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Meta Platforms (META)

(Delayed Data from NSDQ)

$567.36 USD

567.36
9,393,901

-0.48 (-0.08%)

Updated Sep 27, 2024 04:00 PM ET

After-Market: $566.66 -0.70 (-0.12%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

Zacks Rank Education - Learn about the Zacks Rank

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value B Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 34% (85 out of 251)

Industry: Internet - Software

Better trading starts here.

Zacks News

Zacks Earnings Trends Highlights: Amazon, Meta Platforms and Alphabet

Amazon, Meta Platforms and Alphabet have been highlighted in this Earnings Trends article.

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Tech Sector's Earnings Outlook Reflects Improvement

Q3 earnings estimates in the aggregate are barely down on an ex-Energy basis since June 27th, with estimates for the Tech sector actually increasing.

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Tech Sector's Earnings Outlook Reflects Improvement

Q3 earnings estimates in the aggregate are barely down on an ex-Energy basis since June 27th, with estimates for the Tech sector actually increasing.

Twilio (TWLO) Surpasses Q2 Earnings and Revenue Estimates

Twilio's (TWLO) Q2 performance reflects the benefits of constant expansion of its international business and continuous acceleration of digital transformation projects across several industries.

Akamai (AKAM) Q2 Earnings Beat Estimates on Higher Revenues

Akamai (AKAM) reports a top line expansion year over year in the second quarter of 2023, backed by solid momentum in the Security and Compute verticals.

Telephone and Data Systems' (TDS) Q2 Loss Wider Than Expected

Telephone and Data Systems (TDS) reports lower revenues year over year in the second quarter of 2023 due to weak demand trends in the U.S. Cellular vertical.

NY Times (NYT) Q2 Earnings Beat, Digital-Only Subscribers Up

NY Times' (NYT) second-quarter 2023 results reflect an increase in subscription revenues. Management envisions third-quarter 2023 subscription revenues to ascend about 8-10%.

U.S. Cellular (USM) Q2 Earnings Miss Estimates, Revenues Fall

U.S. Cellular (USM) reports a top-line contraction year over year in the second quarter of 2023, owing to a reduction in total postpaid and prepaid retail connections.

Sohu.com (SOHU) Q2 Earnings Miss Estimates, Revenues Fall Y/Y

Sohu.com (SOHU) reports a top-line contraction year over year in the second quarter of 2023, owing to declining revenues from online gaming and brand advertising segments.

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Bull of the Day: NVIDIA (NVDA)

Shares have ramped, but analysts still underestimate the King of AI and its new paradigm

Alphabet, Meta and Nvidia are part of Zacks Earnings Preview

Alphabet, Meta and Nvidia are part of Zacks Earnings Preview.

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Technology Sector Market Gains Are Driven by Fundamentals

A notable feature of the Q2 earnings season has been the absence of widespread negative guidance that a section of the market has persistently been afraid of.

YELP's Q2 Earnings and Revenues Surpass Estimates, Rise Y/Y

YELP's second-quarter results reflect benefits from increased advertising spending by customers in the post-pandemic scenario when the global economies are open.

Fortinet (FTNT) Q2 Earnings Beat Expectations, Sales Miss

Fortinet's (FTNT) Q2 results reflect strong demand for Core and Enhanced Platform Technologies, while positive pricing actions, easing supply-chain cost pressures and discounting policies in the Product segment drive earnings higher.

Cloudflare (NET) Q2 Earnings & Sales Beat Expectations, Up Y/Y

Cloudflare's (NET) second-quarter 2023 results reflect benefits from solid demand across its security portfolio amid the growing work-and-learn-from-home policies and escalating cyberattacks.

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"Big Tech" Earnings Review: ETFs in Focus

Among the top five big tech stocks, Amazon, Facebook-parent Meta and Google-parent Alphabet delivered impressive results, garnering positive reactions from investors, while Apple and Microsoft disappointed investors.

Arrow Electronics (ARW) Q2 Earnings Top Estimates, Sales Miss

Arrow Electronics' (ARW) second-quarter 2023 earnings are negatively impacted by lower revenues and unfavorable foreign currency exchange rates.

Sabre (SABR) Q2 Loss Narrower Than Expected, Revenues Rise Y/Y

Sabre's (SABR) narrower-than-expected loss & increasing sales in Q2 reflect a gradual recovery in global air, hotel and other bookings, while economies rebound to cross-border international traveling.

Amdocs (DOX) Q3 Earnings and Revenues Surpass Estimates

Amdocs' (DOX) third-quarter revenues benefit from continued strength in North America and healthy activity levels in Europe.

Zacks Earnings Trends Highlights: Microsoft, Alphabet, Meta and Nvidia

Microsoft, Alphabet, Meta and Nvidia are part of the Zacks Earnings Trends article.

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Earnings Estimates Reflect Stabilization

For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and Amazon.

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Earnings Estimates Reflect Stabilization

For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and Amazon.

Tyler (TYL) Offers Student Transportation Solution to Frisco ISD

Tyler's (TYL) Student Transportation solution is selected by Frisco Independent School District to advance routing efficiency and planning.

Stock Market News for Aug 2, 2023

Wall Street ended mostly lower on Tuesday to start off August, a historically slow month for trade.

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What Do the Q2 Earnings Reports Show?

We discuss whether profitability concerns have been over-done and what that means for the outlook.