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How to buy Instagram stock

Instagram isn't publicly traded, but you can invest in its parent company, Meta Platforms Inc (META).

Meta
NASDAQ: META-USD
About 8 hours ago

$509.5

+$4.82 (+0.96%)

Meta is an internet content & information business based in the US. Meta shares (META) are listed on the NASDAQ and all prices are listed in US Dollars. Meta employs 69,329 staff and has a trailing 12-month revenue of around $142.7 billion.

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Latest updates for Meta

June 24, 2024: Reports suggest that Apple is considering teaming up with Meta and integrating its Llama 3 AI model into products to catch up with rivals faster (instead of creating its own models from scratch).

June 21, 2024: Analyst Justin Patterson at Keybanc maintained an Overweight rating on Meta, with an updated price target of $540 (up from $475), according to Benzinga.

June 13, 2024: Mark Zuckerberg has sold a significant number of company shares, according to a recent filing. The transactions, which took place on June 12, 2024, involved the sale of Meta Platforms' Class A Common Stock and amounted to a total exceeding $8 million, according to Investing.com.

June 7, 2024: Meta launched its first AI-driven ad targeting program for businesses on WhatsApp, as it tries to wring revenue out of the popular chat service, the company announced on Thursday at a conference in Brazil, according to Reuters.

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Meta stock price (NASDAQ: META)

Use our graph to track the performance of META stocks over time.

Meta shares at a glance

Information last updated 2024-06-27.
Latest market close$504.68
52-week range$273.82 - $530.96
50-day moving average $479.50
200-day moving average $409.29
Wall St. target price$516.79
PE ratio 29.5066
Dividend yield $0.5 (0.39%)
Earnings per share (TTM) $17.39

Is it a good time to buy Meta stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Meta price performance over time

Historical closes compared with the close of $504.68 from 2024-07-01

1 week (2024-06-26) -1.64%
1 month (2024-06-03) 5.69%
3 months (2024-04-03) -0.41%
6 months (2024-01-03) 46.51%
1 year (2023-07-03) 76.45%
2 years (2022-07-01) 215.37%
3 years (2021-07-02) 42.28%
5 years (2019-07-03) 155.92%

Is Meta stock undervalued or overvalued?

Valuing Meta stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meta's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Meta's P/E ratio

Meta's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 30x. In other words, Meta shares trade at around 30x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Meta's PEG ratio

Meta's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1572. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Meta's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Meta's EBITDA

Meta's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $68.4 billion.

The EBITDA is a measure of a Meta's overall financial performance and is widely used to measure a its profitability.

Meta financials

Revenue TTM $142.7 billion
Operating margin TTM 38.58%
Gross profit TTM $92.9 billion
Return on assets TTM 17.31%
Return on equity TTM 33.36%
Profit margin 32.06%
Book value $58.94
Market Capitalization $1.3 trillion

TTM: trailing 12 months

Meta share dividends

6%

Dividend payout ratio: 5.74% of net profits

Recently Meta has paid out, on average, around 5.74% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.39% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Meta shareholders could enjoy a 0.39% return on their shares, in the form of dividend payments. In Meta's case, that would currently equate to about $0.5 per share.

While Meta's payout ratio might seem low, this can signify that Meta is investing more in its future growth.

Meta's most recent dividend payout was on 26 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 14 June 2024 (the "ex-dividend date").

Meta share price volatility

Over the last 12 months, Meta's shares have ranged in value from as little as $273.8173 up to $530.9628. A popular way to gauge a stock's volatility is its "beta".

META.US volatility(beta: 1.21)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Meta's is 1.206. This would suggest that Meta'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 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

What percentage of Meta is owned by insiders or institutions?
Currently 0.18% of Meta shares are held by insiders and 79.142% by institutions.
How many people work for Meta?
Latest data suggests 69,329 work at Meta.
When does the fiscal year end for Meta?
Meta's fiscal year ends in December.
Where is Meta based?
Meta's address is: 1 Meta Way, Menlo Park, CA, United States, 94025
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

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