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Meta Platforms NasdaqGS:META Stock Report

Last Price

US$632.68

Market Cap

US$1.6t

7D

3.1%

1Y

89.0%

Updated

11 Dec, 2024

Data

Company Financials +

Meta Platforms, Inc.

NasdaqGS:META Stock Report

Market Cap: US$1.6t

META Stock Overview

Engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. More details

META fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance6/6
Financial Health5/6
Dividends0/6

Rewards

Trading at 22.4% below our estimate of its fair value

Earnings are forecast to grow 10.91% per year

Earnings grew by 86.8% over the past year

Risk Analysis

Significant insider selling over the past 3 months


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

YI
yiannisz
Community Contributor

Meta’s Bold Bet on AI Pays Off

Meta Platforms, Inc. (META) announced very strong Q3 2024 results underlined by revenue growth and a strong commitment to AI and the metaverse.
View narrative
US$723.11
FV
12.5% undervalued intrinsic discount
10.00%
Revenue growth p.a.
2users have liked this narrative
0users have commented on this narrative
7users have followed this narrative
about 1 month ago author updated this narrative
WA
Analyst Price Target
Consensus Narrative from 61 Analysts

Innovation In AI And AR Paves Path To Dynamic Digital Future

Key Takeaways AI-driven enhancements and emerging technologies are boosting engagement, monetization, and future revenue streams beyond traditional social media. Investments in AI infrastructure and emerging products are poised to enhance margins, operational efficiency, and long-term earnings potential.
View narrative
US$649.01
FV
2.5% undervalued intrinsic discount
13.18%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
83users have followed this narrative
Updated narrative
BA
Bailey
Equity Analyst

Reality Labs Will Be A Costly And Unfruitful Bet, Impacting Earnings Power

Key Takeaways Reality Labs will continue to see underwhelming active user numbers despite unit sales growth Metaverse software like Horizon Worlds will struggle to take off due to concerns of an overly digital modern world Developer support for Metaverse apps will remain weak New user data measures will impact targeted advertising effectiveness Cost of revenue will increase on ad-related revenue streams due to a switch to AI Apps like Instagram and Facebook will begin to see a plateau in user growth in the US and Europe Catalysts Reality Labs & The Metaverse Is A High-Cost Bet with Diminishing Returns The company formerly known as Facebook took an undeniably ambitious leap into the future with its transformation into a metaverse-focused company. The strategic realignment was so significant, that the company decided to abandon the name it was known throughout the world as to now be known as Meta Platforms.
View narrative
US$527.02
FV
20.0% overvalued intrinsic discount
6.29%
Revenue growth p.a.
33users have liked this narrative
0users have commented on this narrative
8users have followed this narrative
3 months ago author updated this narrative
ST
StjepanK
Equity Analyst and Writer

Advertising, AI and Hardware Will Push Revenues and Earnings Higher

Key Takeaways Meta can maintain social media dominance via new products, AI and continued advertising trends. Its LlaMA models are more adaptable and customizable, which will drive developer adoption.
View narrative
US$501.00
FV
26.3% overvalued intrinsic discount
14.00%
Revenue growth p.a.
47users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
3 months ago author updated this narrative

Meta Platforms, Inc. Competitors

Netflix

NasdaqGS:NFLX

US$390.4b

Alphabet

NasdaqGS:GOOGL

US$2.3t

Microsoft

NasdaqGS:MSFT

US$3.3t

Apple

NasdaqGS:AAPL

US$3.7t

Price History & Performance

Summary of share price highs, lows and changes for Meta Platforms
Historical stock prices
Current Share PriceUS$632.68
52 Week HighUS$629.79
52 Week LowUS$328.64
Beta1.2
1 Month Change8.49%
3 Month Change20.37%
1 Year Change89.01%
3 Year Change85.18%
5 Year Change212.43%
Change since IPO1,554.85%

Recent News & Updates

Meta: Potential TikTok Ban Is A Major Catalyst; Upgrade To 'Strong Buy'

Dec 09

Meta: Innovation Keeps Snowballing

Dec 02

Here's Why We Think Meta Platforms (NASDAQ:META) Might Deserve Your Attention Today

Nov 26
Here's Why We Think Meta Platforms (NASDAQ:META) Might Deserve Your Attention Today

Recent updates

Meta: Potential TikTok Ban Is A Major Catalyst; Upgrade To 'Strong Buy'

Dec 09

Meta: Innovation Keeps Snowballing

Dec 02

Here's Why We Think Meta Platforms (NASDAQ:META) Might Deserve Your Attention Today

Nov 26
Here's Why We Think Meta Platforms (NASDAQ:META) Might Deserve Your Attention Today

Meta: The Open-Source AI Bet That Could Change The Game

Nov 22

Is It Too Late To Consider Buying Meta Platforms, Inc. (NASDAQ:META)?

Nov 14
Is It Too Late To Consider Buying Meta Platforms, Inc. (NASDAQ:META)?

Meta Platforms Q3: Significant Near-Term Downside Volatility Is Likely

Nov 11

Results: Meta Platforms, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 02
Results: Meta Platforms, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Meta: AI Train Isn't Slowing Down Anytime Soon

Nov 02

Meta Platforms: 4 Key Verticals To Monitor In The Q3 Earnings Report

Oct 27

The Price Is Right For Meta Platforms, Inc. (NASDAQ:META)

Oct 25
The Price Is Right For Meta Platforms, Inc. (NASDAQ:META)

Meta Platforms: It Is Not Time To Jump On To The AI Hype Train

Oct 21

A Look Into Meta Platforms' (NASDAQ:META) Impressive Returns On Capital

Oct 13
A Look Into Meta Platforms' (NASDAQ:META) Impressive Returns On Capital

Meta's Q3: A Make-Or-Break Moment

Oct 11

Meta: No Upside Left

Oct 03

Meta And Its Potentially Game Changer AI

Sep 26

Meta Platforms Gains From TikTok's Pains

Sep 20

Does Meta Platforms (NASDAQ:META) Have A Healthy Balance Sheet?

Sep 12
Does Meta Platforms (NASDAQ:META) Have A Healthy Balance Sheet?

Meta Platforms: A Reflection On A Mistake

Sep 09

Meta Set For A Breakout

Sep 02

Meta Platforms: Rapid Monetization Of AI Investment Makes It Very Attractive

Aug 26

Meta Platforms: It's Now Or Never

Aug 20

If EPS Growth Is Important To You, Meta Platforms (NASDAQ:META) Presents An Opportunity

Aug 19
If EPS Growth Is Important To You, Meta Platforms (NASDAQ:META) Presents An Opportunity

Meta Platforms: AI Strategy Is Correct, But There's No Free Lunch

Aug 13

Meta Platforms, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 05
Meta Platforms, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Meta Q2 Earnings: Raising Capex Outlook Amid Advertising Softness

Aug 04

Is It Too Late To Consider Buying Meta Platforms, Inc. (NASDAQ:META)?

Jul 30
Is It Too Late To Consider Buying Meta Platforms, Inc. (NASDAQ:META)?

Meta's Open-Source AI Strategy Means It Could Develop AGI First

Jul 27

Meta Platforms' Q2: What To Expect And What To Watch

Jul 21

Meta Platforms: Don't Bet Against Double-Compounding

Jul 14

Meta: Monetizing Next Round Of Capex Could Push Stock Higher

Jul 08

Meta Platforms (NASDAQ:META) Knows How To Allocate Capital

Jul 02
Meta Platforms (NASDAQ:META) Knows How To Allocate Capital

Meta's Unbelievable Moat Makes It Our Favorite Long-Term Big Tech Buy

Jul 01

Mea Culpa: I Was Wrong About Meta, But I'll Correct That Now

Jun 23

Estimating The Intrinsic Value Of Meta Platforms, Inc. (NASDAQ:META)

Jun 19
Estimating The Intrinsic Value Of Meta Platforms, Inc. (NASDAQ:META)

Meta: Regression Analysis Shows Double Digit Price Growth By 2027

Jun 11

Meta Cannot Lose VR Money Forever

Jun 04

Meta: Near-Term Spending To Bear Long-Term Fruit; Buy The Dip

May 28

Why Investors Shouldn't Be Surprised By Meta Platforms, Inc.'s (NASDAQ:META) P/E

May 23
Why Investors Shouldn't Be Surprised By Meta Platforms, Inc.'s (NASDAQ:META) P/E

Meta Platforms: Wall Street Is Wrong - Aggressive AI Investment And Unfettered Bullishness

May 07

Meta Platforms: Why The Selloff Is Unjustified

Apr 30

Shareholder Returns

METAUS Interactive Media and ServicesUS Market
7D3.1%7.9%-0.2%
1Y89.0%57.5%28.8%

Return vs Industry: META exceeded the US Interactive Media and Services industry which returned 57.5% over the past year.

Return vs Market: META exceeded the US Market which returned 28.8% over the past year.

Price Volatility

Is META's price volatile compared to industry and market?
META volatility
META Average Weekly Movement3.5%
Interactive Media and Services Industry Average Movement8.1%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: META has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: META's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200472,404Mark Zuckerberginvestor.fb.com

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

Meta Platforms, Inc. Fundamentals Summary

How do Meta Platforms's earnings and revenue compare to its market cap?
META fundamental statistics
Market capUS$1.56t
Earnings (TTM)US$55.54b
Revenue (TTM)US$156.23b

28.8x

P/E Ratio

10.2x

P/S Ratio

Is META overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
META income statement (TTM)
RevenueUS$156.23b
Cost of RevenueUS$28.90b
Gross ProfitUS$127.33b
Other ExpensesUS$71.79b
EarningsUS$55.54b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)22.00
Gross Margin81.50%
Net Profit Margin35.55%
Debt/Equity Ratio17.5%

How did META perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

7%

Payout Ratio

Does META pay a reliable dividends?

See META dividend history and benchmarks
When do you need to buy META by to receive an upcoming dividend?
Meta Platforms dividend dates
Ex Dividend DateDec 16 2024
Dividend Pay DateDec 27 2024
Days until Ex dividend4 days
Days until Dividend pay date15 days

Does META pay a reliable dividends?

See META dividend history and benchmarks