Meta Platforms

(NASDAQ:META)

Meta Platforms shares are trading higher amid comments from CEO Mark Zuckerberg at the DealBook Summit.

$118.10

8.64[7.89%]

At close: Nov 30(Delayed 15-Minutes)
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$118.50

0.4000[0.34%]

After Hours: 6:12PM EDT

Day Range109.38 - 118.16	52 Wk Range11.73 - 352.71	Open / Close109.51 / 118.1	Float / Outstanding2.2B / 2.7B
Vol / Avg.43.3M / 43.9M	Mkt Cap313.1B	P/E10.44	50d Avg. Price121.17
Div / Yield-	Payout Ratio-	Total Float2.2B	EPS1.64

Meta Platforms Stock (NASDAQ:META), Quotes and News Summary

Q: What sector and industry does Meta Platforms (META) operate in?

Meta Platforms is in the Communication Services sector and Interactive Media & Services industry. They are listed on the NASDAQ.

Meta Platforms Stock (NASDAQ: META) stock price, news, charts, stock research, profile.

Day Range109.38 - 118.16	52 Wk Range11.73 - 352.71	Open / Close109.51 / 118.1	Float / Outstanding2.2B / 2.7B
Vol / Avg.43.3M / 43.9M	Mkt Cap313.1B	P/E10.44	50d Avg. Price121.17
Div / Yield-	Payout Ratio-	Total Float2.2B	EPS1.64

Sector: Communication Services.Industry: Interactive Media & Services

Meta is the world's largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Meta refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Meta operates at a 30%-plus margin.

Earnings

Q4 2022		Est.		Actual		Surprise
EPS		(EXPECTED)2023-02-01
REV		(EXPECTED)2023-02-01

Q3 2022		Est.		Actual		Surprise
EPS		1.910		1.640		-0.2700
REV		27.530B		27.714B		184.000M

Analyst Ratings

Date	Analyst Firm	Analyst Name	Action	Rating	Action Price	Prior Price	Target

How do I buy Meta Platforms (META) stock?

You can purchase shares of Meta Platforms (NASDAQ: META) through any online brokerage.

View our list of the best stock brokerages.

Who are Meta Platforms's (META) competitors?

Other companies in Meta Platforms’s space includes: ZipRecruiter (NYSE:ZIP), Cars.com (NYSE:CARS), Alphabet (NASDAQ:GOOGL), TripAdvisor (NASDAQ:TRIP) and Getty Images Holdings (NYSE:GETY).

What is the target price for Meta Platforms (META) stock?

The latest price target for Meta Platforms (NASDAQ: META) was reported by Morgan Stanley on Tuesday, November 15, 2022. The analyst firm set a price target for 100.00 expecting META to fall to within 12 months (a possible -15.33% downside). 135 analyst firms have reported ratings in the last year.

Current Stock Price for Meta Platforms (META)?

The stock price for Meta Platforms (NASDAQ: META) is $118.1 last updated Today at November 30, 2022, 9:00 PM UTC.

Does Meta Platforms (META) pay a dividend?

There are no upcoming dividends for Meta Platforms.

When is Meta Platforms (NASDAQ:META) reporting earnings?

Meta Platforms’s Q4 earnings are confirmed for Wednesday, February 1, 2023.

Is Meta Platforms (META) going to split?

There is no upcoming split for Meta Platforms.

What sector and industry does Meta Platforms (META) operate in?

Meta Platforms is in the Communication Services sector and Interactive Media & Services industry. They are listed on the NASDAQ.

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