| Barchart Demo Center |
$466.83
-0.22 (-0.05%)
as of May 31, 2024
as of May 31, 2024
| Profile | |
|---|---|
| Ticker Symbol | META |
| Exchange | NASDAQ |
| Contact Information |
1 META WAY MENLO PARK, CA USA P: 650-543-4800 |
| CEO/President | Mark Zuckerberg |
| Earnings at a Glance | ||||
|---|---|---|---|---|
| Earnings | 03/31/24 4.86 |
12/31/23 5.45 |
09/30/23 4.50 |
06/30/23 3.03 |
| Price Earnings Ratio | 26.86 | |||
| EPS Growth | 35.80 | |||
| Most Recent Earnings ($) | 4.71 | |||
| Annual EPS ($) | 17.41 | |||
| Business Summary | |
|---|---|
| Meta Platforms is the world's largest social media platform. The company's portfolio offering evolved from a single Facebook app to multiple apps like photo and video sharing app Instagram and WhatsApp messaging app owing to acquisitions. Along with in-house developed Messenger these apps now form Meta's family of products used by billions of people on a monthly basis. Meta uses metrics like daily active users (DAUs) and monthly active users (MAUs) to measure Facebook's user base. Marketers buy ads that can appear on multiple platforms including Meta Instagram Messenger and third-party applications and websites. Meta thanks to its huge user base gained a significant market share in the advertising space wherein it faces tough competition from Google Twitter Amazon and Snapchat-parent Snap. Meta also faces significant competition from the likes of Apple (messaging) YouTube (advertising and video) Bytedance (social media) and Tencent (messaging and social media). | |
| Industry/Sector | SIC-7370 Services-Computer Programming, Data Processi Indices Nasdaq 100 Indices S&P 500 Indices S&P 100 Internet - Software Indices Nasdaq Composite Indices Russell 3000 Indices Russell 1000 Indices S&P 500 Telcomm Indices S&P 500 Growth |