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Meta Platforms, Inc. — Intrinsic Value & Fair Price

META
NASDAQCommunication ServicesInternet Content & InformationCIK 0001326801meta.comAbout META
Last close · Oct 16, 2026709.33−27.39 (−3.72%)
Market cap$1.8T
Model value · DCF · Perpetuity growth · 5y
642.15
Meta Platforms closed at $709.33 — overvalued by 10% vs model.
429.45the model's range1,276.55

DCF · Perpetuity growth · 5y leads for profitable growth — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
56.10 – 1,032.80
Wall St. target
825.00 14% below
Above model, 1y
89 of 97 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
0.30%
Past 2 years
low 0.26%high 0.42%
Dividends per share, a year at a time
$2.08Sep ’25$2.10TTM
Dividends / free cash flow, FY2025
11.5%
Raised
1+ years in a row
Growth, 1 yr
1.2% a year
Last change
+5.0% · Mar 2025
Every payment, with ex-dates · latest $0.525, paid Sep 28, 2026

Research on META

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How it is valued

Valued asProfitable Growth
High revenue growth (~22% recent)High profitability (30% net margin)Moderately volatile earnings
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
30.2×
EV / EBITDA
17.7×
FCF yield
2.6%
Dividend yield, TTM
0.30%
Beta
1.19
Cost of capital (WACC)
9.52%
On the lists: #7 Largest companies
Full financials

Analyst actions

third-party, quoted
10-16Deutsche Bank · target820.00
10-14Guggenheim · target850.00
10-13Pivotal Research · target930.00
09-10JP Morgan · “Overweight” from “Neutral”upgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label
3 more companies list META as a comparable

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just META. No account.

About Meta Platforms

Meta Platforms Inc., which operated as Facebook, Inc. until its October 2021 rebranding, is a technology enterprise focused on developing innovative products that empower people globally to connect and share with their friends and family. These services are accessible across a variety of digital platforms, including mobile phones, personal computers, virtual reality devices, and wearables. The company's activities are organized into two principal divisions: the Family of Apps and Reality Labs. The Family of Apps segment encompasses well-known platforms such as: Facebook, where users can share content, participate in discussions, explore new interests, and build connections. Instagram, a vibrant community dedicated to sharing visual media like photos and videos, sending private messages, and utilizing features such as user feeds, ephemeral stories, short video reels, live streams, and integrated shopping functionalities. Messenger, a dedicated application that facilitates text, audio, and video communications, enabling individuals to communicate with their social networks, communities, and even businesses across different devices and operating systems. WhatsApp, a widely adopted and secure messaging service employed by individuals and enterprises for private communication and financial transactions. The Reality Labs division concentrates on pioneering augmented and virtual reality technologies. This segment is responsible for creating consumer-grade hardware, sophisticated software, and engaging content, all aimed at fostering a sense of connection among people, regardless of their physical location or time zone. Meta Platforms Inc. was founded in 2004 and its corporate headquarters are situated in Menlo Park, California.

CEO
Mark Elliot Zuckerberg
Headquarters
Menlo Park, CA
Employees
75,472
IPO
2012-05-18
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.