Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			After market 07:59:44 pm
441.4 ^USD	-10.56%		443.9	+0.58%

06:19am	EMEA Morning Briefing : Shares Set to Rise After Big Tech Earnings; Eyes on U.S. PCE Data	DJ
12:16am	US stocks fall on weak GDP growth but high inflation	RE

META : JP Morgan remains Neutral

April 28, 2022 at 11:21 am EDT

Initially Neutral on the company, JP Morgan's analyst Douglas Anmuth maintained his recommendation. The target price has been revised downwards and is now set at USD 275 as compared to USD 284 previously.

Latest news about Meta Platforms, Inc.

EMEA Morning Briefing : Shares Set to Rise After Big Tech Earnings; Eyes on U.S. PCE Data	12:19am	DJ
US stocks fall on weak GDP growth but high inflation	06:16pm	RE
Tech Drops After Meta Earnings, But Microsoft, Alphabet Rise After Hours - Tech Roundup	Apr. 25	DJ
Microsoft results top Wall Street targets, driven by AI investment	Apr. 25	RE
Meta Selloff, GDP Data Drag Equity Markets Lower	Apr. 25	MT
Meta Selloff, GDP Data Drag Equity Markets Lower	Apr. 25	MT
US Equity Markets Close Down Thursday Following Q1 GDP Report	Apr. 25	MT
Sector Update: Tech Stocks Mixed Late Afternoon	Apr. 25	MT
Meta Selloff, GDP Report Drag Equity Markets Lower	Apr. 25	MT
Meta Selloff, GDP Report Weigh on Equity Markets Intraday	Apr. 25	MT
Snap beats first-quarter expectations with ad platform improvements	Apr. 25	RE
US Equity Indexes Drop Amid Meta Sell-off as Treasury Yields Jump on Slower Growth, Inflation Uptick	Apr. 25	MT
Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields	Apr. 25	RE
Wall Street stocks fall as weak GDP growth spreads rate-cut gloom	Apr. 25	RE
Sector Update: Tech Stocks Mixed Thursday Afternoon	Apr. 25	MT
Sector Update: Tech	Apr. 25	MT
US Equity Indexes Decline, Treasury Yields Rise in Midday Trading	Apr. 25	MT
Slower-Than-Expected Economic Growth in Q1 Weighs on Exchange-Traded Funds, US Equities	Apr. 25	MT
Meta Platforms' AI Investments Likely to Drive More Durable Growth, Morgan Stanley Says	Apr. 25	MT
Top Midday Stories: Shares of Meta, IBM, Caterpillar, Comcast and Southwest Down Big Post-Earnings; AstraZeneca Shares See Post-Earnings Bump	Apr. 25	MT
Agency bars Chinese telecom carriers from offering US broadband services	Apr. 25	RE
Wall St loses over 1% amid fading rate-cut hopes	Apr. 25	RE
CAC40: manages to reduce losses at the end of the session	Apr. 25	CF
Burkina Faso army executed over 220 villagers in February, HRW says	Apr. 25	RE
CAC40: losses trimmed, rates remain at their zenith	Apr. 25	CF

Chart Meta Platforms, Inc.

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Company Profile

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

2024-05-29 - Annual General Meeting

Related indices

S&P 500

More about the company

Income Statement Evolution

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Analysis / Opinion

Why Shares of Meta Are Sinking After Earnings Report

April 24, 2024 at 05:14 pm EDT

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Ratings for Meta Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

441.4 USD

Average target price

524.4 USD

Spread / Average Target

+18.81%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Social Media & Networking

Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

META : JP Morgan remains Neutral

EPS Revisions