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Meta Platforms (META)
NASDAQ:META
Meta Platforms (META) Stock Price & Analysis
76,999 Followers
META Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$273.82 - $542.81
Previous Close$498.87
Volume12.54M
Average Volume (3M)14.97M
Market Cap
$1.27T
Enterprise Value$1.24T
Total Cash (Recent Filing)$58.12B
Total Debt (Recent Filing)$37.63B
Price to Earnings (P/E)28.7
Beta1.35
Next Earnings
Jul 31, 2024EPS Estimate
$4.7Last Dividend Ex-Date
Jun 14, 2024Dividend Yield0.2%
Share Statistics
EPS (TTM)17.41
Shares Outstanding2,536,534,191
10 Day Avg. Volume12,090,780
30 Day Avg. Volume14,974,539
Standard Deviation0.12
R-Squared0.29
Alpha0.00861
Financial Highlights & Ratios
Price to Book (P/B)9.74
Price to Sales (P/S)8.04
Price to Cash Flow (P/CF)16.30
P/FCF Ratio24.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.72
Enterprise Value/Gross Profit11.43
Enterprise Value/Ebitda18.66
Forecast
1Y Price Target
$533.62Price Target Upside7.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering42
Meta Platforms News
PremiumMarket News
Meta’s Threads Crosses 175M MAUs
Bulls Say, Bears Say
Bulls Say
Advertising PerformanceMeta's weighted average CPM in 4Q23 for the U.S., U.K., and Canada was $20, up 25% y/y.
Revenue GrowthAI-led growth initiatives across the advertising business support a forecasted 11% revenue growth annually.
User EngagementProprietary survey data shows rising time spent on Facebook and Instagram among younger age cohorts, with a decline in TikTok usage.
Bears Say
CapExMeta’s stock has underperformed during their two previous CapEx cycles.
CompetitionMETA faces serious competitive pressure from TikTok and user activity shifting to TikTok will have a detrimental impact on META’s revenue.
RevenueRevenue is expected to decelerate as META faces tougher comparisons, partly due to strong growth from China-based advertisers.
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Ownership Overview
9.22% Insiders
27.19% Mutual Funds
19.83% Other Institutional Investors
43.77% 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 $273.82 and its highest was $542.81 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 31, 2024 which is in 15 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 0.2%. 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 2,191,446,300 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 -10.562%.
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
1
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8
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10
Analyst Consensus
Strong Buy
Average Price Target:
$533.62 (7.55% Upside)
$533.62 (7.55% Upside)
Blogger Sentiment
Bullish
META Sentiment 83%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 13.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $19.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Very Bullish
Bullish news 92%
Bearish news 8%
Bearish news 8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.60%
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 Month Forecast
Average Price Target
$533.62
▲(7.55% Upside)
Technical Analysis
Best Analysts Covering META
1 Year
1 Year Success Rate
20/23 ratings generated profit
1 Year Average Return
+32.09%
reiterated a buy rating 10 months ago
Copying Ralph Schackart's trades and holding each position for 1 Year would result in 86.96% of your transactions generating a profit, with an average return of +32.09% per trade.
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