Shares of Technology sector company Meta Platforms moved -1.8% today, and are now trading at a price of $319.57. The large-cap stock's daily volume was 14,815,043 compared to its average volume of 25,269,262.
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 headsets, and wearables worldwide. The company is based in Menlo Park and has 77,114 full time employees. Its market capitalization is $818,984,452,096.
49 analysts are following Meta Platforms and have set target prices ranging from $100.0 to $435.0 per share. On average, they have given the company a rating of buy. At today's prices, META is trading -11.08% away from its average analyst target price of $359.41 per share.
The stock's 52 week high is $326.2 per share whereas its 52 week low is $88.09. With average free cash flows of $65.8 Billion that have been growing at an average rate of 12.3% over the last 4 years, Meta Platforms is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-02 | 50,475,000 | -31,186,000 | 81,661,000 | 7.1 |
| 2022-02-03 | 57,683,000 | -18,567,000 | 76,250,000 | 41.57 |
| 2021-01-28 | 38,747,000 | -15,115,000 | 53,862,000 | 4.76 |
| 2020-01-30 | 36,314,000 | -15,102,000 | 51,416,000 | n/a |
