Meta Platforms, Inc.

US30303M1027

Internet Services

Real-time Estimate Cboe BZX Other stock markets 09:33:31 2024-05-09 am EDT			5-day change	1st Jan Change
470.8 ^USD	-0.38%		+7.61%	+33.52%

02:02pm	TikTok to label AI-generated images, video from OpenAI and elsewhere	RE
12:25pm	How dependent is China on US artificial intelligence technology?	RE

Meta Platforms, Inc. Provides Earnings Guidance for the Second Quarter of 2022

April 27, 2022 at 04:05 pm EDT

Meta Platforms, Inc. provided earnings guidance for the second quarter of 2022. The company expects second quarter 2022 total revenue to be in the range of $28 billion -$30 billion.

Latest news about Meta Platforms, Inc.

TikTok to label AI-generated images, video from OpenAI and elsewhere	08:02am	RE
How dependent is China on US artificial intelligence technology?	06:25am	RE
News Highlights : Top Company News of the Day - Wednesday at 1 PM ET	May. 08	DJ
DBS Bank Adjusts Price Target on Meta Platforms to $540 From $580, Keeps Buy Rating	May. 08	MT
Singapore suspends F-16 training after plane crash on Wednesday	May. 08	RE
News Highlights : Top Company News of the Day - Wednesday at 11 AM ET	May. 08	DJ
Google fights $17 bln UK lawsuit over adtech practices	May. 08	RE
Meta Expanding Suite of AI Products for Advertisers	May. 08	MT
Hungary will stay out of NATO's 'crazy mission' to aid Ukraine, foreign minister says	May. 08	RE
Turkey's competition board to fine Meta $37.2 million in data-sharing probe	May. 08	RE
News Highlights : Top Company News of the Day - Wednesday at 9 AM ET	May. 08	DJ
Mickey Mouse on Wall Street	May. 08
Meta Launches New AI Tools for Advertisers	May. 08	DJ
Reddit shares soar as earnings show advertising, AI licensing revenue potential	May. 08	RE
Factbox-European regulators crack down on Big Tech	May. 08	RE
AI boom set to fuel data centre deals in Asia this year	May. 07	RE
Arista Networks projects Q2 revenue above estimates	May. 07	RE
Match Group expects quarterly revenue below estimates as spending on dating apps falls	May. 07	RE
S&P, Dow end higher to extend streaks, despite Disney drag	May. 07	RE
Meta to expand AI image generation offerings for ads	May. 07	RE
TikTok Sues US Government	May. 07	MT
TikTok Sues US Government, New York Times Says	May. 07	MT
Wall Street extends gains as rate-cut hopes linger	May. 07	RE
TikTok, ByteDance sue to block US law seeking sale or ban of app	May. 07	RE
Presbyterian Church Files an Exempt Solicitation Statement with Securities and Exchange Commission	May. 07	CI

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

472.6 USD

Average target price

520.5 USD

Spread / Average Target

+10.13%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Social Media & Networking

	1st Jan change	Capi.
META PLATFORMS, INC.	+33.52%	1,199B
KUAISHOU TECHNOLOGY	+9.25%	31.61B
TENCENT MUSIC ENTERTAINMENT GROUP	+47.06%	20.65B
MATCH GROUP, INC.	-18.30%	7.92B
WEIBO CORPORATION	-13.79%	2.3B
BUMBLE INC.	-30.33%	1.3B
NEXTDOOR HOLDINGS, INC.	+30.16%	960M
GREE, INC.	-10.70%	522M
ZIGEXN CO., LTD.	+3.95%	370M
NEW WORK SE	-27.41%	352M

Social Media & Networking