Company Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

Market Closed - Nasdaq 21:00:00 24/06/2024 BST Pre-market 14:16:19
498.9 USD +0.83% Intraday chart for Meta Platforms, Inc. 498.2 -0.14%

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 39 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
Investor Relations Contact - -
Corporate Officer/Principal 50 19/12/21
Comptroller/Controller/Auditor 50 16/04/23
Human Resources Officer - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 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 39 03/02/04
Director/Board Member - 02-12
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 86.24 %
Stock B 1 2,191,446,233 2,187,462,173 ( 99.82 %) 0

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.541 %
187,180,393 8.541 % 87 381 M $
Fidelity Management & Research Co. LLC
6.238 %
136,713,042 6.238 % 63 822 M $
BlackRock Advisors LLC
5.645 %
123,700,906 5.645 % 57 747 M $
86,565,596 3.950 % 40 411 M $
JPMorgan Investment Management, Inc.
2.258 %
49,477,561 2.258 % 23 098 M $
Geode Capital Management LLC
2.118 %
46,412,792 2.118 % 21 667 M $
T. Rowe Price International Ltd.
1.968 %
43,117,972 1.968 % 20 129 M $
Capital Research & Management Co. (World Investors)
1.748 %
38,299,316 1.748 % 17 879 M $
Eaton Vance Management
1.581 %
34,646,998 1.581 % 16 174 M $
Capital Research & Management Co. (Global Investors)
1.579 %
34,597,001 1.579 % 16 151 M $
NameEquities%Valuation
344,515,496 93.91 % 161 B $
16,297,639 4.442 % 7 608 M $
36ONE Asset Management Pty Ltd.
0.004211 %
15,449 0.004211 % 7 M $
NameEquities%Valuation
Bram Bradesco Asset Management S/A DTVM
0.000000 %
0 0.000000 % - $
G5 Administradora de Recursos Ltda.
0.000000 %
0 0.000000 % - $
Wealth High Governance Capital Ltda
0.000000 %
0 0.000000 % - $
Verde Asset Management SA
0.000000 %
0 0.000000 % - $
Mintpar Gestora de Recursos Ltda.
0.000000 %
0 0.000000 % - $
FOX Investimentos Ltda.
0.000000 %
0 0.000000 % - $
Safra Asset Management 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
Jaadhu Holdings LLC
Data Processing Services
Sidecat LLC
Miscellaneous
Finance/Rental/Leasing
Real Estate Development
Data Processing Services
Internet Software/Services
Internet Software/Services
Information Technology Services

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
62
Last Close Price
498.9 USD
Average target price
522 USD
Spread / Average Target
+4.63%
Consensus
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