Shares of Technology sector company Meta Platforms moved -2.0% today, and are now trading at a price of $769.42. The Large-Cap stock's daily volume was 13,926,464 compared to its average volume of 11,951,706. The S&P 500 index returned a -0.0% performance.
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 and mixed reality headsets, augmented reality, and wearables worldwide. The company is based in Menlo Park and has 75,945 full time employees. Its market capitalization is $1,932,890,734,592. Meta Platforms currently offers its equity investors a dividend that yields 0.3% per year.
61 analysts are following Meta Platforms and have set target prices ranging from $658.0 to $1086.0 per share. On average, they have given the company a rating of buy. At today's prices, META is trading -10.58% away from its average analyst target price of $860.42 per share.
Over the last year, META's share price has increased by 48.4%, which represents a difference of 33.4% when compared to the S&P 500. The stock's 52 week high is $796.25 per share whereas its 52 week low is $479.8. With average free cash flows of $33.54 Billion that have been growing at an average rate of 19.3% over the last 5 years, Meta Platforms is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 91,328,000 | 37,256,000 | 54,072,000 | 22.7 |
| 2023 | 71,113,000 | 27,045,000 | 44,068,000 | 128.46 |
| 2022 | 50,475,000 | 31,186,000 | 19,289,000 | -50.53 |
| 2021 | 57,683,000 | 18,690,000 | 38,993,000 | 65.34 |
| 2020 | 38,747,000 | 15,163,000 | 23,584,000 | 11.18 |
| 2019 | 36,314,000 | 15,102,000 | 21,212,000 |
