FMP
Meta Platforms, Inc.
META
NASDAQ
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. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
547.27 USD
14.12 (2.58%)
Latest meta News
Davit Kirakosyan
7 days ago
Scotiabank Slashes Meta’s Price Target Amid Ad Weakness and Regulatory Pressure
Scotiabank reduced its price target on Meta Platforms (NASDAQ:META) to $525 from $627, while maintaining a Sector Perform rating, citing a convergence of headwinds weighing on the stock. Meta shares have fallen roughly 16% year-to-date as investors react to a combination of macro uncertainty, weakening digital ad trends, and the sharp pullback in ad spending from Chinese e-commerce players—most notably Temu, which had accounted for about 5-6% of Meta’s revenue. Data from app stores suggests a st...
Parth Sanghvi
Apr 16, 2025
Zuckerberg Considered Spinning Off Instagram Amid Antitrust Fears, Trial Reveals
Meta Platforms CEO Mark Zuckerberg once seriously considered spinning off Instagram, citing rising antitrust risks—a move that has resurfaced in a high-stakes trial now underway in Washington, D.C. Trial Unveils Internal Concerns Over Antitrust Pressure During the second day of testimony in the U.S. Federal Trade Commission’s (FTC) bid to unwind Meta’s acquisitions of Instagram and WhatsApp, prosecutors introduced a 2018 internal memo authored by Zuckerberg. In it, the CEO floated the radi...
Parth Sanghvi
Apr 7, 2025
Meta Unveils Llama 4 Scout and Maverick, Sets Sights on AI Supremacy
Introduction Meta Platforms (NASDAQ:META) has officially launched Llama 4 Scout and Llama 4 Maverick, positioning them as its most advanced multimodal AI models to date. In a rapidly evolving AI race, these models are Meta’s response to OpenAI’s dominance with ChatGPT—and they’re not holding back. Key Highlights Multimodal AI Capabilities: Llama 4 Scout and Maverick can process and generate text, video, images, and audio, making them highly adaptable across creative, analytical, and en...
Davit Kirakosyan
Apr 2, 2025
Meta's Smart Glasses Ambitions Could Reshape Its Future; BofA Reiterates Buy
Bank of America is maintaining a Buy rating and $765 price target on Meta Platforms (NASDAQ:META) as the company reportedly gears up to introduce a new line of premium smart glasses—a potential game-changer for its hardware strategy. The upcoming device, codenamed Hypernova, is expected to launch by the end of the year with a price tag between $1,000 and $1,400. According to reports, these next-gen glasses will come equipped with an integrated display for real-time updates, an enhanced camera on...
Parth Sanghvi
Mar 23, 2025
OpenAI, Meta, and Reliance Industries Explore AI Partnerships in India
In a significant move to expand artificial intelligence capabilities in India, both OpenAI and Meta Platforms (NASDAQ: META) have reportedly held separate discussions with Reliance Industries (NSE: RELI) over potential partnerships. According to technology news website The Information, one promising avenue involves a collaboration between Reliance Jio and OpenAI to distribute ChatGPT locally. Additionally, discussions have focused on lowering ChatGPT’s subscription fee—possibly cutting it from $...
Davit Kirakosyan
Mar 17, 2025
Wolfe Research Sees Meta’s Business Messaging as a $30-40B Opportunity, Highlights AI-Driven Expansion
Analysts at Wolfe Research believe Meta’s (NASDAQ:META) business messaging market is massively undervalued, estimating it could generate $30-40 billion in revenue over time—far exceeding current market expectations. The firm sees “modest near-term upside” for Meta’s fiscal 2025 and 2026 Other-FOA revenue, as the company expands its efforts to integrate AI-powered agents into WhatsApp’s business ecosystem. Currently, WhatsApp’s business messaging revenue stands at just $1.5-2 billion annually, bu...
Danny Green
Feb 6, 2025
Meta Platforms (NASDAQ:META) Boosts Investment in AI and Wearables
Meta Platforms (NASDAQ:META) is making significant strides in the tech industry by ramping up its investment in artificial intelligence and wearables. The company plans to increase its annual capital investment to between $60 billion and $65 billion by 2025. This strategic move aims to enhance creator tools within its ecosystem, which advertisers use to create marketing materials and run ad campaigns. Meta is also deploying more of its custom ASICs, known as MTIA, in its data centers. This ini...
Davit Kirakosyan
Jan 30, 2025
Meta Posts Strong Q4 Results but Cautious Revenue Outlook Tempers Enthusiasm
Meta Platforms (NASDAQ:META) delivered impressive fourth-quarter earnings that exceeded Wall Street expectations, though its guidance for the current quarter came in slightly below analyst estimates. For the quarter, Meta reported earnings per share of $8.02 on revenue of $48.39 billion, significantly surpassing analyst projections of $6.73 per share on $47.03 billion in revenue. The company also continued to see growth in user engagement, with family daily active people (DAP) rising 5% year-ov...
Andrew Wynn
Jan 30, 2025
Meta Platforms Surpasses Market Expectations with Strong Q4 Earnings
Meta Platforms, trading on the NASDAQ under the symbol META, is a leading technology company known for its popular social media platforms, Facebook and Instagram. The company recently reported its fourth-quarter earnings for 2024, surpassing market expectations. Meta achieved earnings per share (EPS) of $8.02, exceeding the analyst estimate of $6.76. The company's revenue for the quarter reached $48.39 billion, surpassing the anticipated $46.99 billion. Meta's strong performance is largely attr...
Alex Lavoie
Jan 30, 2025
Meta Platforms, Inc. (NASDAQ:META) Stock Update and Future Outlook
Meta Platforms, Inc. (NASDAQ:META) is a leading technology company known for its social media platforms, including Facebook, Instagram, and WhatsApp. The company is also making significant strides in artificial intelligence (AI) and virtual reality (VR). Meta competes with other tech giants like Google, Apple, and Amazon in various sectors, including digital advertising and AI technology. On January 30, 2025, Piper Sandler maintained an "Overweight" rating for META, suggesting confidence in the...
