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Meta Platforms (META) Stock Price, News & Analysis

-7.14 (-1.41%)
(As of 06/18/2024 ET)
Today's Range
50-Day Range
52-Week Range
12.85 million shs
Average Volume
16.61 million shs
Market Capitalization
$1.27 trillion
P/E Ratio
Dividend Yield
Price Target

Meta Platforms MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.89 Rating Score
2.2% Upside
$510.41 Price Target
Short Interest
1.27% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.53mentions of Meta Platforms in the last 14 days
Based on 62 Articles This Week
Insider Trading
Selling Shares
$208.88 M Sold Last Quarter
Proj. Earnings Growth
From $20.16 to $23.04 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.

3.80 out of 5 stars

Computer And Technology Sector

186th out of 585 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

14th out of 57 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

Bigger Than NVIDIA?
With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ONE stock you should be watching.
State Sen
California lawmakers fast-track bill that would require online sellers to verify their identity
California Democratic lawmakers are fast-tracking a bill aiming to crack down on resellers of stolen goods
German Chancellor Olaf Scholz, right, and Ukrainian President Volodymyr Zelenskyy attend a press co…
Germany hosts recovery conference for Ukraine before a peace summit in Switzerland
Germany is hosting a conference to gather support for Ukraine’s recovery from the destruction wreaked by Russia’s war
Bigger Than NVIDIA?
With NVIDIA flying high, everyone is looking for the next breakout stock. But right now... There's only ONE stock you should be watching.
The Meta logo is seen at the Vivatech show in Paris, France, Wednesday, June 14, 2023
Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns
Meta said Monday it wants to use data from users in privacy-conscious Europe to train its artificial intelligence models
Meta Platforms logo on building
Top 3 Stocks Set to Soar with the AI-Driven Metaverse Revolution
Call it a stretch, but the future of AI is the metaverse. The metaverse is already powered by data centers, the cloud, and AI, and that relationship will only intensify.
Meta Platforms logo on building
Top 3 Stocks Set to Soar with the AI-Driven Metaverse Revolution (META)
Apple, Meta Platforms, and Symbotic are advancing virtual reality, automation, and AI technology in a way that will bring the metaverse to life.
Meta Platforms (NASDAQ:META) Stock Price Down 1.3% on Insider Selling
3 Bargain Stocks to Buy Now: June 2024
3 Magnificent 7 Stocks to Buy Now: June 2024
3 Low-Debt Stocks Delivering High Returns
S&P 500 Boosted Stock Buybacks by 10% in Q1
See More Headlines
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Company Calendar

Ex-Dividend for 3/26 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 6/26 Dividend
Dividend Payable
Next Earnings (Estimated)
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
$19.53 per share
Book Value
$60.08 per share


Outstanding Shares
Free Float
Market Cap
$1.27 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. is constantly developing products that enable people to connect and share through various devices, including virtual reality headsets and wearables.
  • Meta Growth Corp. operates as a recreational cannabis retailer in Canada, which is a growing industry with potential for high returns.


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

  • Meta Platforms, Inc. has faced scrutiny and regulatory challenges in various countries, which could impact its growth and profitability.
  • Meta Growth Corp. operates in a highly regulated industry, with potential legal and compliance risks.
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 Tuesday, June 11, 2024. Please send any questions or comments about these Meta Platforms pros and cons to

META Stock Analysis - Frequently Asked Questions

Should I buy or sell Meta Platforms stock right now?

44 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Meta Platforms in the last twelve months. There are currently 2 sell ratings, 3 hold ratings, 37 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" META shares.
View META analyst ratings
or view top-rated stocks.

What is Meta Platforms' stock price target for 2024?

44 Wall Street analysts have issued 1 year price objectives for Meta Platforms' stock. Their META share price targets range from $285.00 to $600.00. On average, they anticipate the company's share price to reach $510.41 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price.
View analysts price targets for META
or view top-rated stocks among Wall Street analysts.

How have META shares performed in 2024?

Meta Platforms' stock was trading at $353.96 at the beginning of 2024. Since then, META stock has increased by 41.1% and is now trading at $499.49.
View the best growth stocks for 2024 here

When is Meta Platforms' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our META earnings forecast

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 earnings per share for the quarter, beating analysts' consensus estimates of $4.32 by $0.39. The social networking company had revenue of $36.46 billion for the quarter, compared to analyst estimates of $36.28 billion. Meta Platforms had a trailing twelve-month return on equity of 32.03% and a net margin of 32.06%.

How often does Meta Platforms pay dividends? What is the dividend yield for Meta Platforms?

Meta Platforms declared a quarterly dividend on Thursday, May 30th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.50 per share on Wednesday, June 26th. This represents a $2.00 dividend on an annualized basis and a yield of 0.40%. The ex-dividend date is Friday, June 14th.
Read our dividend analysis for META

Is Meta Platforms a good dividend stock?

Meta Platforms (NASDAQ:META) pays an annual dividend of $2.00 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 11.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, META will have a dividend payout ratio of 8.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for META.

What guidance has Meta Platforms issued on next quarter's earnings?

Meta Platforms issued an update on its second quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $36.5 billion-$39.0 billion, compared to the consensus revenue estimate of $38.3 billion.

Who are Meta Platforms' major shareholders?

Meta Platforms' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.38%), Price T Rowe Associates Inc. MD (1.70%), Capital World Investors (1.51%), Capital Research Global Investors (1.36%), Capital International Investors (1.16%) and Bank of New York Mellon Corp (0.60%). Insiders that own company stock include Aaron Anderson, Andrew Bosworth, David M Wehner, David M Wehner, Javier Olivan, Jennifer Newstead, Mark Zuckerberg, Mark Zuckerberg, Marne L Levine, Nicholas Clegg, Sheryl Sandberg, Susan J Li 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.

Does Meta Platforms have any subsidiaries?
The following companies are subsidiares of Meta Platforms: Acrylic Software, Andale, Andale Inc., Atlas Solutions Advertiser Suite, Beat Games, Beluga, Biblbobl, Bloomsbury AI, Bolt | Peters, Branch, CTRL-labs, Cassin Networks ApS, Chai Labs,, CrowdTangle, Daytum, Digital Staircase, Divvyshot, Dreambit, Edge Network Services, Edge Network Services Limited, Endaga, Eyegroove, FCL Tech, FCL Tech Limited,, Facebook International Operations, Facebook International Operations Limited, Facebook Ireland Holdings Unlimited, Facebook Ireland Limited, Facebook Ireland Limited, Facebook Operations, Facebook Operations LLC, Facebook Sweden Holdings, Facebook Sweden Holdings AB, Facebook Technologies LLC, FacioMetrics, Fayteq AG,, FriendFeed, GIPHY, GazeHawk, Glancee, Global Holdings I Inc, Global Holdings I Inc., Global Holdings I LLC, Global Holdings I LLC, Global Holdings II LLC, Global Holdings II LLC, Gowalla, Greater Kudu, Greater Kudu LLC, GrokStyle, Hot Potato, Instagram, Instagram LLC, Jibbigo, KUSU PTE, KUSU PTE. Ltd., Karma, Kustomer, Lemnis Technologies, Lightbox, Little Eye Labs, LiveRail, Malkoha PTE Ltd., Mapillary, Monoidics, Morning Hornet LLC, Nextstop, Octazen Solutions, Oculus, Onavo, Osmeta, Ozlo, Packagd, Parakey, Parse, Parse LLC, Pieceable, Pinnacle Sweden, Pinnacle Sweden AB, PlayGiga, PrivateCore, ProtoGeo, Pryte, Pursuit, Push Pop Press, QuickFire Networks, Raven Northbrook LLC, RedKix, Runways Information Services, Runways Information Services Ltd, Sanzaru Games Inc, Scape Technologies, Scout Development LLC, Sendoid, Servicefriend, ShareGrove, Siculus, Siculus Inc., Sidecat LLC, Snaptu, Sofa, Source3,, Spool, SportStream, Stadion LLC, Starbelt LLC, Storylane, Strobe, TBH, Tagtile, Teehan+Lax, TheFind Inc., Two Big Ears Ltd, Vidpresso, Vitesse, Vitesse LLC, WhatsApp, WhoGlue, Winner, Winner LLC,, Zenbe, and
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This page (NASDAQ:META) was last updated on 6/19/2024 by Staff

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