Facebook, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used by people and businesses to communicate in a private way. It also provides Facebook Reality Labs, an augmented and virtual reality product that help people feel connected, anytime, and anywhere. Facebook, Inc. was founded in 2004 and is headquartered in Menlo Park, California.
IPO Year: 2012
Exchange: NASDAQ
Website: investor.fb.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/20/2022 | $258.00 → $300.00 | Neutral → Buy | Citigroup |
| 4/19/2022 | $228.00 | Neutral | Rosenblatt |
| 3/11/2022 | $265.00 | Buy | Deutsche Bank |
| 3/8/2022 | $301.00 → $240.00 | Neutral | Piper Sandler |
| 3/2/2022 | $360.00 → $325.00 | Overweight | Morgan Stanley |
| 3/1/2022 | Hold | Benchmark | |
| 3/1/2022 | Hold | The Benchmark Company | |
| 2/8/2022 | $270.00 | Outperform → Neutral | KGI Securities |
| 2/4/2022 | Buy → Hold | Argus | |
| 2/4/2022 | $400.00 → $300.00 | Buy | Rosenblatt |
TORONTO, April 22, 2022 /CNW/ - FG Acquisition Corp. (the "Company") (TSX:FGAA) is pleased to announce the appointment of Pete Huitsing to the Company's board of directors. Mr. Huitsing has over 15 years of experience in technology, cyber security, and leadership roles encompassing public, private and government sectors. Mr. Huitsing has served as a Security Partner and Staff Security Engineer at Meta Platforms, Inc. ("Meta") (NASDAQ:FB) since 2017. Mr. Huitsing served as the VP of Engineering for ZeeMee, Inc., a venture capital-backed education technology company, from 2014 to 2017,and as the Chief Technology Officer of Petra Partners, a hedge fund focusing on alternative lending platforms,
MENLO PARK, Calif., April 27, 2022 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:FB) today reported financial results for the quarter ended March 31, 2022. "We made progress this quarter across a number of key company priorities and we remain confident in the long-term opportunities and growth that our product roadmap will unlock," said Mark Zuckerberg, Meta founder and CEO. "More people use our services today than ever before, and I'm proud of how our products are serving people around the world." First Quarter 2022 Financial Highlights Three Months Ended March 31, Year-over-Y
MENLO PARK, Calif., April 4, 2022 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:FB) announced today that the company's first quarter 2022 financial results will be released after market close on Wednesday, April 27, 2022. 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. A t
MENLO PARK, Calif., Jan. 24, 2022 /PRNewswire/ -- Following Meta Platforms, Inc. (NASDAQ:FB) October 2021 announcement that we would implement a new financial reporting structure, we are sharing additional information about the reporting format of our segmented financials. Beginning with the fourth quarter 2021 earnings results on February 2, 2022, Meta will report revenue and income (loss) from operations for the following two segments: Family of Apps (FoA) includes Facebook, Instagram, Messenger, WhatsApp and other services. We will continue to report total advertising reve
MENLO PARK, Calif., Jan. 4, 2022 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:FB) announced today that the company's fourth quarter and full year 2021 financial results will be released after market close on Wednesday, February 2, 2022. 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 s
NEW YORK, Dec. 21, 2021 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") announced today preliminary S&P 500® stock buyback, or share repurchases, data for Q3 2021. Historical data on S&P 500 buybacks are available at www.spdji.com/indices/equity/sp-500. Key Takeaways: Q3 2021 share repurchases were $234.6 billion, increasing 18.0% from Q2 2021's $198.8 billion expenditure and up 130.5% from Q3 2020' $101.8 billion. 309 companies reported buybacks of at least $5 million for the quarter, up from 294 in Q2 2021, and up from 190 in Q3 2020; 371 issues did some buybacks for the quarter, up from 360 in Q2 2020 and up from 290 in Q3 2020. Buybacks remained top heavy with the top 20 issues acc
MENLO PARK, Calif., Oct. 25, 2021 /PRNewswire/ -- Facebook, Inc. (NASDAQ:FB) today reported financial results for the quarter ended September 30, 2021. "We made good progress this quarter and our community continues to grow," said Mark Zuckerberg, Facebook founder and CEO. "I'm excited about our roadmap, especially around creators, commerce, and helping to build the metaverse." Third Quarter 2021 Financial Highlights Three Months Ended September 30, Year-over-Year %Change In millions, except percentages and per share amounts 2021 2020(1) Revenue: Advertising $ 28,276 $ 21,221 33% Other 734 249 195% Total revenue 29,010 21,470 35% Total costs and expenses 18,587 13,430 38% Income from operati
MENLO PARK, Calif., July 28, 2021 /PRNewswire/ -- Facebook, Inc. (NASDAQ:FB) today reported financial results for the quarter ended June 30, 2021. "We had a strong quarter as we continue to help businesses grow and people stay connected," said Mark Zuckerberg, Facebook founder and CEO. "I'm excited to see our major initiatives around creators and community, commerce, and building the next computing platform coming together to start to bring the vision of the metaverse to life." Second Quarter 2021 Financial Highlights Three Months Ended June 30, Year-over-Year %Change In millions, except percentages and per share amounts 2021 2020 Revenue: Advertising $ 28,580 $ 18,321 56% Other 497 366 36%
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Citigroup upgraded Meta Platforms from Neutral to Buy and set a new price target of $300.00 from $258.00 previously
Rosenblatt initiated coverage of Meta Platforms with a rating of Neutral and set a new price target of $228.00
Deutsche Bank initiated coverage of Meta Platforms with a rating of Buy and set a new price target of $265.00
Piper Sandler reiterated coverage of Meta Platforms with a rating of Neutral and set a new price target of $240.00 from $301.00 previously
Morgan Stanley reiterated coverage of Meta Platforms with a rating of Overweight and set a new price target of $325.00 from $360.00 previously
Benchmark initiated coverage of Meta Platforms with a rating of Hold
The Benchmark Company initiated coverage of Meta Platforms with a rating of Hold
KGI Securities downgraded Meta Platforms from Outperform to Neutral and set a new price target of $270.00
Argus downgraded Meta Platforms from Buy to Hold
Rosenblatt reiterated coverage of Meta Platforms with a rating of Buy and set a new price target of $300.00 from $400.00 previously
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Houston, Texas, Sept. 20, 2022 (GLOBE NEWSWIRE) -- EDP Renewables North America (EDPR NA), a leading renewable energy developer and operator in North America, announces the start of construction on its 240-megawatt (MW) Cattlemen I Solar Park in Milam County, Texas. Cattlemen Solar Park, which was developed and constructed and will be operated by EDPR NA, will bring a wealth of economic benefits to Milam County and the greater central Texas region through millions of dollars that will be paid to local landowners, a projected $55 million in taxes that will be paid to support area schools and community services, and millions of dollars that will be spent locally during the project's constr
MENLO PARK, Calif., May 31, 2022 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:FB) today announced that its Class A common stock will begin trading on NASDAQ under the ticker symbol 'META' prior to market open on June 9, 2022. This will replace the company's current ticker symbol 'FB', which has been used since its initial public offering in 2012. The new ticker symbol aligns with the company's rebranding from Facebook to Meta, announced on October 28, 2021. No action by the company's shareholders is required with respect to the ticker symbol change. The company's Class A commo
Solar and wind facilities advancing both companies' sustainability goals OAKVILLE, ON, May 10, 2022 /PRNewswire/ - Liberty, a part of Algonquin Power & Utilities Corp. (TSX:AQN) (NYSE:AQN) ("Algonquin"), announced today its collaboration with Meta (NASDAQ:FB) on the new 112 MW Deerfield II wind project in Michigan. This long-term power purchase agreement (PPA) for 100 percent of the energy and environmental attributes from Deerfield II, builds upon the existing renewable energy partnership the companies have at the operating Altavista solar facility in Virginia. The Deerfield II wind project is expected to contribute to Liberty's ESG goals and help Meta continue to support its operations wit
MENLO PARK, Calif., April 27, 2022 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:FB) today reported financial results for the quarter ended March 31, 2022. "We made progress this quarter across a number of key company priorities and we remain confident in the long-term opportunities and growth that our product roadmap will unlock," said Mark Zuckerberg, Meta founder and CEO. "More people use our services today than ever before, and I'm proud of how our products are serving people around the world." First Quarter 2022 Financial Highlights Three Months Ended March 31, Year-over-Y
TORONTO, April 22, 2022 /CNW/ - FG Acquisition Corp. (the "Company") (TSX:FGAA) is pleased to announce the appointment of Pete Huitsing to the Company's board of directors. Mr. Huitsing has over 15 years of experience in technology, cyber security, and leadership roles encompassing public, private and government sectors. Mr. Huitsing has served as a Security Partner and Staff Security Engineer at Meta Platforms, Inc. ("Meta") (NASDAQ:FB) since 2017. Mr. Huitsing served as the VP of Engineering for ZeeMee, Inc., a venture capital-backed education technology company, from 2014 to 2017,and as the Chief Technology Officer of Petra Partners, a hedge fund focusing on alternative lending platforms,
Houston, Texas, April 13, 2022 (GLOBE NEWSWIRE) -- EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC (EDPR NA), and Meta (NYSE:FB) have executed a long-term power purchase agreement (PPA) for 156 megawatts (MW) at the 240-MW Cattlemen Solar Park in Milam County, located in central Texas. This contract is a part of the announcement EDPR issued on April 11, 2022. EDP Renewables North America developed and will construct, own, and operate Cattlemen Solar Park, which has an estimated capital investment of approximately $280 million and is anticipated to be operational in 2023. Cattlemen will provide economic benefits by way of payments to local lan
MENLO PARK, Calif., April 4, 2022 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:FB) announced today that the company's first quarter 2022 financial results will be released after market close on Wednesday, April 27, 2022. 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. A t
FRANKFURT, Germany, March 22, 2022 /PRNewswire/ -- Roundhill Investments, an ETF sponsor focused on innovative thematic funds, today announced the launch of the Roundhill Ball Metaverse UCITS ETF (METV) on the Deutsche Börse Xetra. METV is the first Metaverse ETF to list in Germany. The Metaverse is broadly understood as a successor-state to today's mobile Internet, but which will involve countless interoperable and persistent virtual worlds, be richly integrated into the physical world as well, thereby creating a new medium and economy for work, leisure, and innovation. Morgan Stanley and Goldman Sachs have estimated that the Metaverse economy will be worth roughly $8 trillion. Jensen Huang
PITTSBURGH, March 8, 2022 /PRNewswire-PRWeb/ -- Companies with ESG and reputational risk protection strategies have seen their stock prices rise 5% above the market within two weeks of a reputational challenge, and that premium is almost double for companies that have publicly shared and validated those strategies. The study, by Steel City Re, an ESG and reputation insurer, also found that stock prices of firms that managed, validated and publicized ESG and reputation risk management strategies on average gained 9.3% over the subsequent seven months after a precipitating event, while firms in which such processes were in assumed by shareholders to be in place gained 4.3%. Companies that fai
MENLO PARK, Calif., March 3, 2022 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:FB) today announced that David Wehner, chief financial officer, will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 10, 2022 at 3 p.m. Pacific Time. A live webcast and replay will be available on Meta's Investor Relations website at: http://investor.fb.com. Disclosure InformationMeta uses the investor.fb.com and about.fb.com/news/ websites as well as Mark Zuckerberg's Facebook Page (facebook.com/zuck) and Instagram account (instagram.com/zuck) as means of disclosi
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