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Meta Platforms, Inc.META
472.60USD
+4.36 (0.93%)
May 8, 2024, 4:00 PM - At close
471.10USD
-1.50 (-0.32%)
May 9, 2024, 8:09 AM EDT - Until the end
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Overview >
Market Cap
1.20T
Revenue (ttm)
142.71B
Net Income (ttm)
45.76B
Shares Out
2.54B
EPS (ttm)
17.39
PE Ratio
27.18
Forward PE
22.45
Dividend
$0.50 (0.11%)
Ex-Dividend Date
Feb 21, 2024
Volume
11,597,158
Open
463.50
Previous Close
468.24
Day's Range
463.00 - 475.58
52-Week Range
230.72 - 531.49
Beta
1.21
Analysts
Strong Buy
Price Target
495.18 (+4.78%)
Earnings Date
Apr 24, 2024
Description >

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.

Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.

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