Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 04:15:00 2024-05-03 pm EDT			After market 07:59:41 pm
452 ^USD	+2.33%		452.5	+0.12%

May. 03	Tech platforms make pitch for ad deals as TikTok is roiled by politics	RE
May. 03	Google trial wraps up as judge weighs landmark US antitrust claims	RE

META : UBS reaffirms its Buy rating

April 25, 2024 at 02:42 am EDT

UBS analyst Stephen Ju maintains his Buy rating on the stock. The target price continues to be set at USD 610.

Latest news about Meta Platforms, Inc.

Tech platforms make pitch for ad deals as TikTok is roiled by politics	May. 03	RE
Google trial wraps up as judge weighs landmark US antitrust claims	May. 03	RE
Apple aims to tell an AI story without AI bills	May. 03	RE
US judge questions Google, DOJ in market power trial closing	May. 02	RE
Shareholder Association for Research and Education Files an Exempt Solicitation Statement with Securities and Exchange Commission	May. 02	CI
Powell did it again	May. 02
Hungary's media-savvy newcomer aims to disrupt political status quo	May. 02	RE
Tech giants' market cap falls on AI doubts, high rates; Alphabet, Tesla gain	May. 02	RE
Phillip Securities Adjusts Price Target on Meta Platforms to $510 From $520	May. 02	MT
BNP Paribas Exane Initiates Meta Platforms With Underperform Rating, $360 Price Target	May. 02	MT
ANALYST RECOMMENDATIONS : AT&T, IBM, Meta Platforms, Starbucks, Netflix...	May. 02
Several injured as missile hits Odesa post depot - authorities	May. 02	RE
Apple set for big sales decline as investors await AI in iPhones	May. 01	RE
Meta Platforms' Quest 3 Set to Offer 'Batman: Arkham Shadow' in Late 2024	May. 01	MT
Apple set for big sales decline as investors await AI in iPhones	May. 01	RE
Loop Capital Adjusts Meta Platforms' Price Target to $550 From $555, Keeps Buy Rating	May. 01	MT
Investors scour the globe for shelter as Wall Street shakes	May. 01	RE
News Highlights : Top Company News of the Day - Tuesday at 9 PM ET	Apr. 30	DJ
Tech Slides on Fed Trepidation -- Tech Roundup	Apr. 30	DJ
News Highlights : Top Company News of the Day - Tuesday at 5 PM ET	Apr. 30	DJ
News Highlights : Top Company News of the Day - Tuesday at 7 PM ET	Apr. 30	DJ
Pinterest forecasts quarterly revenue above estimates on robust ad spend	Apr. 30	RE
Delaware Judge Dismisses Complaint Against Meta Platforms	Apr. 30	MT
Delaware Judge Dismisses Complaint Against Meta Platforms	Apr. 30	MT
Delaware Judge Dismisses Complaint Against Meta Platforms	Apr. 30	MT

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

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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

452 USD

Average target price

518.4 USD

Spread / Average Target

+14.69%

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 reaffirms 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