Meta Platforms Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 24 out of 481 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 855.97.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
Based in Menlo Park, California, Meta Platforms, Inc. functions as an American multinational tech entity. Several leading social media platforms and communication services, such as Facebook, Instagram, Threads, Messenger, and WhatsApp, fall under Meta’s ownership and operation. The firm also manages an advertising network for its own domains and external partners; as of 2023, advertising constituted 97.8% of its total revenue.
Originally founded in 2004 as TheFacebook, Inc., the company underwent a renaming to Facebook, Inc. in 2005. Its rebranding to Meta Platforms, Inc. in 2021 signaled a strategic pivot toward the metaverse—an interconnected digital ecosystem integrating virtual and augmented reality technologies.
Recognized as one of the Big Five U.S. tech giants alongside Alphabet, Amazon, Apple, and Microsoft, Meta secured the 31st rank on the 2023 Forbes Global 2000. As of 2022, it stood as the world’s third-largest investor in research and development, with R&D expenditures totaling US$35.3 billion.
The current financial score of Meta Platforms Inc is 8.85, ranking 25 out of 481 in the Software & IT Services industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 59.89B, representing a year-over-year increase of 23.78%, while its net profit experienced a year-over-year increase of 9.26%.
Key Metrics
The current valuation score of Meta Platforms Inc is 8.15, ranking 121 out of 481 in the Software & IT Services industry. Its current P/E ratio is 24.72, which is 52.06% below the recent high of 37.59 and 41.57% above the recent low of 14.45.
The current earnings forecast score of Meta Platforms Inc is 8.36, ranking 63 out of 481 in the Software & IT Services industry. The average price target is 832.50, with a high of 1117.00 and a low of 685.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Meta Platforms Inc is 6.61, ranking 225 out of 481 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 648.04 and the support level at 562.52, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Meta Platforms Inc is 7.00, ranking 142 out of 481 in the Software & IT Services industry. The latest institutional shareholding proportion is 79.23%, representing a quarter-over-quarter decrease of 0.39%. The largest institutional shareholder is The Vanguard, holding a total of 198.97M shares, representing 9.10% of shares outstanding, with 3.89% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Meta Platforms Inc is 6.96, ranking 105 out of 481 in the Software & IT Services industry. The company's beta value is 1.29. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Meta Platforms Inc’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
