Company Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

Market Closed - Nasdaq 21:00:00 26/04/2024 BST After market 00:59:49
443.3 USD +0.43% Intraday chart for Meta Platforms, Inc. 441.5 -0.40%

Business Summary

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows:

- operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ;

- sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc.

Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%).

Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Number of employees: 69,329

Sales per Business

USD in Million2022Weight2023Weight Delta
Family of Apps
98.6 %
114,450 98.1 % 133,006 98.6 % +16.21%
Reality Labs
1.4 %
2,159 1.9 % 1,896 1.4 % -12.18%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
36.9 %
47,200 40.5 % 49,780 36.9 % +5.47%
Europe
23.1 %
26,681 22.9 % 31,210 23.1 % +16.97%
Asia-Pacific
16.7 %
27,760 23.8 % 22,464 16.7 % -19.08%
Rest of World
10.9 %
12,018 10.3 % 14,650 10.9 % +21.90%
China
10.1 %
-- 13,690 10.1 % -
Canada
2.3 %
2,950 2.5 % 3,108 2.3 % +5.36%

Managers

Managers TitleAgeSince
Chief Executive Officer 38 03/02/04
Director of Finance/CFO 38 31/03/08
Compliance Officer 59 31/01/21
Chief Operating Officer 46 30/09/07
Chief Tech/Sci/R&D Officer 59 30/09/16
Chief Tech/Sci/R&D Officer 42 31/12/05
Director/Board Member 54 29/02/08
Investor Relations Contact - -
Corporate Officer/Principal 50 19/12/21
Comptroller/Controller/Auditor 50 16/04/23

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 08/03/20
Director/Board Member 75 25/03/20
Director/Board Member 72 02-12
Director/Board Member 52 31/05/08
Chief Executive Officer 38 03/02/04
Director/Board Member 54 29/02/08
Director/Board Member 41 02/02/20
Director/Board Member 69 08/03/20
Director/Board Member 39 10/01/22
Director/Board Member 52 29/05/19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 345,087,958 0 0 86.22 %
Stock B 1 2,191,446,233 2,187,089,738 ( 99.80 %) 0

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.470 %
186,349,346 8.470 % 90 488 M $
Fidelity Management & Research Co. LLC
6.075 %
133,653,414 6.075 % 64 899 M $
BlackRock Advisors LLC
5.581 %
122,776,051 5.581 % 59 618 M $
89,090,450 4.049 % 43 261 M $
JPMorgan Investment Management, Inc.
2.192 %
48,224,342 2.192 % 23 417 M $
Geode Capital Management LLC
2.087 %
45,918,987 2.087 % 22 297 M $
T. Rowe Price International Ltd.
2.070 %
45,531,821 2.070 % 22 109 M $
Capital Research & Management Co. (World Investors)
1.730 %
38,054,513 1.730 % 18 479 M $
Eaton Vance Management
1.648 %
36,250,337 1.648 % 17 602 M $
Capital Research & Management Co. (International Investors)
1.579 %
34,738,470 1.579 % 16 868 M $
NameEquities%Valuation
344,515,496 93.91 % 167 B $
16,297,639 4.442 % 7 914 M $
36ONE Asset Management Pty Ltd.
0.004211 %
15,449 0.004211 % 8 M $
NameEquities%Valuation
Morgan Stanley Administradora de Carteiras SA
0.000000 %
0 0.000000 % - $
G5 Administradora de Recursos Ltda.
0.000000 %
0 0.000000 % - $
Safra Asset Management Ltda.
0.000000 %
0 0.000000 % - $
FOX Investimentos Ltda.
0.000000 %
0 0.000000 % - $
Mintpar Gestora de Recursos Ltda.
0.000000 %
0 0.000000 % - $
Bram Bradesco Asset Management S/A DTVM
0.000000 %
0 0.000000 % - $
Verde Asset Management SA
0.000000 %
0 0.000000 % - $
Wealth High Governance Capital Ltda
0.000000 %
0 0.000000 % - $
Empiricus Gestao De Recursos Ltda.
0.000000 %
0 0.000000 % - $

Company contact information

Meta Platforms, Inc.

1 Meta Way

94025, Menlo Park

+650 543 4800

http://meta.com
address Meta Platforms, Inc.(META)

Group companies

NameCategory and Sector
Internet Software/Services
Information Technology Services
Information Technology Services
Sidecat LLC
Miscellaneous
Data Processing Services
Real Estate Development
Data Processing Services
Communiti Connect Pvt Ltd.
Jaadhu Holdings LLC

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
61
Last Close Price
443.3 USD
Average target price
523.1 USD
Spread / Average Target
+18.01%
Consensus
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