Business description: Meta Platforms, Inc.

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 (98.7%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.35 billion daily active users in 2024);

- sale of virtual and augmented reality products, software and devices (1.3%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc.

Net sales break down by source of income into advertising spaces (97.6%) and other (2.4%).

Net sales are distributed geographically as follows: the United States and Canada (38.4%), Asia/Pacific (27.4%), Europe (23.3%) and other (10.9%)

Number of employees: 78,450

Sales by Activity: Meta Platforms, Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

Family of Apps

- 116B 114B 133B 162B

Internet Information Providers

85.96B - - - -

Reality Labs

- 2.27B 2.16B 1.9B 2.15B
See all business segments

Geographical breakdown of sales: Meta Platforms, Inc.

Fiscal Period: December 2020 (USD) 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD)

United States

36.25B 48.38B 47.2B 49.78B 59.73B

Europe

20.35B 29.06B 26.68B 31.21B 38.36B

Asia-Pacific (Excl.China)

- - - 22.46B 26.66B

China

- - - 13.69B 18.35B

Rest of The World

7.34B 10.59B 12.02B 14.65B 17.92B

Canada

2.18B 3.16B 2.95B 3.11B 3.48B

Asia-Pacific

19.85B 26.74B 27.76B - -
See all geographic segments

Executive Committee: Meta Platforms, Inc.

Manager TitleAgeSince
Chief Executive Officer 40 03/02/2004
President 52 11/01/2026
Director of Finance/CFO 40 31/10/2022
Compliance Officer 61 31/01/2021
Chief Tech/Sci/R&D Officer 61 30/09/2016
See META PLATFORMS, INC. governance

Composition of the Board of Directors: Meta Platforms, Inc.

Director TitleAgeSince
Chairman 40 31/12/2011
Director/Board Member 54 31/05/2008
Director/Board Member 54 29/05/2019
Director/Board Member 43 02/02/2020
Director/Board Member 71 08/03/2020
Director/Board Member 63 08/03/2020
Director/Board Member 77 25/03/2020
Director/Board Member 41 10/01/2022
Director/Board Member - 12/02/2024
Director/Board Member 74 12/02/2024
Composition of the Board of Directors

Shareholders: Meta Platforms, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.849 %
192,726,351 8.849 % 127 B $
Fidelity Management & Research Co. LLC
5.967 %
129,949,453 5.967 % 85 778 M $
BlackRock Advisors LLC
5.846 %
127,310,089 5.846 % 84 036 M $
3.969 %
86,445,582 3.969 % 57 062 M $
JPMorgan Investment Management, Inc.
2.517 %
54,819,978 2.517 % 36 186 M $
NameEquities%Valuation
99.07 %
341,872,556 99.07 % 226 B $
NameEquities%Valuation
Western Asset Management Company DTVM Ltda.
0.00125 %
802,759 0.00125 % 5 M $
BRAM - Bradesco Asset Management SA DTVM
0.000663 %
426,127 0.000663 % 2 M $
Banco JPMorgan SA
0.000145 %
93,166 0.000145 % 541 943 $
Itaú Unibanco Asset Management Ltda.
0.000136 %
87,650 0.000136 % 509 857 $
XP Allocation Asset Management Ltda.
0.000028 %
18,301 0.000028 % 106 456 $
List of META PLATFORMS, INC. shareholders

Company details: Meta Platforms, Inc.

Meta Platforms, Inc.

1 Meta Way

94025, Menlo Park

+650 543 4800

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

Group companies: Meta Platforms, Inc.

NameCategory and Sector
Jaadhu Holdings LLC
Jaadhu Holdings LLC
See all subsidiaries

Social Media & Networking

Change 5d. change 1-year change 3-years change Capi.($)
-0.09%-5.02%+1.46%+352.80% 1,563B
+0.99%-5.54%+32.10% - 43.78B
-0.84%-2.75%-4.23%-32.07% 7.4B
+1.54%-3.75%-66.17%-23.07% 3.88B
-2.36%+2.38%+14.73%-48.04% 2.63B
-0.65%+8.84%+260.99%+586.07% 2.37B
-2.55%-3.54%-20.08%-9.91% 749M
Average -0.01%-1.34%+31.26%+137.63% 232.02B
Weighted average by Cap. +0.70%-4.99%+2.49%+349.59%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
67
Last Close Price
620.25USD
Average target price
835.59USD
Spread / Average Target
+34.72%
Consensus

Quarterly revenue - Rate of surprise

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