META Meta Platforms Inc
Meta Platforms Inc price
0% Past Week
Market Cap
772.49B
Day’s Range
52W Range
Volume (3M)
23.07M
Price-Earnings Ratio
35
Revenue
120.52B
About Meta Platforms Inc
Meta Platforms Inc is the umbrella company for all apps and technologies previously under the Facebook, Inc brand. During the 2021 rebrand, founder and CEO Mark Zuckerberg explained that the technology conglomerate was refocusing on the next chapter of the internet, which he dubs the ‘metaverse’. The metaverse will be an immersive, virtual environment that uses holographic, augmented reality and virtual reality technologies to provide a 3D digital space for gaming, communication and social interaction.
Founded in 2004, Meta began as the online social networking site Facebook, which expanded to become one of the largest ‘big tech’ companies in the world, encompassing other well known digital brands like Instagram and WhatsApp. As of 2021, Facebook is the world's biggest social network, with 2.91 billion active users. At least 3.51 billion people were using one of Facebook, Messenger, Instagram or WhatsApp per month in the same year.
The company’s IPO in 2012 was one of the largest in history at the time, raising over $16 billion. Headquartered in Menlo Park, California, the company trades on the Nasdaq under the ticker META.
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Show MoreMark Elliot Zuckerberg
CEO
86.4K
Employees
2004
Founded
Menlo Park, California, US
HQ
Upcoming Events
25
OCT
REPORTS
Meta Platforms Inc Q3 2023 earnings report is expected to be released after market open
Consensus
Strong Buy
Price Target
382.21
Get insight into a company's sustainability using ESG (environmental, social, and governance) scores.
0
100
47
Low
Industry
Avg. 48
71
Environment
41
Social
45
Governance