Business description: Meta Platforms, Inc.

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: 72,404

Sales by Activity: Meta Platforms, Inc.

Fiscal Period: December20192020202120222023

Family of Apps

- - 116B 114B 133B

Internet Information Providers

70.7B 85.96B - - -

Reality Labs

- - 2.27B 2.16B 1.9B
See all business segments

Geographical breakdown of sales: Meta Platforms, Inc.

Fiscal Period: December20192020202120222023

United States

30.23B 36.25B 48.38B 47.2B 49.78B

Europe

16.83B 20.35B 29.06B 26.68B 31.21B

Asia-Pacific

15.41B 19.85B 26.74B 27.76B 22.46B

Rest of The World

6.26B 7.34B 10.59B 12.02B 14.65B

China

- - - - 13.69B

Canada

1.98B 2.18B 3.16B 2.95B 3.11B
See all geographic segments

Managers: Meta Platforms, Inc.

Director TitleAgeSince
Chief Executive Officer 39 2004-02-03
Director of Finance/CFO 39 2022-10-31
Compliance Officer 60 2021-01-31
Chief Tech/Sci/R&D Officer 43 2022-03-13
Chief Operating Officer 47 2022-07-31
See META PLATFORMS, INC. governance

Members of the board: Meta Platforms, Inc.

Manager TitleAgeSince
Chairman 39 2011-12-31
Director/Board Member 53 2008-05-31
Director/Board Member 53 2019-05-29
Director/Board Member 42 2020-02-02
Director/Board Member 70 2020-03-08
Director/Board Member 62 2020-03-08
Director/Board Member 76 2020-03-25
Director/Board Member 40 2022-01-10
Director/Board Member - 2024-02-12
Director/Board Member 73 2024-02-12
Composition of the Board of Directors

Shareholders: Meta Platforms, Inc.

NameEquities%Valuation
Vanguard Fiduciary Trust Co.
8.702 %
189,695,452 8.702 % 111 B $
Fidelity Management & Research Co. LLC
6.341 %
138,225,242 6.341 % 80 932 M $
BlackRock Advisors LLC
5.755 %
125,453,703 5.755 % 73 454 M $
84,996,038 3.899 % 49 766 M $
JPMorgan Investment Management, Inc.
2.397 %
52,255,598 2.397 % 30 596 M $
NameEquities%Valuation
343,309,232 99.48 % 201 B $
NameEquities%Valuation
Western Asset Management Company DTVM Ltda.
0.001533 %
985,143 0.001533 % 6 M $
Caixa DTVM SA
0.001309 %
840,875 0.001309 % 5 M $
FOX Investimentos Ltda.
0.000784 %
503,400 0.000784 % 3 M $
BRAM - Bradesco Asset Management SA DTVM
0.000480 %
308,508 0.000480 % 2 M $
Itaú Unibanco SA
0.000172 %
110,690 0.000172 % 643 879 $
List of META PLATFORMS, INC. shareholders

Company details: Meta Platforms, Inc.

Meta Platforms, Inc.

1 Meta Way

94025, Menlo Park

+650 543 4800

http://meta.com
address Meta Platforms, Inc.(META)

Group companies: Meta Platforms, Inc.

NameCategory and Sector
Sidecat LLC
Miscellaneous
Finance/Rental/Leasing
Miscellaneous
Real Estate Development
Data Processing Services
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Social Media & Networking

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Change 5d. change 1-year change 3-years change Capi. ($)
+0.24%+0.73%+59.80%+93.57%1,547B
+0.26%+6.49% - - 30.78B
+0.48%+2.21%+1.46%-52.91%22.76B
-2.37%-6.71%+51.74%-50.30%8.68B
+0.06%+5.04%-9.21%-72.41%8.22B
+3.84%+8.35%+19.83%-71.91%2.37B
+1.26%+0.41%+52.20%-58.20%925M
-1.60%+2.94%-44.08%-74.96%833M
-0.44%+0.29% - - 400M
-5.23%-4.12%+114.47%-5.23%428M
Average -0.35%+4.91%+30.78%-36.54% 162.23B
Weighted average by Cap. +0.23%-0.17%+58.47%+89.38%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
B
surperformance-ratings-light-chart META-PLATFORMS-INCMore Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
68
Last Close Price
612.77USD
Average target price
665.20USD
Spread / Average Target
+8.56%
Consensus

Quarterly revenue - Rate of surprise

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