Meta Platforms, Inc.

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 16:00:00 2024-07-16 EDT			After market 19:59:40
489.8 ^USD	-1.28%		486.5	-0.66%

01:28am	Trump says 'I'm for TikTok' as potential US ban looms	RE
07-16	Dow, small caps rally as rate-cuts bets hold firm	RE

META : Jefferies reaffirms its Buy rating

January 30, 2023 at 07:22 am

In a research note published by Brent Thill, Jefferies advises its customers to buy the stock. The target price is being increased from USD 155 to USD 175.

Latest news about Meta Platforms, Inc.

Trump says 'I'm for TikTok' as potential US ban looms	07:28pm	RE
Dow, small caps rally as rate-cuts bets hold firm	07-16	RE
EssilorLuxottica Awaits EU AI Act Decision for AI Meta Ray-Ban Launch	07-16	MT
Strategy: Is China becoming unattractive again with Trump and Vance?	07-16
META : UBS reiterates its Buy rating	07-16	ZD
New Ray-Ban Meta glasses have outsold previous version, Essilux CEO says	07-16	RE
META : JP Morgan reiterates its Buy rating	07-16	ZD
Meta Platforms Insider Sold Shares Worth $4,531,258, According to a Recent SEC Filing	07-16	MT
Meta Platforms Insider Sold Shares Worth $7,487,265, According to a Recent SEC Filing	07-16	MT
Trump VP pick supports Big Tech antitrust crackdown	07-15	RE
Avangrid, Inc. Produces First Energy from True North Solar Project in Texas, Construction Continues on Schedule	07-15	CI
UBS Adjusts Meta Platforms Price Target to $630 From $575, Maintains Buy Rating	07-15	MT
Microsoft, Alphabet Among Expected Standouts in Q2 Tech Earnings Season, Wedbush Says	07-15	MT
Global markets live: Airbus, Burberry, AT&T, Boeing, Vinfast...	07-15
Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Monday; Trump Media & Technology Group, Tesla to Open Higher	07-15	MT
Brace for a flurry of speeches from Fed officials	07-15
European regulators crack down on Big Tech	07-15	RE
OpenAI working on new reasoning technology under code name 'Strawberry'	07-15	RE
Meta Removes Heightened Suspension Penalties From Donald Trump's Accounts	07-12	DJ
OpenAI working on new reasoning technology under code name 'Strawberry'	07-12	RE
Meta to reinstate Trump's Facebook, Instagram accounts in coming weeks	07-12	RE
Sector Update: Energy Stocks Advance Late Afternoon	07-12	MT
Dow hits record high, small caps jump on rate-cut bets; bank results mixed	07-12	RE
Musk's X charged with deceiving users, risks fine, EU says	07-12	RE
Canada Goose Holdings Inc. Announces Executive Changes	07-12	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

2024-07-30 - Q2 2024 Earnings Release

Related indices

S&P 500

More about the company

Income Statement Evolution

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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

489.8 USD

Average target price

530.5 USD

Spread / Average Target

+8.30%

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 : Jefferies reaffirms its Buy rating

Latest news about Meta Platforms, Inc.

Chart Meta Platforms, Inc.

Company Profile

Income Statement Evolution

Ratings for Meta Platforms, Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Social Media & Networking