| Market Closed - Nasdaq Other stock markets | Pre-market 05:25:53 am | |||
| 481.7 USD | +0.14% |  | 487.2 | +1.15% |
| 22/04 | Equity Markets Close Higher With Key Earnings in Focus This Week | MT |
| 22/04 | Wall Street: hesitates in the morning, then opts for an upturn | CF |
Business Summary
Meta Platforms, Inc. specializes in online social networking services. Net sales break down by activity as follows:
- operation of social networking, messaging, photo and video sharing platforms (98.6%): operation of the Facebook, Instagram, Messenger, Threads and WhatsApp platforms (3.98 billion monthly active users in 2023) ;
- sale of virtual and augmented reality products, software and devices (1.4%): virtual reality headsets (Meta Quest), connected screens (Facebook Portal), wearable devices, etc.
Net sales break down by source of income into advertising spaces (97.5%) and other (2.2%).
Net sales are distributed geographically as follows: the United States and Canada (39.2%), Asia-Pacific (26.8%), Europe (23.1%) and other (10.9%).
Number of employees: 67,317
Sales per Business
| USD in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Family of Apps 98.6% | 114,450 | 98.1% | 133,006 | 98.6% | +16.21% |
Reality Labs 1.4% | 2,159 | 1.9% | 1,896 | 1.4% | -12.18% |
Sales per region
| USD in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
United States 36.9% | 47,200 | 40.5% | 49,780 | 36.9% | +5.47% |
Europe 23.1% | 26,681 | 22.9% | 31,210 | 23.1% | +16.97% |
Asia-Pacific 16.7% | 27,760 | 23.8% | 22,464 | 16.7% | -19.08% |
Rest of World 10.9% | 12,018 | 10.3% | 14,650 | 10.9% | +21.90% |
China 10.1% | - | - | 13,690 | 10.1% | - |
Canada 2.3% | 2,950 | 2.5% | 3,108 | 2.3% | +5.36% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Mark Zuckerberg CEO | Chief Executive Officer | 38 | 04/04/04 |
Susan Li DFI | Director of Finance/CFO | 38 | 01/08/01 |
Henry Moniz CMP | Compliance Officer | 59 | 01/21/01 |
Javier Olivan COO | Chief Operating Officer | 46 | 01/07/01 |
Atish Banerjea CTO | Chief Tech/Sci/R&D Officer | 59 | 01/16/01 |
Andrew Bosworth CTO | Chief Tech/Sci/R&D Officer | 42 | 01/06/01 |
Sheryl Sandberg BRD | Director/Board Member | 54 | 01/08/01 |
Kenneth John Dorell IRC | Investor Relations Contact | - | - |
Alexis Black Bjorlin PRN | Corporate Officer/Principal | 50 | 20/21/20 |
Aaron Anderson AUD | Comptroller/Controller/Auditor | 50 | 17/23/17 |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Tracey Travis BRD | Director/Board Member | 60 | 09/20/09 |
Robert Kimmitt BRD | Director/Board Member | 75 | 26/20/26 |
Hock Tan BRD | Director/Board Member | 72 | 13/02 |
Marc Andreessen BRD | Director/Board Member | 52 | 01/08/01 |
Mark Zuckerberg CEO | Chief Executive Officer | 38 | 04/04/04 |
Sheryl Sandberg BRD | Director/Board Member | 54 | 01/08/01 |
Drew Houston BRD | Director/Board Member | 41 | 03/20/03 |
Nancy Killefer BRD | Director/Board Member | 69 | 09/20/09 |
Tony Xu BRD | Director/Board Member | 39 | 11/22/11 |
Peggy Abkemeier-Alford BRD | Director/Board Member | 52 | 30/19/30 |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 10 | 349,356,199 | 0 | 0 | 86.16% |
| Stock B | 1 | 2,200,048,907 | 2,196,485,938 ( 99.84%) | 0 |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
Facebook Operations LLC Facebook Operations LLC Internet Software/ServicesTechnology Services Part of Meta Platforms, Inc., Facebook Operations LLC is an American company. The private company is located in the US. | Internet Software/Services |
Facebook India Online Services Pvt Ltd. Facebook India Online Services Pvt Ltd. Information Technology ServicesTechnology Services Part of Meta Platforms, Inc., Facebook India Online Services Pvt Ltd. operates as a social networking service and website. The private company is based in Hyderabad, India. Sandeep Bhushan has been the CEO of the Indian company since 2017. | Information Technology Services |
Octantis Services Pvt Ltd. Octantis Services Pvt Ltd. Information Technology ServicesTechnology Services Octantis Services Pvt Ltd. is an Indian company that provides computer related services. The private company was founded in 2017. The company is based in Thane, India. | Information Technology Services |
Sidecat LLC | Miscellaneous |
Siculus, Inc. Siculus, Inc. Data Processing ServicesTechnology Services Part of Meta Platforms, Inc., Siculus, Inc. develops data center. The private company is located in US. | Data Processing Services |
Raven Northbrook LLC Raven Northbrook LLC Real Estate DevelopmentFinance Part of Meta Platforms, Inc., Raven Northbrook LLC provides residential and commercial real estate services. The private company is located in the US. | Real Estate Development |
Winner LLC Winner LLC Data Processing ServicesTechnology Services Part of Meta Platforms, Inc., Winner LLC is an American company that provides data processing services. The private company is located in the US. | Data Processing Services |
Communiti Connect Pvt Ltd. | |
Jaadhu Holdings LLC |
Sector
 | Technology | |||||
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| Internet Services | |||||
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Sales per Business
Sales per region
Ratings for Meta Platforms, Inc.
Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Analysts' Consensus
Sell
Buy
Mean consensus
BUY
Number of Analysts
60
Last Close Price
481.1USD
Average target price
541.2USD
Spread / Average Target
+12.50%
Consensus
EPS Revisions
Estimates Revisions
Quarterly earnings - Rate of surprise
Company calendar
| 1st Jan change | Capi. | |
|---|---|---|
META PLATFORMS, INC. | +36.10% | 1,220B |
KUAISHOU TECHNOLOGY | -14.64% | 24.55B |
TENCENT MUSIC ENTERTAINMENT GROUP | +30.52% | 17.71B |
MATCH GROUP, INC. | -12.44% | 8.62B |
WEIBO CORPORATION | -26.12% | 1.92B |
BUMBLE INC. | -29.78% | 1.28B |
NEXTDOOR HOLDINGS, INC. | +6.35% | 779M |
GREE, INC. | -18.25% | 504M |
NEW WORK SE | -21.32% | 363M |
ZIGEXN CO., LTD. | -0.56% | 354M |
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- Company Meta Platforms, Inc.
