Company Meta Platforms, Inc.

Equities

META

US30303M1027

Internet Services

Market Closed - Nasdaq 04:30:00 2024-03-18 pm EDT After market 07:49:46 pm
497 USD +2.66% Intraday chart for Meta Platforms, Inc. 495.5 -0.29%

Business Summary

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 (98.2%): operation of the Facebook, Instagram, Messenger and WhatsApp platforms (3.7 billion active users per month in 2022) ;

- sale of virtual and augmented reality products, software and devices (1.8%): 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 (2.5%).

Net sales are distributed geographically as follows: the United States and Canada (43%), Asia/Pacific (23.8%), Europe (22.9%) and other (10.3%).

Number of employees: 67,317

Sales per Business

USD in Million2022Weight2023Weight Delta
Family of Apps
98.6 %
114,450 98.1 % 133,006 98.6 % +16.21%
Reality Labs
1.4 %
2,159 1.9 % 1,896 1.4 % -12.18%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
36.9 %
47,200 40.5 % 49,780 36.9 % +5.47%
Europe
23.1 %
26,681 22.9 % 31,210 23.1 % +16.97%
Asia-Pacific
16.7 %
27,760 23.8 % 22,464 16.7 % -19.08%
Rest of World
10.9 %
12,018 10.3 % 14,650 10.9 % +21.90%
China
10.1 %
-- 13,690 10.1 % -
Canada
2.3 %
2,950 2.5 % 3,108 2.3 % +5.36%

Managers

Managers TitleAgeSince
Chief Executive Officer 38 04-02-03
Director of Finance/CFO 38 08-03-31
Compliance Officer 59 21-01-31
Chief Operating Officer 46 07-09-30
Chief Tech/Sci/R&D Officer 59 16-09-30
Chief Tech/Sci/R&D Officer 42 05-12-31
Director/Board Member 54 08-02-29
Investor Relations Contact - -
Corporate Officer/Principal 50 21-12-19
Comptroller/Controller/Auditor 50 23-04-16

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 20-03-08
Director/Board Member 75 20-03-25
Director/Board Member 72 Feb. 12
Director/Board Member 52 08-05-31
Chief Executive Officer 38 04-02-03
Director/Board Member 54 08-02-29
Director/Board Member 41 20-02-02
Director/Board Member 69 20-03-08
Director/Board Member 39 22-01-10
Director/Board Member 52 19-05-29

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 349,356,199 0 0 85.43 %
Stock B 1 2,200,048,907 2,178,048,418 ( 99.00 %) 0

Shareholders

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.470 %
186,349,346 8.470 % 91 335 M $
Fidelity Management & Research Co. LLC
6.075 %
133,653,414 6.075 % 65 508 M $
BlackRock Advisors LLC
5.581 %
122,776,051 5.581 % 60 176 M $
89,090,450 4.049 % 43 666 M $
JPMorgan Investment Management, Inc.
2.192 %
48,224,342 2.192 % 23 636 M $
Geode Capital Management LLC
2.087 %
45,918,987 2.087 % 22 506 M $
T. Rowe Price International Ltd.
2.070 %
45,531,821 2.070 % 22 317 M $
Capital Research & Management Co. (World Investors)
1.730 %
38,054,513 1.730 % 18 652 M $
Eaton Vance Management
1.648 %
36,250,337 1.648 % 17 767 M $
Capital Research & Management Co. (International Investors)
1.579 %
34,738,470 1.579 % 17 026 M $
NameEquities%Valuation
345,530,622 94.18 % 169 B $
16,297,639 4.442 % 7 988 M $
NameEquities%Valuation
Morgan Stanley Administradora de Carteiras SA
0.000000 %
0 0.000000 % - $
BTG Pactual WM Gestão de Recursos Ltda.
0.000000 %
0 0.000000 % - $
G5 Administradora de Recursos Ltda.
0.000000 %
0 0.000000 % - $
Safra Asset Management Ltda.
0.000000 %
0 0.000000 % - $
FOX Investimentos Ltda.
0.000000 %
0 0.000000 % - $
Mintpar Gestora de Recursos Ltda.
0.000000 %
0 0.000000 % - $
Bram Bradesco Asset Management S/A DTVM
0.000000 %
0 0.000000 % - $
Verde Asset Management SA
0.000000 %
0 0.000000 % - $
Wealth High Governance Capital Ltda
0.000000 %
0 0.000000 % - $
Empiricus Gestao De Recursos Ltda.
0.000000 %
0 0.000000 % - $

Company contact information

Meta Platforms, Inc.

1 Meta Way

94025, Menlo Park

+650 543 4800

http://meta.com
address Meta Platforms, Inc.(META)

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NameCategory and Sector
Internet Software/Services
Information Technology Services
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Miscellaneous
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Data Processing Services
Communiti Connect Pvt Ltd.
Jaadhu Holdings LLC

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
60
Last Close Price
497 USD
Average target price
518.3 USD
Spread / Average Target
+4.28%
Consensus