Meta Platforms, Inc. (TSX:META)

Canada flag Canada · Delayed Price · Currency is CAD
39.76
+0.93 (2.40%)
At close: Jun 26, 2025
39.26%
Market Cap 2.49T
Revenue (ttm) 244.87B
Net Income (ttm) 95.78B
Shares Out n/a
EPS (ttm) 36.78
PE Ratio 26.00
Forward PE 28.01
Dividend 0.11 (0.28%)
Ex-Dividend Date Jun 16, 2025
Volume 220,406
Average Volume 140,273
Open 39.07
Previous Close 38.83
Day's Range 38.98 - 39.86
52-Week Range 24.77 - 40.92
Beta n/a
RSI 68.59
Earnings Date Jul 23, 2025

About Meta Platforms

Meta Platforms, Inc. 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. It operates through two segments, Family of Apps (FoA) and Reality Labs (RL). The FoA segment offers Facebook, which enables people to build community through feed, reels, stories, groups, marketplace, and other; Instagram that brings people closer through instagram feed, stories, reels, live,... [Read more]

Founded 2004
Employees 74,067
Stock Exchange Toronto Stock Exchange
Ticker Symbol META
Full Company Profile

Financial Performance

In 2024, Meta Platforms's revenue was $164.50 billion, an increase of 21.94% compared to the previous year's $134.90 billion. Earnings were $62.36 billion, an increase of 59.50%.

Financial numbers in USD Financial Statements

News

Meta buys over 1 GW of renewables to power its data centers

Meta bolstered its already considerable renewable power portfolio this week with string of deals that added over 1 gigawatt of generating capacity.

6 hours ago - TechCrunch

Meta Up 1.7% After Key Trading Signal Flashes Again This Week

Meta rises over 12 points after the alert

11 hours ago - Benzinga

Meta in talks to acquire voice cloning startup Play AI

Alongside bolstering its AI research talent pool, Meta seems to be keen to flesh out its consumer-facing AI features. The company is in discussions to acquire a voice cloning startup called Play AI, B...

12 hours ago - TechCrunch

Exclusive: Meta says EU antitrust regulators are discriminating against its business model

Meta Platforms on Friday criticised EU antitrust regulators for moving the goalpost as the U.S. company seeks to comply with an order targeting its pay-or-consent business model.

13 hours ago - Reuters

A.I. Frenzy Escalates as OpenAI, Amazon and Meta Supersize Spending

Companies like OpenAI, Amazon and Meta have supersized their spending on artificial intelligence, with no signs of slowing down.

14 hours ago - NYTimes

Mark Zuckerberg Ramps Up Meta's A.I. Spending as Competition Heats Up

Unhappy with his company's artificial intelligence efforts, Meta's C.E.O. is on a spending spree as he reconsiders his strategy in the contest to invent a hypothetical “superintelligence.

14 hours ago - NYTimes

Exclusive: Meta will only make limited changes to pay-or-consent model, EU says

Meta Platforms will only make limited changes to its pay-or-consent model rolled out in November 2024 and EU antitrust regulators cannot verify for now if the changes are sufficient to comply with an ...

14 hours ago - Reuters

Report: Meta in Talks to Acquire Voice AI Platform PlayAI

Meta is reportedly in talks to acquire voice artificial intelligence (AI) platform PlayAI. The companies are in advanced talks on a deal in which Meta would acquire PlayAI's technology and some of its...

23 hours ago - PYMNTS

META's A.I. Revenue Potential Boosts Bullish Optimism from Analysts

Meta Platforms (META) continues to ride on bullish optimism, this time from UBS. The firm upped its price target to $812 from $683 on expectations Meta can deliver long-term A.I.

1 day ago - Schwab Network

Meta hires key OpenAI researcher to work on AI reasoning models

Meta has hired a highly influential OpenAI researcher, Trapit Bansal, to work on its AI reasoning models under the company's new AI superintelligence unit, a person familiar with the matter tells Tech...

1 day ago - TechCrunch

Meta Reportedly Hires Away 3 Researchers From OpenAI

Meta has reportedly convinced three of OpenAI's researchers to jump ship. [contact-form-7] Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai, all stationed with OpenAI's Zurich office, have been hire...

1 day ago - PYMNTS

The Magnificent 7 Is Splitting. Why Microsoft and Meta Are Top of the Heap.

Both companies have bigger year-to-date gains than Nvidia, though the chipmaker has a larger market capitalization.

1 day ago - Barrons

This outlook shows why investors should maintain exposure to the ‘Magnificent Seven'

Big Tech is expected to see double the earnings growth of the S&P 500, as long as the group can maintain momentum in a key area.

1 day ago - Market Watch

Invenergy to supply Meta with additional 791 MW for data center operations

Renewable energy company Invenergy and Meta Platforms on Thursday signed four clean energy agreements that represent an additional 791 megawatts (MW) of procured solar and wind energy to support data ...

1 day ago - Reuters

Invenergy to Provide Meta with Nearly 800 MW, Supporting Data Center Operations

New agreements nearly double total procured clean energy between the companies, provide near-term energy capacity CHICAGO , June 26, 2025 /PRNewswire/ -- Invenergy, America's largest privately held de...

1 day ago - PRNewsWire

A judge just handed Meta a big AI copyright victory. He said lawyers for the other side fumbled the case.

Meta just won a major AI copyright case — thanks to a legal misstep by the other side. A group of authors had sued Meta, saying their copyrighted books were used to train its AI models.

1 day ago - Business Insider

Meta wins AI copyright lawsuit as US judge rules against authors

Writers accused Facebook owner of breach over using books without permission to train its AI system

1 day ago - The Guardian

Meta's recruiting blitz claims three OpenAI researchers

In the fight for top AI talent, Meta just reportedly snagged a win, poaching three OpenAI researchers despite Sam Altman's public mockery of Mark Zuckerberg's lavish hiring tactics.

1 day ago - TechCrunch

Meta hires three OpenAI researchers, WSJ reports

Meta Chief Executive Mark Zuckerberg has hired three OpenAI researchers to join his superintelligence efforts, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

1 day ago - Reuters

Meta Poaches Three OpenAI Researchers

The social-media giant has hired Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai for its superintelligence effort.

1 day ago - WSJ

Meta wins AI copyright case, but judge says others could bring lawsuits

Meta on Wednesday prevailed against a group of 13 authors, including Sarah Silverman and Ta-Nehisi Coates, in a major copyright case involving the company's Llama artificial intelligence model. The ju...

1 day ago - CNBC

Federal judge sides with Meta in lawsuit over training AI models on copyrighted books

A federal judge sided with Meta on Wednesday in a lawsuit brought against the company by 13 book authors, including Sarah Silverman, that alleged the company had illegally trained its AI models on the...

1 day ago - TechCrunch

Meta fends off authors' US copyright lawsuit over AI

A federal judge in San Francisco ruled on Wednesday for Meta Platforms against a group of authors who had argued that its use of their books without permission to train its artificial intelligence sys...

1 day ago - Reuters

Lousiana Gov. Jeff Landry on Meta's $10 billion data center investment

CNBC's Scott Cohn and Jeff Landry, Louisiana Governor, joins 'Power Lunch' to discuss the construction site of Meta's $10 billion data center, what'll happen with FEMA and much more.

2 days ago - CNBC Television

Netflix, Meta, Microsoft Power QQQ's Golden Cross – Is The Rally Just Beginning?

Invesco QQQ ETF QQQ just flashed a Golden Cross, and it's not just a technical footnote – it's a bullish billboard.

2 days ago - Benzinga