But still, the company boasts more users than any other social network and its core business is extremely profitable. Dropped 26% in a single day, on the heels of a Q earnings report that revealed stagnant user growth as the company shifted its resources to metaverse-related ambitions.
As its beta of 1.39 suggests, FB is more volatile than other S&P 500 stocks and even several other FAANG or FAAMG stocks . Its recent double-digit decline is all the more reason to proceed with caution. Meta’s next quarterly earnings report is expected in late April. Facebook stock price today FB’s current beta is 1.39, meaning that the stock is likely more volatile than other stocks on the S&P 500, but note that this number alone is not a full representation of FB’s volatility. Again, Meta has never paid dividends and has not released plans to do so.
How Facebook stock fits into your portfolio
The last quarter was the first period in which Facebook lost about 1.4 million active users. However, it could be assumed that investors especially FB stock price decided to watch the development of the company’s new project. Analysts predicted earnings per share EPS of 1.89 (previously 2.46).
- 605 people have added Meta Platforms to their MarketBeat watchlist in the last 30 days.
- Finder is not an advisor or brokerage service, and we don’t recommend investors to trade specific stocks or other investments.
- Facebook, which changed its name to Meta Platforms in 2021, has reported massive business growth since going public in 2012.
- Meta is currently one of the top 10 components of the S&P 500, which is a U.S. stock market index that tracks the performance of the largest companies in the country.
- 51 Wall Street analysts have issued “buy,” “hold,” and “sell” ratings for Meta Platforms in the last year.
[…] Meta shares have declined 55% over the past 18 months (compared to an average of 19% for its big-tech counterparts). The P / E ratio fell from 23x to 12x and is currently half the average P / E ratio of peers. Importantly, this decline in stock prices reflects lost confidence in the company, not just bad sentiment in the market. ” In addition, Tuesday’s problems with WhatsApp, which stopped working for several hours, may give us an https://dotbig.com/markets/stocks/FB/ environment of potentially extreme negative sentiment on the company’s shares. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc. What really rubbed investors the wrong way was a dent in Facebook’s daily active users . Meta’s earnings report showed Facebook shed half a million daily active users in the fourth quarter of 2021 — even as Facebook’s DAUs increased 5% year-over-year in December.
Thomson Reuters Products
Suffice it to say, Meta’s stock price has gone through some major swings. It’s also worth noting at the outset that Meta doesn’t pay dividends. (If so, you can buy it through any of the dotbig best online stock trading platforms.) Here’s how to find out. The company is spending heavily on new investments around the Metaverse, which may not pay off for years, if at all.
This quarter, Meta started sharing its numbers for its metaverse business, and the figures are a disaster. The company blew through $10 billion making metaverse investments last year, from hiring new employees to buying new data centers. Revenue for that segment, from sales of the Oculus goggles and games, came in at less than $1 billion in the fourth quarter, and well below analyst projections for the year. And the metaverse investment losses are going to get even steeper in 2022, when Meta expects “total expense growth rates may significantly dotbig exceed our year-over-year revenue growth rates.” The company’s flagship Facebook platform also saw a decline in global daily active users for the first time ever in the fourth quarter of 2021, which will naturally take another bite out of the advertising business. The Facebook Papers, leaked last fall, showed us that the company knows it is losing its appeal to younger customers. Acebook’s stock price has been diving since the Wall Street Journal first published initial reports from whistleblower Frances Haugen on Sept. 13.
Committing to holding the stock for three-to-five years is important. You’d hate to have to sell the stock when it’s near a low only to watch it rebound much higher after you exited https://www.cnbc.com/money-in-motion/ the position. By sticking to a long-term plan, you’ll be able to ride out the ups and downs of the stock. Our experts have been helping you master your money for over four decades.
Facebook’s stock shrugs off bad-news deluge
High institutional ownership can be a signal of strong market trust in this company. In the past three Forex months, Meta Platforms insiders have sold more of their company’s stock than they have bought.
How to buy Microsoft stock
That’s relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they’re under-valued. Trade stocks and ETFs commission-free, plus gain access to alternative investments like art, NFTs and more.
What the Facebook Whistleblower Did to the Company’s Stock in 6 Weeks
At Bankrate we strive to help you make smarter financial decisions. While we adhere to stricteditorial integrity, this post https://dotbig.com/markets/stocks/FB/ may contain references to products from our partners. Brian Beers is the managing editor for the Wealth team at Bankrate.
Its segments include Family of Apps and Facebook Reality Labs . FoA segment includes Facebook, Instagram, Messenger, WhatsApp and other services.