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Meta Platforms (META) Stock Price, News & Analysis

-10.59 (-1.96%)
(As of 07/8/2024 ET)
Today's Range
50-Day Range
52-Week Range
14.88 million shs
Average Volume
16.27 million shs
Market Capitalization
$1.34 trillion
P/E Ratio
Dividend Yield
Price Target

Meta Platforms MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
3.3% Downside
$511.88 Price Target
Short Interest
1.33% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.55mentions of Meta Platforms in the last 14 days
Based on 77 Articles This Week
Insider Trading
Selling Shares
$128.14 M Sold Last Quarter
Proj. Earnings Growth
From $20.15 to $22.98 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.63 out of 5 stars

Computer And Technology Sector

196th out of 568 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

14th out of 56 stocks

META stock logo

About Meta Platforms Stock (NASDAQ:META)

Meta Platforms, Inc. is a US-based multinational technology company and 1 of the Big 5 US tech companies. It is a member of the FAANG group holding the first position with its original name, Facebook.

Meta Platforms, Inc life began in 2004 as a digital “face book” for Harvard students. The company was founded by Mark Zuckerburg and a group of friends but now only Zuckerburg remains. The company quickly grew and expanded into other universities and then opened itself to the public in 2006. As of 2006, anyone over the age of 13 can be a Facebook user which is the company’s primary source of income. As of 2022, the company claimed more than 2.9 billion monthly active Facebook users.

Facebook, Inc filed for its IPO on January 1st 2012. The prospectus stated the company was seeking to raise $5 billion but it got so much more. The day before the IPO execs announced it would sell 25% more stock than it had previously stated because of the high demand. The company wound up raising more than $16 billion making it the 3rd largest IPO in history at the time.

The massive IPO valuation earned Facebook a spot in the S&P 500 in the first year of its public life. Although its valuation has deteriorated in the wake of scandal and consumer trends within social media, early investors were treated to gains in excess of 1000% at the peak of the stock run. Mark Zuckerburg retained 22% ownership in the company following the IPO, and 57% of the voting rights. As of 2022, those holdings were down to about 14% of the company and 54% of the voting rights.

Over the years, Facebook acquired a large number of apps and other businesses that include but are not limited to Instagram and WhatsApp. The company changed its name to Meta Platforms DBA Meta in 2021 to reflect its business and mission better. The new name describes the metaverse and refers to the seamless social interaction provided by Meta’s social media application universe.

Today, Meta develops digital applications that allow people to connect with family, friends, businesses, and merchants through Internet connections. Applications are available for mobile, PC, VR, and smart homes.

The company’s primary operating segment is the Family of Apps. The family of Apps includes Facebook and all the other digital applications. This segment produces virtually all of the revenue which is in turn 97% advertising oriented. The other operating segment is Reality Labs. Reality Labs develops and markets a line of virtual and augmented-reality products.

META Stock Price History

META Stock News Headlines

Imagine showing two white dice, one with one black dot, one with six black dots, on a sheet of paper listing Global investments
What Makes These 7 Stocks Magnificent?
Coined by Bank of America's chief investment strategist Michael Hartnett, the Magnificent 7 is a group of seven technology companies known for their significant market capitalization and impact on global markets. The Magnificent 7 currently includes e-commerce giants and Alphabet, consumer tech providers Apple and Microsoft, EV leader Tesla, semiconductor manufacturer NVIDIA, and social media powerhouse Meta.
The Only Energy Play You Should Be Looking At
Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.
Technology news icon
Brazil data regulator bans Meta from mining data to train AI models
Brazil’s national data protection authority determined on Tuesday that Meta cannot use data originating in the country to train its artificial intelligence
Amazon logo on smartphone screen shopping carts and boxes
The Top 4 Magnificent 7 Stocks to Buy in the Year's Second Half
As investors prepare for the second half of the year, one question is whether they should take NVIDIA Corp. NASDAQ: NVDA or the field. In this case, the field refers to other stocks that make up the group known as the Magnificent 7.
The Only Energy Play You Should Be Looking At
Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.
A person stands in front of a Meta sign outside of the company's headquarters in Menlo Park, Calif
California considers unique safety regulations for AI companies, but faces tech firm opposition
California lawmakers are weighing a bill that would regulate powerful artificial intelligence systems
European Commissioner for Europe fit for the Digital Age, Margrethe Vestager speaks during a media …
European Union accuses Facebook owner Meta of breaking digital rules with paid ad-free option
European Union regulators have accused social media company Meta Platforms of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them
Politics news icon
European Union accuses Facebook and Instagram owner Meta of breaking bloc's digital rules with paid ad-free option
European Union accuses Facebook and Instagram owner Meta of breaking bloc's digital rules with paid ad-free option
Meta Platforms (NASDAQ:META) Stock Price Down 1.9%
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 6/26 Dividend
Dividend Payable
Next Earnings (Confirmed)
Fiscal Year End

Industry, Sector and Symbol

Computer programming, data processing, & other computer related
Internet Software & Services
Current Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
44 Analysts


Net Income
$39.10 billion
Pretax Margin


Sales & Book Value

Annual Sales
$134.90 billion
Cash Flow
$19.33 per share
Book Value
$60.08 per share


Outstanding Shares
Free Float
Market Cap
$1.34 trillion

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Should I Buy Meta Platforms Stock? META Pros and Cons Explained


Here are some ways that investors could benefit from investing in Meta:

  • Meta Platforms, Inc. (NASDAQ: META) reached a new all-time high on July 5, closing at $539.9 with nearly 5% daily gains, indicating positive momentum in the stock.
  • Meta Platforms engages in the development of products that enable people to connect and share through various platforms, showcasing a diverse product portfolio that caters to different market segments.
  • Institutional investors and hedge funds own 79.91% of Meta Platforms' stock, indicating confidence from large financial entities in the company's growth potential.
  • Hedge funds have been increasing their positions in Meta Platforms, with notable firms like Delos Wealth Advisors LLC and Richardson Financial Services Inc. significantly boosting their holdings, signaling positive sentiment towards the company.
  • Meta Platforms operates in two segments, Family of Apps and Reality Labs, showcasing a diversified business model that can mitigate risks associated with relying on a single product or service.


Investors should be bearish about investing in Meta for these reasons:

  • Insiders have sold a significant number of shares of Meta Platforms worth over $100 million in the last three months, which could indicate lack of confidence from individuals closely associated with the company.
  • While Meta Platforms has seen positive stock performance recently, there is always a risk of market volatility and external factors impacting the stock price, which could lead to potential losses for investors.
  • Despite the positive momentum, Meta Platforms faces intense competition in the tech industry, especially in the social networking and virtual reality sectors, which could pose challenges for sustained growth and market dominance.
  • Investing in individual stocks like Meta Platforms carries inherent risks, including company-specific issues, regulatory changes, and market fluctuations that could affect the stock's performance and investor returns.
  • The current high ownership percentage by institutional investors and hedge funds could lead to increased volatility in Meta Platforms' stock price, as large-scale transactions by these entities can impact market sentiment and trading patterns.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Meta Platforms pros and cons to

META Stock Analysis - Frequently Asked Questions

How have META shares performed this year?

Meta Platforms' stock was trading at $353.96 at the beginning of 2024. Since then, META stock has increased by 49.5% and is now trading at $529.32.
View the best growth stocks for 2024 here

How were Meta Platforms' earnings last quarter?

Meta Platforms, Inc. (NASDAQ:META) issued its quarterly earnings results on Wednesday, April, 24th. The social networking company reported $4.71 EPS for the quarter, topping analysts' consensus estimates of $4.32 by $0.39. The social networking company earned $36.46 billion during the quarter, compared to the consensus estimate of $36.28 billion. Meta Platforms had a net margin of 32.06% and a trailing twelve-month return on equity of 32.03%.

Does Meta Platforms have any subsidiaries?

Meta Platforms subsidiaries include these companies: Kustomer, Lemnis Technologies, Mapillary, GIPHY, Sanzaru Games Inc, Scape Technologies, Packagd, and more.

Who are Meta Platforms' major shareholders?

Top institutional shareholders of Meta Platforms include DNB Asset Management AS (0.07%), Douglas Lane & Associates LLC, Massmutual Trust Co. FSB ADV and ST Germain D J Co. Inc.. Insiders that own company stock include Sheryl Sandberg, Mark Zuckerberg, Mark Zuckerberg, Susan J Li, Jennifer Newstead, Andrew Bosworth, David M Wehner, David M Wehner, Nicholas Clegg, Javier Olivan, Marne L Levine and Susan JS Taylor.
View institutional ownership trends

How do I buy shares of Meta Platforms?

Shares of META stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:META) was last updated on 7/9/2024 by Staff

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