META: Double Top from AprilMETA is overbought and is getting rejected from the resistance set in early April at 531. I expect a retracement to at least the 0.236 Fibonacci retracement of 510.
Key facts today
Next report date
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Report period
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EPS estimate
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Revenue estimate
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20.13USD
39.10 BUSD
134.90 BUSD
2.18 B
About Meta Platforms
Sector
Industry
CEO
Mark Elliot Zuckerberg
Website
Headquarters
Menlo Park
Employees (FY)
67.32 K
Founded
2004
FIGI
BBG000MM2P62
Meta Platforms, Inc., engages in the development of social media applications. It builds technology that helps people connect, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.
META: Be very careful with these critical points. 1H & D charts1-Hour Chart (Left Side)
On the 1-hour chart, a Head and Shoulders pattern has formed, which is typically considered a bearish reversal pattern. The neckline of this pattern is around the $523.12 level. If the price breaks below this neckline with strong volume, it could signal further downside, po
META - Closing Options Contract $$$Buy to Close AUG16 525 PUT @ 0.47
Realized Gains: 6.35-.47 = $5.88 or $588.00 per contract.
With the bulk of the profit already realized there is no sense in being greedy for the last 7% of the contract. Take the money and run!
Real money.... Real Trades not just selling signals and not having
490 clear sign of supportAfter its huge run back up from the tech sector retrace, has slowed down since and could either make a new high or test its patience by allowing for more resources. On the downside for me.
META - Trade IdeaBuy to Open META @ 525.00 +-
Stop Loss - 495.00
Target - 595.00
Just like the relative strength and a nice consolidation breaking out.
META daily channel is getting tight.NASDAQ:META daily chart shows consolidation and has a lot of room to supply above recent highs, should the daily 5 SMA confirm to the upside. Watching closely to see which way this consolidation resolves, as there are always a million opinions, but only one confirmation.
Declining Momentumhead of the expiring date the upward momentum is declining. A correction ma be expected. How large it will be has to be observed. After this long rise that lasted for almost 2 years even a major correction is possible.
METAMarket Insight: META (Meta Platforms, Inc.)
In our June 5th, 2024 forecast, we advised a sell slightly after the market’s peak. Though not the highest point, this decision preserved investor capital and provided better re-entry opportunities.
Key Points:
• First Green Line (October 7th, 2024): A
BUY FOR ONE MORE UP SWING UNTIL 2026The top is not yet, one more heavy swing up soon
buy more and hold
The panic will end and all the bulls with step forward again soon
Buy...
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Frequently Asked Questions
The current price ofMETAis535.16USD— it has increased by1.60% in the past 24 hours. WatchMeta Platformsstock price performance more closely on thechart.
Depending on the exchange, the stock ticker may vary. For instance, onNASDAQexchangeMeta Platformsstocks are traded under the tickerMETA.
METAstock has risen by1.34% compared to the previous week, the month change is a9.99% rise, over the last yearMeta Platformshas showed a82.93% increase.
We've gathered analysts' opinions onMeta Platformsfuture price: according to them,METAprice has a max estimate of647.00USDand a min estimate of382.00USD.WatchMETAchartand read a more detailedMeta Platformsstock forecast:see what analysts think ofMeta Platformsand suggest that you do with its stocks.
METAstock is2.40% volatile and has beta coefficient of0.91.TrackMeta Platformsstock price on thechartand check out the list of themost volatile stocks— isMeta Platformsthere?
TodayMeta Platformshas the market capitalization of1.35 T,it has decreased by−0.01% over the last week.
Yes, you can trackMeta Platformsfinancialsin yearly and quarterly reports right on TradingView.
Meta Platformsis going to release the next earnings report onOct 23, 2024.Keep track of upcoming events with ourEarnings Calendar.
METAearnings for the last quarter are5.16USDper share, whereas the estimation was4.72USDresulting in a9.39% surprise. The estimated earnings for the next quarter are5.17USDper share. See more details aboutMeta Platformsearnings.
Meta Platformsrevenuefor the last quarter amounts to39.07 BUSD,despite the estimated figure of38.26 BUSD.In the next quarter, revenue is expected to reach40.03 BUSD.
METAnet income for the last quarter is13.46 BUSD,while the quarter before that showed12.37 BUSDof net income which accounts for8.86% change. Track moreMeta Platformsfinancial statsto get the full picture.
Yes,METAdividends are paid quarterly. The last dividend per share was0.50USD.As of today, Dividend Yield (TTM)% is0.19%. TrackingMeta Platformsdividendsmight help you take more informed decisions.
Meta Platformsdividend yield was0.00% in2023,and payout ratio reached0.00%. The year before the numbers were0.00% and0.00% correspondingly. Seehigh-dividend stocksand find more opportunities for your portfolio.
As ofAug 22, 2024,the company has67.32 Kemployees. See our rating of thelargest employees— isMeta Platformson this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company.Meta PlatformsEBITDA is73.69 BUSD,and current EBITDA margin is45.50%. See more stats inMeta Platformsfinancial statements.
Like other stocks,METAshares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can tradeMeta Platformsstock right from TradingView charts — choose yourbrokerand connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. SoMeta Platformstechnincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month ratingMeta Platformsstock shows the strong buy signal. See more ofMeta Platformstechnicalsfor a more comprehensive analysis.
If you're still not sure, try looking for inspiration in ourcurated watchlists.
If you're still not sure, try looking for inspiration in ourcurated watchlists.