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 and mixed reality headsets, augmented reality, and wearables worldwide. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact in a private way. The RL segment provides virtual, augmented, and mixed 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. The company was incorporated in 2004 and is headquartered in Menlo Park, California.
Analyst Optimism | Bullish outlook with price targets ranging from $530 to $790, averaging around $705, reflecting confidence in Meta's long-term growth strategies |
Market Dominance | Meta maintains a competitive edge with 4 billion users across its platforms, leveraging AI to improve advertising technology and user engagement |
Financial Resilience | Strong revenue growth and profitability projections, with EPS expected to rise from $14.90 in 2023 to $27.69 by 2026, despite high investment levels |
AI-Driven Evolution | Meta's strategic focus on AI is reshaping its core businesses, enhancing ad efficiency, and opening new avenues for growth across its family of apps |
Metrics to compare | META | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipMETAPeersSector | |
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P/E Ratio | 29.1x | −1.9x | 5.4x | |
PEG Ratio | 0.50 | 0.00 | 0.01 | |
Price / Book | 9.9x | 1.5x | 1.8x | |
Price / LTM Sales | 11.0x | 1.6x | 1.4x | |
Upside (Analyst Target) | 4.9% | 17.8% | 20.8% | |
Fair Value Upside | Unlock | 31.2% | 14.8% | Unlock |