# Meta Platforms, Inc.

## Overview
Meta Platforms, Inc. (META) is currently trading on NASDAQ with a market cap of $1.55 trillion. As of April 30, 2026, at close, its stock price was $611.91, reflecting a significant after-hours drop of 8.55%.

## Financial Metrics
| Metric                | Value                |
|-----------------------|----------------------|
| Current Stock Price   | $611.91              |
| Prev Close            | $669.12              |
| Market Cap            | $1.55T               |
| Open                  | $619.32              |
| P/E Ratio             | 22.25                |
| Day Range             | $600.01 - $620.76    |
| Dividend Yield        | 0.34%                |
| 52W Range             | $520.26 - $796.25    |
| EPS                   | $27.50               |
| Volume                | 52.34M               |

## Notable Price Movement
### April 30
- After-hours price is $611.91, down 8.55% at close. Despite strong Q1 results with revenue of $56.31B (+33% YoY) and EPS of $10.44, the stock dropped significantly due to a higher than expected capital expenditure outlook for 2026 ($125B-$145B). This raised concerns about Meta's future profitability due to potential underestimations in compute needs, along with new regulatory pressures in the EU.

### April 29
- Closed at $669.12. Despite beating Q1 revenue estimates, the stock fell in after-hours trading by around 7%, attributed to a raised capex outlook and regulatory concerns.

### April 28
- Stock closed at $671.34, facing pressure from AI growth concerns and setbacks in acquisition plans due to national security issues.

### April 27
- Closed at $678.62, as analysts remain optimistic about Q1 earnings.

### April 24
- Closing price was $675.03, driven upwards by company-specific catalysts ahead of the earnings report.

## Analyst Consensus
- **Rating**: Strong Buy from 34 analysts, with a neutral rating from 32 and 2 bearish.
- **Price Target**: Current average target is $834.94.

## Key Issues
1. **AI Capital Expenditure**: The sustainability of rapid spending in AI infrastructure is a focal point, with a forward P/E of 21.5 suggesting captured growth potential against high expenses.
2. **Macro Environment**: Broader geopolitical and economic headwinds, alongside internal operational adjustments to AI spending, pose risks to sustained performance.
3. **Reality Labs Losses**: Concerns about capital misallocation in non-core segments may impact overall profitability.

## Company Profile
- **Symbol**: META
- **IPO Date**: May 17, 2012
- **CEO**: Mark Elliot Zuckerberg
- **Fulltime Employees**: 77,000
- **Sector**: Communication Services
- **Industry**: Internet Content & Information
- **Country**: United States