Meta Platforms Inc (META) Share Price Analysis
Name: Meta Platforms Inc (META) Formally Facebook
Description: Have had a good run of it recently, and are approaching all time highs. When Meta shares reach 375 we will see if the company has the drive to power through for investors.
Summary
The current NASDAQ:META share price is $324.82 which is a change of -2.33 or 0.71% from the last closing price of 324.82 with 15,276,375 shares traded giving NASDAQ:META a market capitalisation of $834,742,593,662. The most recent daily high has been 326.86 and daily low 320.76. The NASDAQ:META share price 52 week high has been 342.92 and the 52 week low 112.46. Based on the most recent NASDAQ:META share price opening of 324.82, the current NASDAQ:META EPS (earnings per share) are 11.1 and the PE (price earnings ratio) is 29.26. Pricing data last updated 01/12/2023 16:00.
Pros
- High average revenue per user.
- Strong free cash flow conversion.
- Aggressive share repurchases policy.
Cons
- Data privacy and competition issues.
- Costly investments in metaverse.
- Potential for unprofitable metaverse venture.
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Outlook
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