Meta Platforms, Inc.

US30303M1027

Internet Services

Real-time Estimate Cboe BZX Other stock markets 10:15:42 16/07/2024 pm IST			5-day change	1st Jan Change
486.7 ^USD	-1.91%		-8.17%	+37.50%

06:01pm	EssilorLuxottica Awaits EU AI Act Decision for AI Meta Ray-Ban Launch	MT
05:53pm	Strategy: Is China becoming unattractive again with Trump and Vance?

META : UBS reiterates its Buy rating

July 16, 2024 at 08:11 pm IST

Stephen Ju from UBS retains his positive opinion on the stock with a Buy rating. The target price is being increased from USD 575 to USD 630.

Latest news about Meta Platforms, Inc.

EssilorLuxottica Awaits EU AI Act Decision for AI Meta Ray-Ban Launch	09:31pm	MT
Strategy: Is China becoming unattractive again with Trump and Vance?	09:23pm
META : UBS reiterates its Buy rating	08:11pm	ZD
New Ray-Ban Meta glasses have outsold previous version, Essilux CEO says	07:18pm	RE
META : JP Morgan reiterates its Buy rating	03:57pm	ZD
Meta Platforms Insider Sold Shares Worth $4,531,258, According to a Recent SEC Filing	01:04pm	MT
Meta Platforms Insider Sold Shares Worth $7,487,265, According to a Recent SEC Filing	01:01pm	MT
Trump VP pick supports Big Tech antitrust crackdown	03:50am	RE
Avangrid, Inc. Produces First Energy from True North Solar Project in Texas, Construction Continues on Schedule	15/07	CI
UBS Adjusts Meta Platforms Price Target to $630 From $575, Maintains Buy Rating	15/07	MT
Microsoft, Alphabet Among Expected Standouts in Q2 Tech Earnings Season, Wedbush Says	15/07	MT
Global markets live: Airbus, Burberry, AT&T, Boeing, Vinfast...	15/07
Social Buzz: Wallstreetbets Stocks Mostly Advancing Premarket Monday; Trump Media & Technology Group, Tesla to Open Higher	15/07	MT
Brace for a flurry of speeches from Fed officials	15/07
European regulators crack down on Big Tech	15/07	RE
OpenAI working on new reasoning technology under code name 'Strawberry'	15/07	RE
Meta Removes Heightened Suspension Penalties From Donald Trump's Accounts	13/07	DJ
OpenAI working on new reasoning technology under code name 'Strawberry'	13/07	RE
Meta to reinstate Trump's Facebook, Instagram accounts in coming weeks	13/07	RE
Sector Update: Energy Stocks Advance Late Afternoon	13/07	MT
Dow hits record high, small caps jump on rate-cut bets; bank results mixed	12/07	RE
Musk's X charged with deceiving users, risks fine, EU says	12/07	RE
Canada Goose Holdings Inc. Announces Executive Changes	12/07	CI
Musk's X breached DSA online content rules, EU says	12/07	RE
Australia to bring anti-scam law targeting internet giants this year, regulator says	12/07	RE

Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows: - operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ; - sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc. Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%). Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).

Sector

Internet Services

Calendar

31/07/2024 - Q2 2024 Earnings Release

Related indices

S&P 500

More about the company

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Ratings for Meta Platforms, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

496.2 USD

Average target price

530.5 USD

Spread / Average Target

+6.91%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

Sector Social Media & Networking

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Social Media & Networking

Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

META : UBS reiterates its Buy rating

Latest news about Meta Platforms, Inc.

Chart Meta Platforms, Inc.

Company Profile

Income Statement Evolution

Ratings for Meta Platforms, Inc.

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Social Media & Networking