
Meta Platforms Inc.
META · NASDAQ · Communication Services / Internet Content & Information
Price History
Full chartMarket Stats
About
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through Instagram feed, stories, reels, live, and messaging; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; Meta AI, an assistant that's available across apps, as a stand-alone app, on AI glasses, and on the web; Threads, an application for text-based updates and public conversations; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact. The RL segment provides virtual and augmented reality products, including consumer hardware, software, and content that help people feel connected, as well as Meta Quest devices that enable social experiences across gaming, fitness, entertainment, and more. The segment also includes wearables such as AI glasses like Ray Ban Meta and Oakley Meta glasses; and the Meta Ray Ban Display, which combines AI glasses with an integrated lens display and the Meta Neural Band, a wrist worn device using electromyography that lets people control their AI glasses through neuromuscular signals. Meta Platforms, Inc. has a collaboration with Microsoft Corporation, NVIDIA Corporation, Advanced Micro Devices, Inc., Broadcom Inc., and OpenAI, L.L.C. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. in October 2021. The company was incorporated in 2004 and is headquartered in Menlo Park, California.
Company Details
- SectorCommunication Services
- IndustryInternet Content & Information
- CEOMr. Mark Elliot Zuckerberg
- Employees75.47K
- Headquarters1 Meta Way, Menlo Park, CA, United States, 94025, USA
- Websitehttps://www.meta.com
Leadership
- Mr. Mark Elliot ZuckerbergFounder, Chairman & CEO · b. 1984
- Ms. Dina Powell McCormickPresident & Vice Chairman · b. 1974
- Ms. Susan J. S. LiChief Financial Officer · b. 1986
- Mr. Javier OlivanChief Operating Officer · b. 1977
- Mr. Andrew BosworthChief Technology Officer · b. 1982
- Mr. Christopher K. CoxChief Product Officer · b. 1983
- Mr. Dana WhiteIndependent Director · b. 1970
- Mr. Aaron A. AndersonChief Accounting Officer
- Mr. Atish BanerjeaChief Information Officer · b. 1966
- Mr. Henry T. A. MonizChief Compliance Officer · b. 1965
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy47
- Buy8
- Hold7
- Strong Sell1
Ownership Breakdown
- Institutions
- 79.03%
- Insiders
- 0.15%
- Retail / Other
- 20.82%
Top Institutional Holders
- BlackRock Inc173.40M6.81%
- Vanguard Capital Management, LLC143.44M5.63%
- FMR Inc95.90M3.76%
- State Street Corp92.03M3.61%
- Geode Capital Management, LLC54.95M2.16%
- JPMorgan Chase & Co45.94M1.80%
- Capital World Investors40.88M1.60%
- Capital Research Global Investors39.62M1.56%
- Vanguard Portfolio Management, LLC38.39M1.51%
- Amvescap Plc.38.37M1.51%
- Morgan Stanley - Brokerage Accounts38.08M1.49%
- NORGES BANK32.73M1.28%
- T. Rowe Price Associates, Inc.30.79M1.21%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest69.79M2.74%
- Vanguard 500 Index Investor58.35M2.29%
- iShares Core S&P 500 ETF29.38M1.15%
- Fidelity 500 Index28.51M1.12%
- State Street® SPDR® S&P 500® ETF27.06M1.06%
- American Funds Growth Fd of Amer A24.24M0.95%
- Vanguard MStar Growth Index Investor22.76M0.89%