Meta Platforms logo

Meta PlatformsNASDAQ: META

Profile

Country:

United States

IPO:

18 May 2012

Next earnings report:

25 October 2024

Last dividends:

16 September 2024

Next dividends:

N/A
$1433.37 B
0%vs. 3y high
100%vs. sector
-23%vs. 3y high
67%vs. sector
0%vs. 3y high
94%vs. sector
-1%vs. 3y high
97%vs. sector

Price

after hours | Fri, 27 Sep 2024 23:59:59 GMT
$566.59-$1.21(-0.21%)
$39.07 B$40.14 B
$39.07 B$13.46 B

Analysts recommendations

Institutional Ownership

META Latest News

Meta Connect 2024 Shows Long-Term Moat Building By Innovation
seekingalpha.com28 September 2024 Sentiment: -

Key elements from Meta Connect 2024 included a cheap VR headset, advancements in AI translation, a shift toward a luxury tech company, and Orion AR glasses. The company is building a distinct moat in AR and VR and is positioning itself to be the leader in AI models. Meta is paying now to be rewarded later. Management has to be careful not to create further issues with social disruption with VR initiatives. I am more bullish on its AR offerings for their facilitation of organic interaction.

Why Meta Platforms Stock Just Hit an All-Time High and Could Be Headed Higher
fool.com28 September 2024 Sentiment: POSITIVE

Meta is doing better than its "Magnificent Seven" competitors. By the end of the year, Meta AI is expected to become the most popular AI assistant.

Meta Handed $100 Million Fine in Ireland Over Password Storage
wsj.com27 September 2024 Sentiment: NEGATIVE

Ireland's data protection authority imposed a fine on Meta Platforms because the owner of Facebook and Instagram kept some users' passwords in its internal systems without adequate security measures.

Meta Stock Regains Outlier Status
fxempire.com27 September 2024 Sentiment: POSITIVE

Meta Platforms Inc. (META) is a major company in social media, advertising, and artificial intelligence.

Meta's "Impressive" AR Tech Faces Long Road to Affordability
youtube.com27 September 2024 Sentiment: POSITIVE

A.I. is definitely going to be a part of our future, and Sean Gorman, the CEO of Zephr.xyz, appreciates Meta Platforms (META) for their work on the Orion Glasses. However, he believes that the company still has a lot of progress to make in making augmented reality technology affordable for everyday users.

Meta's AI spend signals sustained revenue growth: Analyst
youtube.com27 September 2024 Sentiment: POSITIVE

The market for wearable technology is growing, and Meta (META) has just introduced new AR glasses called "Orion." RBC Capital Markets equity analyst Brad Erickson discusses how this type of investment might affect major tech firms.

Meta hit with $102 million privacy fine from European Union over 2019 password security lapse
techxplore.com27 September 2024 Sentiment: NEGATIVE

On Friday, Meta was fined over $100 million by the European Union's privacy regulator due to a security issue related to Facebook users' passwords. This penalty was a result of a failure to protect user information properly.

Meta fined $101.5M for 2019 breach that exposed hundreds of millions of Facebook passwords
techcrunch.com27 September 2024 Sentiment: NEGATIVE

Adjust your schedules: Meta has received another privacy fine in Europe. On Friday, Ireland's Data Protection Commission (DPC) revealed a warning and a €91 million penalty—approximately $101.5 million—following a lengthy investigation into a security breach from 2019 involving Facebook's parent company.

Trade Tracker: Kevin Simpson buys Meta
youtube.com27 September 2024 Sentiment: POSITIVE

Kevin Simpson, the founder and Chief Investment Officer of Capital Wealth Planning, appears on CNBC's "Halftime Report" to discuss his reasons for investing in Meta.

Analysts Say Meta's Ambitions Make It a Top AI Pick
investopedia.com26 September 2024 Sentiment: POSITIVE

Analysts from JPMorgan and Jefferies have stated that Meta's (META) goals in AI and the metaverse position it as a leading choice. This comes after the company's keynote at the Connect event on Wednesday, where they introduced various new products and AI capabilities.

What type of business is Meta Platforms?

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California

What sector is Meta Platforms in?

Meta Platforms is in the Communication Services sector

What industry is Meta Platforms in?

Meta Platforms is in the Internet Content & Information industry

What country is Meta Platforms from?

Meta Platforms is headquartered in United States

When did Meta Platforms go public?

Meta Platforms initial public offering (IPO) was on 18 May 2012

What is Meta Platforms website?

https://investor.fb.com

Is Meta Platforms in the S&P 500?

Yes, Meta Platforms is included in the S&P 500 index

Is Meta Platforms in the NASDAQ 100?

Yes, Meta Platforms is included in the NASDAQ 100 index

Is Meta Platforms in the Dow Jones?

No, Meta Platforms is not included in the Dow Jones index

When was Meta Platforms the previous earnings report?

No data

When does Meta Platforms earnings report?

The next expected earnings date for Meta Platforms is 25 October 2024