Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment's products include Facebook, which enables people to share, 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, groups, and businesses across platforms and devices through chat, audio and video calls, and rooms; 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 virtual reality 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.
IPO Year: 2012
Exchange: NASDAQ
Website: https://investor.fb.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $675.00 → $715.00 | Buy | Jefferies |
| 1/3/2025 | $670.00 → $730.00 | Outperform | Wolfe Research |
| 10/31/2024 | $620.00 → $660.00 | Buy | Monness Crespi & Hardt |
| 10/31/2024 | $780.00 → $800.00 | Buy | Pivotal Research Group |
| 10/11/2024 | Sector Perform | Scotiabank | |
| 10/9/2024 | $660.00 → $670.00 | Overweight | Cantor Fitzgerald |
| 10/1/2024 | $780.00 | Buy | Pivotal Research Group |
| 9/30/2024 | $570.00 → $620.00 | Buy | Monness Crespi & Hardt |
| 9/10/2024 | $600.00 | Buy | DA Davidson |
| 9/5/2024 | $660.00 | Overweight | Cantor Fitzgerald |
Jefferies reiterated coverage of Meta Platforms with a rating of Buy and set a new price target of $715.00 from $675.00 previously
Wolfe Research reiterated coverage of Meta Platforms with a rating of Outperform and set a new price target of $730.00 from $670.00 previously
Monness Crespi & Hardt reiterated coverage of Meta Platforms with a rating of Buy and set a new price target of $660.00 from $620.00 previously
Pivotal Research Group reiterated coverage of Meta Platforms with a rating of Buy and set a new price target of $800.00 from $780.00 previously
Scotiabank initiated coverage of Meta Platforms with a rating of Sector Perform
Cantor Fitzgerald reiterated coverage of Meta Platforms with a rating of Overweight and set a new price target of $670.00 from $660.00 previously
Pivotal Research Group initiated coverage of Meta Platforms with a rating of Buy and set a new price target of $780.00
Monness Crespi & Hardt reiterated coverage of Meta Platforms with a rating of Buy and set a new price target of $620.00 from $570.00 previously
DA Davidson initiated coverage of Meta Platforms with a rating of Buy and set a new price target of $600.00
Cantor Fitzgerald initiated coverage of Meta Platforms with a rating of Overweight and set a new price target of $660.00
SC 13G/A - Meta Platforms, Inc. (0001326801) (Subject)
SC 13G/A - Meta Platforms, Inc. (0001326801) (Subject)
SC 13G/A - Meta Platforms, Inc. (0001326801) (Subject)
SC 13G/A - Meta Platforms, Inc. (0001326801) (Subject)
MENLO PARK, Calif., Jan. 8, 2025 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) announced today that the company's fourth quarter and full year 2024 financial results will be released after market close on Wednesday, January 29, 2025. Meta will host a conference call to discuss its results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation. Following the call, a replay will be availabl
MENLO PARK, Calif., Dec. 5, 2024 /PRNewswire/ -- The Meta Platforms, Inc. (NASDAQ:META) board of directors today declared a quarterly cash dividend of $0.50 per share of the company's outstanding Class A common stock and Class B common stock, payable on December 27, 2024 to stockholders of record as of the close of business on December 16, 2024. Contacts Investors:Kenneth [email protected] / investor.fb.com Press:Ryan [email protected] / about.fb.com/news/ View original content to download multimedia:https://www.prnewswire.com/news-releases/meta-announces-quarte
MENLO PARK, Calif., Oct. 30, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) today reported financial results for the quarter ended September 30, 2024. "We had a good quarter driven by AI progress across our apps and business," said Mark Zuckerberg, Meta founder and CEO. "We also have strong momentum with Meta AI, Llama adoption, and AI-powered glasses." Third Quarter 2024 Financial Highlights Three Months Ended September 30, % Change In millions, except percentages and per share amounts 2024 2023 Revenue $
MENLO PARK, Calif., Oct. 1, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) announced today that the company's third quarter 2024 financial results will be released after market close on Wednesday, October 30, 2024. Meta will host a conference call to discuss its results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation. Following the call, a replay will be available at the same webs
MENLO PARK, Calif., Sept. 5, 2024 /PRNewswire/ -- The Meta Platforms, Inc. (META) board of directors today declared a quarterly cash dividend of $0.50 per share of the company's outstanding Class A common stock and Class B common stock, payable on September 26, 2024 to stockholders of record as of the close of business on September 16, 2024. ContactsInvestors:Kenneth [email protected] / investor.fb.com Press:Ryan [email protected] / about.fb.com/news/ View original content to download multimedia:https://www.prnewswire.com/news-releases/meta-announces-quarterly-c
MENLO PARK, Calif., July 31, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) today reported financial results for the quarter ended June 30, 2024. "We had a strong quarter, and Meta AI is on track to be the most used AI assistant in the world by the end of the year," said Mark Zuckerberg, Meta founder and CEO. "We've released the first frontier-level open source AI model, we continue to see good traction with our Ray-Ban Meta AI glasses, and we're driving good growth across our apps." Second Quarter 2024 Financial Highlights Three Months Ended June 30, % Change In mi
MENLO PARK, Calif., July 1, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) announced today that the company's second quarter 2024 financial results will be released after market close on Wednesday, July 31, 2024. Meta will host a conference call to discuss its results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation. Following the call, a replay will be available at the same w
MENLO PARK, Calif., May 30, 2024 /PRNewswire/ -- The Meta Platforms, Inc. (NASDAQ:META) board of directors today declared a quarterly cash dividend of $0.50 per share of the company's outstanding Class A common stock and Class B common stock, payable on June 26, 2024 to stockholders of record as of the close of business on June 14, 2024. About MetaMeta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions arou
MENLO PARK, Calif., April 24, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) today reported financial results for the quarter ended March 31, 2024. "It's been a good start to the year," said Mark Zuckerberg, Meta founder and CEO. "The new version of Meta AI with Llama 3 is another step towards building the world's leading AI. We're seeing healthy growth across our apps and we continue making steady progress building the metaverse as well." First Quarter 2024 Financial Highlights Three Months Ended March 31, % Change In millions, except percentages and per share amou
MENLO PARK, Calif., April 1, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) announced today that the company's first quarter 2024 financial results will be released after market close on Wednesday, April 24, 2024. Meta will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation. Following the call, a replay will be available at the same website
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
4 - Meta Platforms, Inc. (0001326801) (Issuer)
8-K - Meta Platforms, Inc. (0001326801) (Filer)
144 - Meta Platforms, Inc. (0001326801) (Subject)
10-Q - Meta Platforms, Inc. (0001326801) (Filer)
8-K - Meta Platforms, Inc. (0001326801) (Filer)
8-K - Meta Platforms, Inc. (0001326801) (Filer)
8-K - Meta Platforms, Inc. (0001326801) (Filer)
FWP - Meta Platforms, Inc. (0001326801) (Subject)
10-Q - Meta Platforms, Inc. (0001326801) (Filer)
8-K - Meta Platforms, Inc. (0001326801) (Filer)
144 - Meta Platforms, Inc. (0001326801) (Subject)
MENLO PARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Meta today announced that Dana White, John Elkann and Charlie Songhurst have been elected to the company's board of directors. Mark Zuckerberg, Founder and CEO of Meta, said, "Dana, John and Charlie will add a depth of expertise and perspective that will help us tackle the massive opportunities ahead with AI, wearables and the future of human connection." "I've never been interested in joining a board of directors until I got the offer to join Meta's board. I am a huge believer that social media and AI are the future," said Dana
USA News Group CommentaryIssued on behalf of Scope AI Corp. VANCOUVER, BC, June 21, 2024 /PRNewswire/ -- USA News Group – How we embrace this surging adoption of artificial intelligence (AI) in the economy of the future remains up for debate. Already, we're seeing the impact of AI adoption in the workplace, in culture, and in finance, but it won't end there. According to Goldman Sachs, AI is showing "very positive" signs of eventually boosting GDP and productivity, while some experts are remarking that the generative AI tech wave is sweeping in much faster (maybe 10x) than early internet. Behind the scenes, tech developers are building AI-powered tools that could potentially revolutionize pr
MENLO PARK, Calif., Feb. 14, 2024 /PRNewswire/ -- Meta today announced that Hock E. Tan and John Arnold have been elected to the company's board of directors, effective immediately. Mark Zuckerberg, Founder and CEO of Meta, said, "I'm excited to share that Hock Tan and John Arnold are joining Meta's board of directors. As we focus on building AGI, having directors with deep expertise in silicon and energy infrastructure will help us execute our long term vision." "I am pleased to join the Meta Board and contribute to achieving the company's vision," said Tan. "Meta has an in
Announces Special Dividend and $50 Million Stock Repurchase Program Focus on driving multi-year step function increase in valuation Immersion Corporation (NASDAQ:IMMR), a leading developer and provider of technologies for haptics, today reported management changes, a special cash dividend and a new stock repurchase program. Effective immediately, Executive Chairman Eric Singer has been appointed President and CEO and will continue to serve as Chairman of the Board. The Board of Directors believes Eric Singer's significant experience in operations, transactions and capital allocation as well as his deep technology experience will help to drive long-term shareholder value creation. Francis
FullyAI is considered a leading player in the field of Agentic AI, a key future area of AI development, and counts Meta among its customers AI Agents developed by FullyAI offer hybrid interfaces designed to guide users through complex decision-making processes and execute tasks autonomously Circus will enhance human-AI interactions in labor-intensive industries by integrating FullyAI into its ecosystem, starting with its Physical AI food-service robot, CA-1 Circus SE (XETRA: CA1), a global leader in Physical AI applications, has announced the intended acquisition of FullyAI, one of Europe's leading Agentic AI players. The company has developed technologies in the field of AI Agent
MENLO PARK, Calif., Jan. 8, 2025 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) announced today that the company's fourth quarter and full year 2024 financial results will be released after market close on Wednesday, January 29, 2025. Meta will host a conference call to discuss its results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation. Following the call, a replay will be availabl
MENLO PARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Meta today announced that Dana White, John Elkann and Charlie Songhurst have been elected to the company's board of directors. Mark Zuckerberg, Founder and CEO of Meta, said, "Dana, John and Charlie will add a depth of expertise and perspective that will help us tackle the massive opportunities ahead with AI, wearables and the future of human connection." "I've never been interested in joining a board of directors until I got the offer to join Meta's board. I am a huge believer that social media and AI are the future," said Dana
MENLO PARK, Calif., Dec. 5, 2024 /PRNewswire/ -- The Meta Platforms, Inc. (NASDAQ:META) board of directors today declared a quarterly cash dividend of $0.50 per share of the company's outstanding Class A common stock and Class B common stock, payable on December 27, 2024 to stockholders of record as of the close of business on December 16, 2024. Contacts Investors:Kenneth [email protected] / investor.fb.com Press:Ryan [email protected] / about.fb.com/news/ View original content to download multimedia:https://www.prnewswire.com/news-releases/meta-announces-quarte
Total procured clean energy between the two companies now exceeds 1 gigawattNew agreement contracted through four Invenergy-developed solar facilitiesMENLO PARK, Calif. and CHICAGO, Dec. 5, 2024 /PRNewswire/ -- Meta Platforms, Inc (NASDAQ:META) announced it has signed four contracts with Chicago-based energy owner, operator and developer, Invenergy, for 760 MW of clean energy. These new Environmental Attribute Purchase agreements (EAPAs) bring Meta's total clean energy procurement from Invenergy to over 1 GW. "Energy demand is soaring—and Invenergy is excited to work with Meta
MENLO PARK, Calif., Oct. 30, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) today reported financial results for the quarter ended September 30, 2024. "We had a good quarter driven by AI progress across our apps and business," said Mark Zuckerberg, Meta founder and CEO. "We also have strong momentum with Meta AI, Llama adoption, and AI-powered glasses." Third Quarter 2024 Financial Highlights Three Months Ended September 30, % Change In millions, except percentages and per share amounts 2024 2023 Revenue $
Cornerstone OnDemand Inc., a leader in workforce agility solutions, today announced a strategic partnership with Meta (NASDAQ:META) to expand the capabilities of immersive learning and extended reality (XR), powered by artificial intelligence (AI). Ahead of Meta Innovation Day, the partnership will accelerate the democratization of immersive learning for the enterprise, with a focus on the integration of Meta's AI advancements and further adoption of Meta's core XR technologies and devices. Cornerstone's 25 years of leadership in learning and talent development combined with Meta's investments in bringing XR to life and their innovative approach to AI will create more opportunities for org
MENLO PARK, Calif., Oct. 1, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) announced today that the company's third quarter 2024 financial results will be released after market close on Wednesday, October 30, 2024. Meta will host a conference call to discuss its results at 2:00 p.m. PT / 5:00 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.fb.com, along with the company's earnings press release, financial tables, and slide presentation. Following the call, a replay will be available at the same webs
MENLO PARK, Calif., Sept. 5, 2024 /PRNewswire/ -- The Meta Platforms, Inc. (META) board of directors today declared a quarterly cash dividend of $0.50 per share of the company's outstanding Class A common stock and Class B common stock, payable on September 26, 2024 to stockholders of record as of the close of business on September 16, 2024. ContactsInvestors:Kenneth [email protected] / investor.fb.com Press:Ryan [email protected] / about.fb.com/news/ View original content to download multimedia:https://www.prnewswire.com/news-releases/meta-announces-quarterly-c
MENLO PARK, Calif., July 31, 2024 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) today reported financial results for the quarter ended June 30, 2024. "We had a strong quarter, and Meta AI is on track to be the most used AI assistant in the world by the end of the year," said Mark Zuckerberg, Meta founder and CEO. "We've released the first frontier-level open source AI model, we continue to see good traction with our Ray-Ban Meta AI glasses, and we're driving good growth across our apps." Second Quarter 2024 Financial Highlights Three Months Ended June 30, % Change In mi