Meta Platforms Inc.

From social media to the Metaverse, this company has had quite a journey. META is the market leader in online social experiences operating on platforms like Instagram, Facebook, and WhatsApp. Close to 3 billion people around the globe use Facebook, representing more than one-third of the total global population.

$576.93
(as of Mar 28, 3:59 PM EST)

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Ticker Information for Meta Platforms Inc.

Stock Price
$576.93
Ticker Symbol
META
Exchange
NASDAQ

Industry Information for Meta Platforms Inc.

Sector
Communication Services
Industry
Internet Content & Information

Company Description for Meta Platforms Inc.

Country
USA
Full Time Employees
74,067

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact in a private way. The RL segment provides virtual, augmented, and mixed reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.

Fundamentals for Meta Platforms Inc.

Market Capitalization
$1,461,263,007,744
EBITDA
$83,716,997,120
Dividends per Share
$2
P/E Ratio
24.15
Forward P/E Ratio
22.68
Earnings per Share
$23.88
Earnings per Share Estimate Next Year
Profit Margin
37.91%
Shares Outstanding
2,189,900,032
Percent Owned by Insiders
0.16%
Percent Owned by Institutions
79.31%
52-Week High
52-Week Low

Technical Indicators for Meta Platforms Inc.

50-Day Moving Average
200-Day Moving Average
RSI
36.92
23.13

Analyst Ratings for Meta Platforms Inc.

Strong Buy
45
Buy
13
Hold
8
Sell
2
Strong Sell
0

News About Meta Platforms Inc.

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