Founded in 2004 and with a market capitalization of $1.7 trillion, California-based Meta Platforms, Inc. (META) engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality and mixed reality headsets, augmented reality, and wearables worldwide.
META shares have lagged behind the broader market over the past year, growing 24% compared to the S&P 500 Index ($SPX) 29.8% surge. Moreover, in 2026, the stock has climbed nearly 2.8%, lagging behind the SPX’s 4.8% rise as well.
