Key Details
Price
$569.99Last Dividend
$0.50TTM Dividend Yield
0.18%Annual ROE
28.04%Beta
1.56Events Calendar
Next earnings date:
Jan 31, 2025Recent quarterly earnings:
Oct 30, 2024Recent annual earnings:
Feb 01, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Sept 16, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
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Institutional Ownership
I wish I hadn't sold Meta Platforms so soon, as I lost the chance to benefit from a big increase in share prices, which rose from $98.45 to $559.60. The company's quarterly revenue reached a record $40.59 billion, mainly due to a rise in advertising income and an increase in users, particularly on the Threads platform. Even with significant losses in Reality Labs, Meta is still a good investment because of its strong cash flow and high returns for shareholders.
Meta Platforms Inc., previously known as Facebook, has become a well-known name in social media since its IPO in 2012. An investment of $1,000 in META stock at that time would now be worth over $15,000, reflecting a significant increase. The company is now focusing on artificial intelligence and has announced plans to start paying dividends, while also facing legal challenges and expanding its AI initiatives.
A court in Madrid has scheduled a trial for October 2025 regarding a lawsuit worth 550 million euros. This lawsuit has been filed by over 80 Spanish media companies against Meta, the owner of Facebook, for supposedly breaking EU data protection laws.
Meta Platforms (META -0.70%) is clearly a top player in the technology and internet sectors. It has achieved remarkable success and has consistently rewarded its long-term investors, which continues to be the case today.
Every three months, investment firms that manage more than $100 million must submit a form 13F to the Securities and Exchange Commission (SEC). I view 13Fs as a detailed list showing the stocks that Wall Street is purchasing and selling.
DitchIt, a new local marketplace, has launched in New York City with a striking advertisement in Times Square. This important step helps the company establish itself in the largest city in the United States.
Meta Platforms (META) earns 98% of its income from advertising, but Megan Brantley from @LikeFolio points out that the growth of ads on Facebook and Instagram is slowing down. Despite this, the company plans to focus on increasing ad revenue by utilizing generative A.I.
These three top-notch AI stocks are expected to rise significantly in the next few months.
Meta Platforms' stock has fallen since October 2024, but recent drops and solid Q3 earnings indicate it might be a good time to buy. The company reported earnings of $6.03 per share, which exceeded expectations by 14.86%, showing a strong growth rate of 37.36%. Even with some operational challenges, Meta's future price-earnings ratios look appealing compared to its MAG-7 competitors, suggesting it could offer better returns.
Meta's advertising business is still very important, benefiting from better ad-targeting thanks to AI. The company is using an open-source AI approach with the Llama model to attract developers quickly, which boosts the value of its platform and strengthens its competitive position. Although Reality Labs is seeing revenue growth, it continues to face large losses, yet Meta's valuation indicates a target price of $987 per share, which is 78% higher than its current price.
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