Meta has appointed three new members to its board of directors, the company announced Monday: UFC president and CEO Dana White, European investment company Exor CEO John Elkann, and tech investor and entrepreneur Charlie Songhurst. In a press release, Meta CEO Mark Zuckerberg said that White, Elkann, and Songhurst “will add a depth of expertise and perspective” that’ll help Meta “tackle the massive opportunities ahead with AI, wearables, and the future of human connection.” White was named CEO of UFC in 20 ...

Shares of Meta Platforms (META 0.90%) fell to a cheap valuation in 2022 and have soared almost 400% over the last two years. However, the stock is still trading at a reasonable 23 times this year's earnings estimate that could support more gains in 2025.JMP Securities analyst Andrew Boone recently raised the firm's price target to $750, implying upside of 25% over the current $599 share price, and maintained an outperform (buy) rating on the stock. The analyst sees several reasons to be bullish on the socia ...

Stock Performance - Meta Platforms (META) ended the latest trading session at $604 63, marking a +0 9% increase from the previous day's close [1] - The stock underperformed compared to the S&P 500's daily gain of 1 26%, the Dow's 0 8% increase, and the Nasdaq's 1 77% rise [1] - Over the past month, META's stock dropped by 1 59%, underperforming the Computer and Technology sector's gain of 0 84% but outperforming the S&P 500's loss of 2 82% [1] Financial Projections - Meta Platforms' upcoming EPS is projected at $6 76, representing a 26 83% increase compared to the same quarter last year [2] - Revenue is expected to reach $46 98 billion, showing a 17 13% increase from the year-ago quarter [2] Analyst Estimates and Revisions - Positive revisions to analyst estimates reflect optimism about the company's business and profitability [3] - Estimate revisions are directly correlated with near-term share price momentum [4] - The Zacks Consensus EPS estimate for META has increased by 0 04% over the past month [5] Valuation Metrics - Meta Platforms is currently trading at a Forward P/E ratio of 23 8, which is a discount compared to the industry average of 27 87 [6] - META's PEG ratio is 1 19, lower than the Internet - Software industry average of 2 04 [6] Industry Ranking - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 25, placing it in the top 10% of over 250 industries [7] - The top 50% of industries ranked by Zacks outperform the bottom half by a factor of 2 to 1 [7] Zacks Rank - Meta Platforms currently has a Zacks Rank of 2 (Buy) [5] - Stocks with a Zacks Rank of 1 have historically delivered an average annual return of +25% since 1988 [5]

Meta is deleting Facebook and Instagram profiles of AI characters the company created over a year ago after users rediscovered some of the profiles and engaged them in conversations, screenshots of which went viral.The company had first introduced these AI-powered profiles in September 2023 but killed off most of them by summer 2024. However, a few characters remained and garnered new interest after the Meta executive Connor Hayes told the Financial Times late last week that the company had plans to roll ou ...

Nick Clegg has made almost $19m (£15.3m) from the sale of shares in Meta since he joined the owner of Facebook, Instagram and WhatsApp six years ago.The former British deputy prime minister announced on Thursday he was leaving his role as president of global affairs and communications.Clegg, who was knighted in 2018 for political and public service, has sold $18.4m worth of shares in Meta since he joined the company.His total pay at Meta has not been disclosed but he still holds almost 39,000 of the company ...

Meta is using AI to improve its core products.In today's video, I discuss Meta Platforms (META 2.35%), its business strategy, growth opportunities, potential risks, and why artificial intelligence stock investors should not ignore this massive social company.*Stock prices used were the market prices of January 2, 2025. The video was published on January 3, 2025. ...

Nikolaos Sismanis holds a BSc in Banking and Finance and has over five years of experience as an equities analyst. He covers a variety of growth stocks and income stocks, including identifying those with the highest expected return potential, and a solid margin of safety. He is a contributing author to the investing group He is a contributing author to the investing group Wheel of Fortune where they share actionable trading ideas across all asset-classes, sectors and industries. The goal of the service is t ...

Looking to the past to predict the future in the stock market isn't always accurate, as companies are constantly changing alongside the broader market. However, it can be useful to see how a stock performed when it reached similar valuation or growth levels, especially with cyclical companies.I recently did this with Meta Platforms (META -0.59%), and it revealed some incredible results I think investors must pay attention to heading into 2025.Meta Platforms provides solid growth at a reasonable priceWhile m ...

All the available evidence points to this supercharged growth stock announcing its first-ever stock split over the coming year.There's been a resurgence in the popularity of stock splits in recent years. The practice was fairly common during the late 1990s before fading into obscurity, only to come roaring back to life over the past several years. Companies will normally embark on a stock split as the result of years of robust growth and consistently strong financial results that drive a soaring stock price ...

Meta reportedly expects to see artificial intelligence (AI) characters generating content on its social media platforms Instagram and Facebook.These AI characters will exist alongside existing accounts on the platforms, Connor Hayes, vice president of product for generative AI at Meta, told the Financial Times (FT) in an article posted Thursday (Dec. 26).“They’ll have bios and profile pictures and be able to generate and share content powered by AI on the platform … that’s where we see all of this going,” H ...