Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-07-15 pm EDT			Pre-market 09:01:36 am
496.2 ^USD	-0.39%		497.7	+0.32%

12:27pm	META : JP Morgan reiterates its Buy rating	ZD
09:34am	Meta Platforms Insider Sold Shares Worth $4,531,258, According to a Recent SEC Filing	MT

META : JP Morgan reiterates its Buy rating

July 16, 2024 at 06:27 am EDT

In a research note published by Douglas Anmuth, JP Morgan advises its customers to buy the stock. The target price is unchanged at USD 480.

Latest news about Meta Platforms, Inc.

META : JP Morgan reiterates its Buy rating	06:27am	ZD
Meta Platforms Insider Sold Shares Worth $4,531,258, According to a Recent SEC Filing	03:34am	MT
Meta Platforms Insider Sold Shares Worth $7,487,265, According to a Recent SEC Filing	03:31am	MT
Trump VP pick supports Big Tech antitrust crackdown	06:20pm	RE
Avangrid, Inc. Produces First Energy from True North Solar Project in Texas, Construction Continues on Schedule	Jul. 15	CI
UBS Adjusts Meta Platforms Price Target to $630 From $575, Maintains Buy Rating	Jul. 15	MT
Microsoft, Alphabet Among Expected Standouts in Q2 Tech Earnings Season, Wedbush Says	Jul. 15	MT
Global markets live: Airbus, Burberry, AT&T, Boeing, Vinfast...	Jul. 15
Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Monday; Trump Media & Technology Group, Tesla to Open Higher	Jul. 15	MT
Brace for a flurry of speeches from Fed officials	Jul. 15
European regulators crack down on Big Tech	Jul. 15	RE
OpenAI working on new reasoning technology under code name 'Strawberry'	Jul. 15	RE
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

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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Ratings for Meta Platforms, Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

496.2 USD

Average target price

530.5 USD

Spread / Average Target

+6.91%

Consensus

EPS Revisions

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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 : JP Morgan reiterates its Buy rating

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