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Meta Platforms Inc. (META)

$641.97

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Key data on META

Market cap

$1.62T

EPS

22.58

P/E ratio

28.9

Price to sales

8.69

Dividend yield

0.327%

Beta

1.287239

Price on META

Previous close

$653.06

Today's open

$652.53

Day's range

$641.23 - $653.97

52 week range

$479.80 - $796.25

Profile about META

CEO

Mark Zuckerberg

Employees

74067

Headquarters

Menlo Park, CA

Exchange

Nasdaq Global Select

Shares outstanding

2.52B

Issue type

Common Stock

Popular stocks like META
META industries and sectors

Media

Interactive Multi-Media

News on META

Meta to cut about 1,500 jobs in Reality Labs as Mark Zuckerberg doubles down on AI

The cuts are expected to hit teams working on virtual-reality headsets and Meta's VR-based social network.

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New York Post • 4 hours ago

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Meta mulls doubling output of Ray-Ban glasses by year end, Bloomberg News reports

Meta and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence-powered smart glasses to 20 million units annually by the end of this year, Bloomberg News reported on Tuesday.

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Reuters • 3 hours ago

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Meta Cutting Reality Labs Workforce by 10%

Meta reportedly plans to eliminate 10% of the jobs in its Reality Labs unit. That's according to a report Monday (Jan. 12) by Bloomberg News, which characterizes the move as part of a larger plan by Meta to reduce its focus on virtual reality products as it concentrates on other artificial intelligence (AI) wearables.

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PYMNTS • 7 hours ago

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Brazil orders Meta to suspend policy banning third-party AI chatbots from WhatsApp

Brazil's competition watchdog has ordered WhatsApp to put on hold its policy that bars third-party AI companies from using its business API to offer chatbots on the app. The agency has also started an investigation against the company to determine if the policy is anti-competitive.

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TechCrunch • 6 hours ago

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Buy Or Sell Meta Stock?

Meta Platforms (NASDAQ: META) is reportedly laying off 10% of its Reality Labs workforce, highlighting the ongoing challenges within its metaverse division. While the segment has struggled with massive financial losses and stagnant adoption, Meta's strategic pivot toward AI has begun to reshape investor expectations.

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Forbes • 3 hours ago

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Major layoffs extend into 2026 as Citi, Meta, and BlackRock cut jobs

Several major corporations have announced fresh rounds of job cuts, signalling that the wave of layoffs seen through 2025 has carried into 2026. Financial institutions and technology groups are trimming headcount as they seek to control costs, restructure operations, and redirect investment toward priority areas such as artificial intelligence and alternative assets.

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Invezz • 6 hours ago

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Meta: Buy The Dip, Ad Surge Is Paying For Capex Ambitions

Meta Platforms, Inc. remains a Buy despite the recent 20% pullback and concerns over heavy capex spending. FY25 capex guidance was raised to $70–$72 billion, with even larger dollar growth expected in 2026. Still, we note that Meta's ad revenue is accelerating, supporting heavy AI-driven capex plans and offsetting macro headwinds.

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Seeking Alpha • 4 hours ago

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Meta Wants to Double Output of Its Ray-Ban AI-Glasses Output, Cut Jobs

Meta Platforms and EssilorLuxottica are discussing potentially doubling production capacity for AI-powered smart glasses by the end of this year. Meta previously announced it is cutting more than 1,000 jobs from the Reality Labs division as part of a plan to redirect resources toward AI wearables and phone features.

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Bloomberg Markets and Finance • an hour ago

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Meta and EssilorLuxottica Consider Doubling Smart Glasses Production Capacity

Meta and eyewear maker EssilorLuxottica are reportedly considering doubling their capacity to produce Ray-Ban Meta smart glasses from 10 million to 20 million by the end of the year. If demand continues to grow, they could boost the capacity to 30 million, Bloomberg reported Tuesday (Jan. 13), citing unnamed sources.

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PYMNTS • an hour ago

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Motley Fool Survey Reveals Why AI Investors Aren't Worried About a Bubble. Here Are 2 AI Stocks to Buy in 2026.

AI investors remain bullish on AI stocks, with nine out of 10 planning to maintain or increase their positions. Nvidia has a 92% share of the GPU market and benefits from AI data center spending.

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The Motley Fool • 2 hours ago

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