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Barchart
Barchart
Sristi Jayaswal

Meta Platforms Stock: Analyst Estimates & Ratings

Meta Facebook

Meta Platforms, Inc. (META), headquartered in Menlo Park, California, develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. Boasting a market cap of over $1.2 trillion, the company's portfolio of apps includes Facebook, Instagram, WhatsApp, Threads, and Messenger. Formerly known as Facebook, Meta changed its name to reflect its shifting focus toward metaverse and artificial intelligence (AI) applications.

Shares of the mega-cap social media giant have outperformed the broader market over the last year. META has gained 104.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.2%. Also, in 2024, Wells Fargo stock rose 34.5%, surpassing SPX's 9.5% rise on a YTD basis.

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