Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-25 pm EDT			After market 04:59:11 pm
441.4 ^USD	-10.56%		446.8	+1.24%

10:49pm	Meta Selloff, GDP Data Drag Equity Markets Lower	MT
10:23pm	US Equity Markets Close Down Thursday Following Q1 GDP Report	MT

META : UBS keeps its Buy rating

February 02, 2023 at 02:27 pm EST

UBS is positive on the stock with a Buy rating. The target price has been raised to USD 235 from USD 158.

Latest news about Meta Platforms, Inc.

Meta Selloff, GDP Data Drag Equity Markets Lower	04:49pm	MT
US Equity Markets Close Down Thursday Following Q1 GDP Report	04:23pm	MT
Sector Update: Tech Stocks Mixed Late Afternoon	04:19pm	MT
Meta Selloff, GDP Report Drag Equity Markets Lower	04:19pm	MT
Meta Selloff, GDP Report Weigh on Equity Markets Intraday	04:11pm	MT
Snap beats first-quarter expectations with ad platform improvements	04:10pm	RE
US Equity Indexes Drop Amid Meta Sell-off as Treasury Yields Jump on Slower Growth, Inflation Uptick	04:03pm	MT
Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields	03:04pm	RE
Wall Street stocks fall as weak GDP growth spreads rate-cut gloom	03:00pm	RE
Sector Update: Tech Stocks Mixed Thursday Afternoon	01:57pm	MT
Sector Update: Tech	01:55pm	MT
US Equity Indexes Decline, Treasury Yields Rise in Midday Trading	01:26pm	MT
Slower-Than-Expected Economic Growth in Q1 Weighs on Exchange-Traded Funds, US Equities	01:02pm	MT
Meta Platforms' AI Investments Likely to Drive More Durable Growth, Morgan Stanley Says	12:56pm	MT
Top Midday Stories: Shares of Meta, IBM, Caterpillar, Comcast and Southwest Down Big Post-Earnings; AstraZeneca Shares See Post-Earnings Bump	12:54pm	MT
Agency bars Chinese telecom carriers from offering US broadband services	12:09pm	RE
Wall St loses over 1% amid fading rate-cut hopes	12:04pm	RE
CAC40: manages to reduce losses at the end of the session	11:50am	CF
Burkina Faso army executed over 220 villagers in February, HRW says	11:41am	RE
CAC40: losses trimmed, rates remain at their zenith	11:31am	CF
UBS Adjusts Meta Platforms Price Target to $575 From $610, Maintains Buy Rating	11:26am	MT
Wall Street: Meta and GDP dampen spirits	11:06am	CF
Stocks in motion: Large caps struggle	11:04am
Net neutrality rules to be restored in US agency vote	11:04am	RE
Meta Platforms stock plunges with forecasts	10:37am	CF

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

More financial data

Analysis / Opinion

Why Shares of Meta Are Sinking After Earnings Report

April 24, 2024 at 05:14 pm EDT

More Strategies

Ratings for Meta Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

493.5 USD

Average target price

524.7 USD

Spread / Average Target

+6.32%

Consensus

EPS Revisions

Estimates Revisions

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 : UBS keeps its Buy rating

Latest news about Meta Platforms, Inc.

Chart Meta Platforms, Inc.

Company Profile

Income Statement Evolution

Analysis / Opinion

Ratings for Meta Platforms, Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Social Media & Networking