Meta Platforms Stock Forecast, Price & News NASDAQ:META

Available for U.S. and Canadian equities, futures and forex symbols, the Latest Trades tab displays the last 50 trades for the symbol. It all started in 2004 when then-freshman Harvard student Mark Zuckerberg and his friends started “TheFacebook” as a way for students at the university to connect online. The announcement of the site was sent to an email distribution list of 300 students, but within the first 24 hours, four times that many had registered. In the first few years, the service was only available for college students, but even with that limitation, it reached 6 million members by December 2005.

  • Though the IEA has not seen any direct risks emerge to oil supply from the sudden Hamas-Israeli conflict, the crisis has put crude markets on “tenterhooks,” IEA added.
  • Please log in to your account or sign up in order to add this asset to your watchlist.
  • Available for U.S. and Canadian equities, futures and forex symbols, the Latest Trades tab displays the last 50 trades for the symbol.
  • Barchart Premier Members may also download additional data using the “Historical Data” page, where you can download Intraday, Daily, Weekly, Monthly, or Quarterly data (going back to Jan. 1, 1980).

Scroll through widgets of the different content available for the symbol. The “More Data” widgets are also available from the Links column of the right side of the data table. Barchart Premier Members may also download additional data using the “Historical Data” page, where you can download Intraday, Daily, Weekly, Monthly, or Quarterly data (going back to Jan. 1, 1980). You can also view the latest trades, and view corporate actions (U.S. equities only) by selecting the appropriate tab. ‘C’ score indicates satisfactory relative ESG performance and moderate degree of transparency in reporting material ESG data publicly.

Oil poised for worst week since March

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 ayondo forex broker review users. The report is Facebook’s first since changing the name of its parent company to Meta, which is a nod to the metaverse. There’s also a shift to products that don’t generate as much revenue as its core news feed. For example, people are spending more time on its Reels videos.

  • Meta is expected to release next earnings on -, with an earnings per share (EPS) estimate of $3.62.
  • The company issued revenue guidance of $32.00 billion-$34.50 billion, compared to the consensus revenue estimate of $28.29 billion.
  • It is a member of the FAANG group holding the first position with its original name, Facebook.
  • Facebook said it’s being hit by a combination of factors, including privacy changes to Apple’s iOS and macroeconomic challenges.
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The table below compares Q1 2012, the last quarter before its IPO, to its most recently reported results for Q2 2019. JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. Additional information about your broker can be found by clicking here. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered.

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 umarkets broker review: experience matters! and creators. Let’s assume you bought 132 shares for a total of $5,016 on May 18, 2012, and held all the way through to today. In the meantime, Facebook continued its incredible growth and has turned into a global juggernaut.

Stocks rallied Friday even after the release of stronger-than-expected U.S. jobs data and a pop in Treasury yields. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

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Yields initially surged after the report, with the 10-year Treasury rate trading near its highest level in 16 years. The benchmark rate later eased from those levels, but was still up around 6 basis points at 4.78%. The U.S. economy added 336,000 jobs in September, the Labor Department said. Looking into the next year, supply growth is expected to be led by non-OPEC producers, estimated to add 1.7 million barrels a day in 2024. Meanwhile, demand growth will keep slowing, falling to under 1 million barrels a day as pandemic spending revenue declines and the rise of electric vehicles takes away consumers. Though the IEA has not seen any direct risks emerge to oil supply from the sudden Hamas-Israeli conflict, the crisis has put crude markets on “tenterhooks,” IEA added.

Industry, Sector and Symbol

Meta Platforms, Inc. is a US-based multinational technology company and 1 of the Big 5 US tech companies. It is a member of the FAANG group holding the first position with its original name, Facebook. “Zuckerberg’s net worth at $52 billion. His net worth has increased over the past year despite the stock sales as a result of the rise in Facebook’s stock price,” noted the report.

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. Messenger is a cross-platform and cross-device messaging app that allows users to interact with friends, family, groups and enterprises. On 19 February 2014, Meta (then Facebook) acquired WhatsApp, a messaging app used to communicate and transact with people worldwide. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. No wonder people were excited about the opportunity to own stock with this amazing growth story. Let’s take a look back at the early years at Facebook to understand why investors were so excited about this company going public.

Meta Platforms Inc.

In addition, My Barchart members see the last two years’ of data, where Barchart Premier members will see corporate actions going back to January 1, 2000. In addition, you can adjust the price history for dividends (check the Dividend Adjust box). My Barchart and Barchart Premier members may download the data to a .csv file for use in 3rd party spreadsheet programs.

Site visitors (not logged into the site) can view the last three months of data, while logged in members can view and download end-of-day price history for up to two years prior to today’s date. For the fiscal year, the clothing company anticipates per-share earnings in the low end of its previously guided range of $1.10 to 1.20, while analysts expected $1.11, according to consensus estimates. The revenue outlook was flat to 1%, lower than prior guidance of 1.5% to 2.5%. The conglomerate sold more than 3 million HP shares on Tuesday.

Friday’s jobs report is not enough to rid fears of higher-for-longer rates, says Shannon Saccocia

Barchart also offers extensive historical data through Barchart Excel and via API through Barchart OnDemand (Web Services). Both services provide access to historical market data across stocks, options, indices, futures and currencies. All investments involve the risk of loss and the past performance of a security or a financial lexatrade review product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.

“We forecast DTC growth to outpace Linear decline, supporting overall growth of Media, with DTC revenue surpassing Linear revenue in 2024, and Disney becoming the undisputed #2 subscription video on demand.” “Unfortunately for markets, this reading reflects there could be more the Fed needs to do to contain inflation pressures,” Culver said. “While current Street forecasts for AZO and ORLY appear largely reasonable, we are now more hard-pressed to envision multiples for shares climbing meaningfully from current levels,” analyst Brian Nagel wrote.

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