Last price: $584.06
52w range:
$414.50
to
$740.91
52w change:
41.00%
to
-21.00%
Forward PE: 23.09
Trailing EPS: 23.89
50d average: $654.25
(-11%)
200d average: $571.96
(2%)
Open: $584.02
Previous close: $582.36
Change: $1.70
(0.29%)
Day high: $592.32
Day low: $574.77
Volume: 20.47 million
Avg. vol 3m: 15.17 million
NasdaqGS
NASDAQ:META
Cap: 1.48 trillion
Shares outstanding: 2.2 billion
Price hint: 2
Price to book: 8.1
Annual dividend rate: 2.00
$0.50 dividend 3 months ago
Yahoo Quote
Meta Platforms, Inc., formerly known as Facebook Inc., is one of the most significant companies in the technology and social media industry. It leverages a suite of widely used apps and services such as Facebook, Instagram, WhatsApp, and Oculus VR, and has recently announced its plans to create a metaverse - a shared virtual 3D world where people can interact in new and immersive ways.
Financially speaking, Meta Platforms, Inc. has always shown strong potential for growth. As of their Fourth Quarter and Full Year 2021 results, their revenue was $33.4 billion, a 20% increase from the previous year. They have been consistently profitable with strong profit and operating margins.
However, the company also faces a few challenges. Over recent years, it has been increasingly scrutinized by regulators in different jurisdictions over privacy concerns, antitrust issues, and content moderation questions, resulting in considerable reputational and financial hits. Also, the company warns that Apple's recent privacy changes could hurt profits as they make targeted advertising more difficult.
In terms of stock price, the shares of Meta Platforms, Inc. (NASDAQ: FB) have been highly valuable and offered impressive returns to investors, despite experiencing fluctuations due to external market forces.
Looking into the future, Meta Platforms presents both opportunities and risks as investments. Its ambitious plans to create a metaverse could open up entirely new revenue streams. Still, it’s an unproven business that's estimated to take a decade or more to materialize, and it's unclear how it will figure into the current valuation of the stock.
As with any investment, it’s essential to do thorough research and possibly consult with a financial advisor to understand whether Meta Platforms, Inc. aligns with your risk tolerance and investment strategy.