Company Overview
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. in October 2021. Meta Platforms, Inc. was incorporated in 2004 and is headquartered in Menlo Park, California.
Company Information
- CEO
- Mark Elliot Zuckerberg
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Employees
- 76834
Contact Information
- Website
- https://investor.fb.com
- Address
- 1601 Willow Road
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Communication Services leader with 1.89T market capitalization
- Trading Volume: 12.16M shares traded today
- Price Range: 52-week range of $479.80 - $796.25
- Exchange: Listed on NASDAQ Global Select
Financial Metrics
Market Analysis for Meta Platforms, Inc.
Meta Platforms, Inc. (META) operates in the Internet Content & Information industry within the Communication Services sector. With a current market capitalization of 1.89T, the company represents a significant player in its market. The stock is currently trading at $751.48 with a negativedaily change of 2.07%.
The company's 76834 employee base and presence on the NASDAQ Global Selectexchange position it as a Communication Services sector leader. Investors should consider the stock's P/E ratio of 27.28, beta of 1.27, and 52-week price range from $479.80 to $796.25when evaluating investment opportunities.
Why Invest in Meta Platforms, Inc.?
Strengths
- • Established market presence in Communication Services
- • Strong financial metrics and market position
- • Listed on major exchange (NASDAQ Global Select)
- • Experienced leadership under Mark Elliot Zuckerberg
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Communication Services Sector
The Communication Services sector includes companies that provide telecommunications, media, and entertainment services to consumers and businesses.