Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:04 2024-07-12 pm EDT			After market 07:59:44 pm
498.1 ^USD	-2.84%		499.7	+0.33%

Jul. 12	Meta Removes Heightened Suspension Penalties From Donald Trump's Accounts	DJ
Jul. 12	OpenAI working on new reasoning technology under code name 'Strawberry'	RE

META : Gets a Buy rating from RBC

January 29, 2024 at 09:47 am EST

RBC analyst Brad Erickson maintains his Buy rating on the stock. The target price remains unchanged at USD 400.

Latest news about Meta Platforms, Inc.

Meta Removes Heightened Suspension Penalties From Donald Trump's Accounts	Jul. 12	DJ
OpenAI working on new reasoning technology under code name 'Strawberry'	Jul. 12	RE
Meta to reinstate Trump's Facebook, Instagram accounts in coming weeks	Jul. 12	RE
Sector Update: Energy Stocks Advance Late Afternoon	Jul. 12	MT
Dow hits record high, small caps jump on rate-cut bets; bank results mixed	Jul. 12	RE
Musk's X charged with deceiving users, risks fine, EU says	Jul. 12	RE
Canada Goose Holdings Inc. Announces Executive Changes	Jul. 12	CI
Musk's X breached DSA online content rules, EU says	Jul. 12	RE
Australia to bring anti-scam law targeting internet giants this year, regulator says	Jul. 12	RE
Nasdaq plunges as investors rotate out of Big Tech	Jul. 11	RE
Black Hills to Power Meta Platforms' New Data Center in Wyoming	Jul. 11	MT
UK reality TV 'finfluencers' face 2027 trial on investment charges	Jul. 11	RE
Futures edge lower ahead of rally-testing inflation data	Jul. 11	RE
European regulators crack down on Big Tech	Jul. 11	RE
Meta Platforms Insider Sold Shares Worth $8,864,584, According to a Recent SEC Filing	Jul. 11	MT
ANALYST RECOMMENDATIONS : Amazon, Meta Platforms, KKR, Evercore, Prudential...	Jul. 10
Megacaps boost futures as Wall Street stays upbeat ahead of data, earnings	Jul. 10	RE
Futures higher as Nvidia, other megacaps build on gains	Jul. 10	RE
TD Cowen Adjusts Price Target on Meta Platforms to $600 From $530, Keeps Buy Rating	Jul. 10	MT
A big fat Indian wedding for the Ambani family to snarl Mumbai traffic	Jul. 10	RE
Sector Update: Tech Stocks Retreat in Late Afternoon Trading	Jul. 09	MT
Sector Update: Tech	Jul. 09	MT
Meta: video capacity freed up with Vodafone's help	Jul. 09	CF
Chip stocks, megacaps steer S&P 500, Nasdaq to record highs	Jul. 09	RE
Meta expands hate speech policy to remove more posts targeting 'Zionists'	Jul. 09	RE

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

2024-07-30 - Q2 2024 Earnings Release

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S&P 500

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

498.9 USD

Average target price

527.8 USD

Spread / Average Target

+5.79%

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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 RBC

Latest news about Meta Platforms, Inc.

Chart Meta Platforms, Inc.

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Income Statement Evolution

Ratings for Meta Platforms, Inc.

Analysts' Consensus

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Quarterly earnings - Rate of surprise

Sector Social Media & Networking