FACEBOOK INC #META Stock Price, Live Chart & Analysis Trade #META

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

• When trading a stock CFD, you don’t care whether an asset’s price increases or declines.
• As of 2022, the company claimed more than 2.9 billion monthly active Facebook users.
• It reflects the company’s efficiency at generating profits on an equity base.
• A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Institutional investors own over 60% of the company’s shares. Although you can buy its shares and hold them until the stock price reaches a new high, another option is CFD trading. When trading a stock CFD, you don’t care whether an asset’s price increases or declines.

Meta Platforms, Inc

But such an analysis will help you do a quick relative check of FB against peers or industry benchmarks. Also, you should always be aware of the company’s financial reports. Remember that any negative data can pull the stock price down.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Now let us see a bar graph showing the lowest weekly prices of Facebook Inc (FB). The final section will help you learn the lowest weekly performances of Facebook Inc (FB) stock.

This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through May 15, 2023. Zacks Rank stock-rating https://g-markets.net/helpful-articles/how-to-calculate-pips-in-forex-trading/ system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

Price and EPS Surprise Chart

As Meta is a huge company that doesn’t always succeed when acquiring a new company or launching a product or feature, traders should check the news daily. The company’s primary operating segment is the Family of Apps. The family of Apps includes Facebook and all the other digital applications. This segment produces virtually all of the revenue which is in turn 97% advertising oriented.

Instagram is a photo- and video-sharing application that Meta acquired in April 2012, a month before the company’s shares first traded on Nasdaq on 18 May. Instagram users can also use private messaging and shop from businesses and creators. 50 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Meta Platforms in the last year. There are currently 3 sell ratings, 7 hold ratings, 39 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “moderate buy” META shares.

Meta Platforms Inc. Company profile

Meta Platforms operates as a social networking company worldwide. The company engages in the development of social media applications for people to connect through mobile devices, personal computers, and other surfaces. It enables users to share opinions, ideas, photos, videos, and other activities online. The firm’s products include Facebook, Instagram, Messenger, WhatsApp, and Oculus. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004 and is headquartered in Menlo Park, CA. Meta Platforms, Inc., engages in the development of social media applications.

It owns Instagram, Messenger, WhatsApp, Oculus, Giphy, Mapillary, and Kustomer, and it has a stake in India’s Jio Platforms. In 2021, 97.5% of the company’s revenue came from the sale of advertisement placements to marketers. Sign up for email alerts
The stock information provided is for informational purposes only and is not intended for trading purposes. The stock information is provided by TickerTech, stock charts are provided by Q4 Inc., both third party services, and Meta does not maintain or provide information directly to this service.

Even Twitter employees are signing up to Mark Zuckerberg’s Threads, report says

The company quickly grew and expanded into other universities and then opened itself to the public in 2006. As of 2006, anyone over the age of 13 can be a Facebook user which is the company’s primary source of income. As of 2022, the company claimed more than 2.9 billion monthly active Facebook users. In October 2021, Facebook Inc. was renamed Meta Platforms Inc. The rebranding occurred due to the rising popularity of the “metaverse,” where users would interact in virtual reality environments. By the end of the first week of trading, Facebook’s stock price had dropped to $26.81.

After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Now let us check the four other highest prices in descending order. The below table lists the top weeks, the average prices, and a comparison with the overall highest price. The fourth section will help you learn the highest weekly prices of Facebook Inc (FB) in the last six months. Meta Platforms issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th.

One share of META stock can currently be purchased for approximately $298.29. The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. Sign-up to receive the latest news and ratings for Meta Platforms and its competitors with MarketBeat’s FREE daily newsletter. The company based itself around web 3 with their Meta name change in 2021.The company based itself around web 3 with their Meta name change in 2021. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in.

The social media titan believes this will be the next big platform for social interaction, entertainment, and commerce. Quarter after quarter, Facebook’s stock price continued to climb with few massive jumps in either direction, negative or positive. Though Facebook stock did suffer a slight stock price loss in late 2016 when news broke that Facebook may have misled companies with incorrect advertising metrics. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score.

Analyst rating

In 2014, WhatsApp and Oculus became a part of Facebook, Inc. In December 2018, the company announced its plans to develop a cryptocurrency that will be backed by USD. In 2019, the company launched a digital wallet and Calibra currency.

For a steady stock under steady circumstances (favorable global/local factors) one can expect the highest values to fall towards the end of the six-month frame. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Upgrade to MarketBeat All Access to add more stocks to your watchlist.

It operates in two segments, Family of Apps and Reality Labs. 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. Moreover, Meta (former Facebook Inc.) has been a part of many lawsuits and scandals. It’s critical that the company’s shareholders sued it many times.