Meta Platforms, Inc.

US30303M1027

Internet Services

Real-time Estimate Cboe BZX Other stock markets 20:36:08 28/06/2024 BST			5-day change	1st Jan Change
510.4 ^USD	-1.76%		+3.69%	+44.94%

06:28pm	Top Midday Stories: Nike Fiscal Q4 Revenue Falls; iPhone Shipments in China Up 40%; Uber, Lyft Settle Drivers Minimum Wage; Nokia Acquires Infinera	MT
06:25pm	S&P 500, Nasdaq hit all-time highs; Nike slides after bleak forecast	RE

META : Gets a Buy rating from Goldman Sachs

June 25, 2024 at 10:46 am

Analyst Eric Sheridan from Goldman Sachs research considers the stock attractive and recommends it with a Buy rating. The target price remains unchanged at USD 500.

Latest news about Meta Platforms, Inc.

Top Midday Stories: Nike Fiscal Q4 Revenue Falls; iPhone Shipments in China Up 40%; Uber, Lyft Settle Drivers Minimum Wage; Nokia Acquires Infinera	05:28pm	MT
S&P 500, Nasdaq hit all-time highs; Nike slides after bleak forecast	05:25pm	RE
EU seeks views on Microsoft, OpenAI, Google and Samsung deals, EU's Vestager says	03:31pm	RE
Would you like some more inflation?	01:56pm
Meta Platforms Open to Blocking News Content From Facebook in Australia	12:26pm	MT
Google, TikTok Ban Done Global's Ads	12:11pm	MT
Nine Entertainment to Cut 200 Jobs as Deal with Meta Ends	04:20am	MT
Meta says it may block news from Facebook in Australia	04:02am	RE
Communication Services Shares Rise on Big Cap Gains -- Communications Services Roundup	06-27	DJ
Wall Street closes subdued as investors sit, wait for inflation data	06-27	RE
Meta to Begin Testing AI Chatbots on Instagram	06-27	MT
Meta Platforms Faces Discrimination Lawsuit After US Appeals Court Ruling	06-27	MT
US Appeals Court Reverses Dismissal of Discrimination Lawsuit Against Meta Platforms	06-27	MT
US Appeals Court Reverses Dismissal of Discrimination Lawsuit Against Meta Platforms	06-27	MT
Meta must face lawsuit claiming it prefers foreign workers over US citizens	06-27	RE
META PLATFORMS MUST FACE LAWSUIT ALLEGING HIRING DISCRIMINATION…	06-27	RE
Wall St listless as eyes on crucial inflation data; Micron, Walgreens slump	06-27	RE
Meta Platforms Insider Sold Shares Worth $8,471,408, According to a Recent SEC Filing	06-27	MT
Meta Platforms Insider Sold Shares Worth $8,532,663, According to a Recent SEC Filing	06-27	MT
SoftBank to invest in search startup Perplexity AI at $3 bln valuation, Bloomberg reports	06-27	RE
US Supreme Court won't curb govt's social media contacts	06-26	RE
US Supreme Court won't curb Biden administration social media contacts	06-26	RE
AI dataset licensing companies form trade group	06-26	RE
Nasdaq ends higher on tech strength; Dow pulls back	06-25	RE
Coupang, Inc. Appoints Asha Sharma to Board of Directors	06-25	CI

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%).

Sector

Internet Services

Calendar

23/07/2024 - Q2 2024 Earnings Release (Projected)

Related indices

S&P 500

More about the company

Income Statement Evolution

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Ratings for Meta Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

519.6 USD

Average target price

522 USD

Spread / Average Target

+0.47%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Social Media & Networking

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Social Media & Networking

Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

META : Gets a Buy rating from Goldman Sachs

Latest news about Meta Platforms, Inc.

Chart Meta Platforms, Inc.

Company Profile

Income Statement Evolution

Ratings for Meta Platforms, Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Social Media & Networking