Meta Platforms (Facebook)META
About: Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.
Employees: 72,404
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
136% more first-time investments, than exits
New positions opened: 257 | Existing positions closed: 109
25% more repeat investments, than reductions
Existing positions increased: 1,898 | Existing positions reduced: 1,517
20% more call options, than puts
Call options by funds: $53.4B | Put options by funds: $44.6B
9% more funds holding in top 10
Funds holding in top 10: 873 [Q2] → 953 (+80) [Q3]
9% more capital invested
Capital invested by funds: $885B [Q2] → $963B (+$78.6B) [Q3]
2% more funds holding
Funds holding: 4,016 [Q2] → 4,113 (+97) [Q3]
2.29% less ownership
Funds ownership: 80.04% [Q2] → 77.75% (-2.29%) [Q3]
Research analyst outlook
25 Wall Street Analysts provided 1 year price targets over the past 3 months
25 analyst ratings
Morgan Stanley Brian Nowak 84% 1-year accuracy 27 / 32 met price target | 8%upside $660 | Overweight Maintained | 13 Jan 2025 |
Wells Fargo Ken Gawrelski 64% 1-year accuracy 32 / 50 met price target | 12%upside $685 | Overweight Maintained | 13 Jan 2025 |
Keybanc Aleksey Yefremov 37% 1-year accuracy 41 / 111 met price target | 14%upside $700 | Overweight Maintained | 10 Jan 2025 |
Jefferies Brent Thill 63% 1-year accuracy 34 / 54 met price target | 17%upside $715 | Buy Maintained | 6 Jan 2025 |
Wedbush Scott Devitt 75% 1-year accuracy 42 / 56 met price target | 11%upside $680 | Outperform Maintained | 6 Jan 2025 |
Financial journalist opinion
Based on 315 articles about META published over the past 30 days