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Meta Platforms (formerly Facebook) is one of the biggest listed companies in the United States and the creator of the popular social network platform by the same name. Its other products include Instagram, Messenger, WhatsApp and Facebook Reality Labs. Headquartered in California, the company was founded in 2004 and went public on the Nasdaq in 2012.
News update: March 15, 2023
Historical closes compared with the close of $299.08 from 2023-09-22
| 1 week (2023-09-15) | -0.41% |
|---|---|
| 1 month (2023-08-24) | 4.30% |
| 3 months (2023-06-23) | 3.58% |
| 6 months (2023-03-24) | 45.18% |
| 1 year (2022-09-22) | 109.41% |
|---|---|
| 2 years (2021-09-24) | -15.27% |
| 3 years (2020-09-24) | 19.86% |
| 5 years (2018-09-24) | 80.81% |
Note: The dollar amounts in the table below are in Canadian dollars.
Buying stocks in just one company can leave you more exposed to unexpected swings in the market than if you have a range of investments otherwise known as a diversified portfolio. Experts generally recommend having a broad mix of assets and funds on the basis that drops in the value of some will be offset by rises elsewhere.
This means that it’s generally a good idea to invest in exchange traded funds (ETFs) or index funds like the S&P 500 to expose yourself to a variety of companies and industries. The good news is that Meta is a major part of the NASDAQ index, so it’s included in many global funds and investment trusts like the S&P 500, as well as ETFs.
Valuing Meta Platforms stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meta Platforms's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
| Revenue TTM | $120.5 billion |
|---|---|
| Operating margin TTM | 29.22% |
| Gross profit TTM | $92.9 billion |
| Return on assets TTM | 11.69% |
| Return on equity TTM | 17.36% |
| Profit margin | 18.71% |
| Book value | $51.59 |
| Market capitalisation | $802.1 billion |
TTM: trailing 12 months
We're not expecting Meta Platforms to pay a dividend over the next 12 months.
Over the last 12 months, Meta Platforms's shares have ranged in value from as little as $88.09 up to $326.2. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Meta Platforms's is 1.2341. This would suggest that Meta Platforms's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, 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, communities, and businesses across platforms and devices through text, audio, and video calls; 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 consumer 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.
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