned a buy rating 7 days ago
Copying Ronald Josey's trades and holding each position for 1 Year would result in 82.35% of your transactions generating a profit, with an average return of +35.51% per trade.
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