How to buy Meta Platforms stock in Canada

Our top picks for where to buy Meta Platforms stock

What is Meta Platforms?

Meta Platforms (formerly Facebook) is one of the biggest listed companies in the United States and the creator of the popular social network platform by the same name. Its other products include Instagram, Messenger, WhatsApp and Facebook Reality Labs. Headquartered in California, the company was founded in 2004 and went public on the Nasdaq in 2012.

Meta Platforms stock price

Meta Platforms price performance over time

Historical closes compared with the close of $592.83 from 2024-12-02

1 week (2024-11-26)	3.36%
1 month (2024-11-01)	4.53%
3 months (2024-09-03)	15.84%
6 months (2024-06-03)	24.16%

1 year (2023-12-01)	82.51%
2 years (2022-12-02)	380.06%
3 years (2021-12-03)	93.20%
5 years (2019-12-03)	198.17%

Buy Meta Platforms, Inc. stock from these online trading platforms

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Note: The dollar amounts in the table below are in Canadian dollars.

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Alternative ways to invest in Meta

Buying stocks in just one company can leave you more exposed to unexpected swings in the market than if you have a range of investments otherwise known as a diversified portfolio. Experts generally recommend having a broad mix of assets and funds on the basis that drops in the value of some will be offset by rises elsewhere.

This means that it’s generally a good idea to invest in exchange traded funds (ETFs) or index funds like the S&P 500 to expose yourself to a variety of companies and industries. The good news is that Meta is a major part of the NASDAQ index, so it’s included in many global funds and investment trusts like the S&P 500, as well as ETFs.

Related: Best ETFs of 2023

Meta Platforms financials

Revenue TTM	$156.2 billion
Operating margin TTM	42.77%
Gross profit TTM	$92.9 billion
Return on assets TTM	17.19%
Return on equity TTM	36.13%
Profit margin	35.55%
Book value	$65.19
Market capitalisation more info button	$1.4 trillion

TTM: trailing 12 months

Meta Platforms share price volatility

Over the last 12 months, Meta Platforms's shares have ranged in value from as little as $312.7185 up to $602.95. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Meta Platforms's is 1.215. This would suggest that Meta Platforms's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Meta Platforms overview

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 headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately. The Reality Labs segment provides augmented and virtual reality related products comprising consumer hardware, software, and content that help people feel connected, anytime, and anywhere. The company was formerly known as Facebook, Inc. and changed its name to Meta Platforms, Inc.

Frequently asked questions about Meta (META)

• Can you buy Facebook Meta stock?

  Investing in Facebook is the same as investing in Meta Platforms, which is Facebook's parent company. You can invest in Facebook by buying individual META stock or shares of ETFs or index funds.

• Can I buy Meta stock?

  Yes, you can buy Meta stock through a broker. If you don't already have one, choose a broker from our table above and open an account to get started. Many online brokers offer fee-free or fractional stock trading, so make sure you compare brokers to find the right one for you.

• How much does it cost to buy stock in Meta?

  As of March 15, 2023, the cost of 1 Meta share was $193.21 (USD). Many online brokers offer zero commission or fractional stock trading, so make sure you compare brokers to find the right one for you.

• What percentage of Meta is owned by insiders or institutions?

  As of March 2023, approximately 0.25% of Meta Platform shares are held by insiders and 76% by institutions.

• When does the fiscal year end for Meta?

  Meta Platforms' fiscal year ends in December.

• What is Meta's ISIN number?

  Meta's international securities identification number is: US30303M1027

• What is Meta's CUSIP number?

  Meta's Committee on Uniform Securities Identification Procedures number is: 30303M102

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.