How to Buy Facebook Stock
Meta Platforms Inc
Facebook, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide.
Facebook stock last closed at $136.41, down 3.67% from the previous day, and has decreased 59.83% in one year. It has underperformed other stocks in the Internet Content & Information industry by 0.03 percentage points. Facebook stock is currently +1.71% from its 52-week low of $134.12, and -61.45% from its 52-week high of $353.83.
As of Sep 29, 2022, there are 2.69B shares of META outstanding. The market value of META is $366.61B. In the past 24 hours, 38.93M META shares were traded.
How to Buy Facebook Stock
Not sure how to invest in Facebook stock? Here's how.
- Figure out where to buy Facebook stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you choose where to buy Facebook stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found. It's the best place to buy META stock.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Evaluate Facebook stock: The Facebook ticker symbol is META. Is Facebook stock a good investment? Should you buy shares of META? How do META's underlying business fundamentals look? Do top analysts think Facebook is a good buy? Why has META's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if META is a good stock to buy).
- Make your META buy order: Decide if you will purchase META shares at the current market price or use a limit order to purchase META stock at a specific price.
- Keep an eye on your META position: Create a watchlist to important updates regarding your investment in Facebook shares.
Step 1: Figure out where to buy Facebook stock
You will need an online brokerage account to access the NASDAQ market and buy META shares.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best stock brokerage. Here's why:
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- Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs, commodities, cryptocurrencies, and currencies (forex).
Get $10 towards your your META stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen it's time brokerage, chosen to fill out some personal information so you can buy META today.
How to Open a New Investment Account on eToro
- Click here to get started.
- Enter your personal details to start your new trading account.
- Submit your application by hitting the "Create Account" button.
Step 3: Deposit funds into your investment account
Check out the tutorial below for more details transferring funds into your new investment account.
Step 4: Evaluate Facebook stock
It's crucial to evaluate stocks prior to investing, so you truly understand the risk as well as the upside.
Facebook quick stats
Facebook Due Diligence Checks
WallStreetZen was created to help average investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on META's stock page.
What is the fair value of META stock?
Investors use many financial metrics, analyses, models, and charts to gauge META's true value.
Using relative valuations methods:
- META may be overvalued based on its P/E ratio of 11.18x, relative to Internet Content & Information industry P/E ratio of 6.59x
- META could be undervalued based on its P/B ratio of 2.91x, relative to Internet Content & Information industry P/B ratio of 3.89x
You can access more valuation research on META's stock here.
How do META Financials look?
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the META balance sheet.
- META's operating cash flow of $58.47B allows it to safely service it's debt of $16.07B.
- There are more short-term assets than long-term liabilities on the META balance sheet.
- META has a low debt to equity ratio of 0.35.
- META earnings of $40.36B is not sufficient to cover its interest payments.
Negative Health Checks:
- Total META debt is higher than 5 years ago, relative to shareholder equity.
- META profit margin has gone down from 37.2% to 28.2% in the past year.
Do Wall Street analysts think it's a good time to buy Facebook stock
Out of 41 Wall Street analysts who give forecasts on META, the consensus analyst rating on META is a Buy
Should I buy or sell META stock?
Based on 41 analysts offering ratings for Meta Platforms Inc.
Most Recent META Analyst Forecasts
Youssef Squali, a top 26% analyst from Truist Securities maintains META with a strong buy rating and lowers their META price target from $260.00 to $240.00, on Sep 28, 2022.
Squali lowered his price target on Meta Platforms, Inc. by 7.7%.
Although lowering his price target, Squali told investors he is keeping his Strong Buy ratings on the big names in his Internet and Digital Media portfolio.
The analyst said he made the PT move to account for worsening FX rates and a potentially decelerating macro backdrop.
His model foresees a mild recession in 2023, the analyst detailed, adding that "growth will be pressured."
However, the companies' "strong cost containment" should help protect margins, Squali noted.
Meta shares have lost 58.25% YTD, against the S&P 500's 22% decline.
Thomas Champion, a bottom 5% analyst from Piper Sandler maintains META with a hold rating and lowers their META price target from $190.00 to $175.00, on Sep 12, 2022.
Barton Crockett, a bottom 9% analyst from Rosenblatt maintains META with a hold rating and lowers their META price target from $156.00 to $154.00, on Sep 7, 2022.
Rob Sanderson, a bottom 31% analyst from Loop Capital maintains META with a hold rating and lowers their META price target from $180.00 to $165.00, on Aug 22, 2022.
Brian Nowak, a bottom 4% analyst from Morgan Stanley maintains META with a strong buy rating and lowers their META price target from $280.00 to $225.00, on Aug 19, 2022.
You can dig deeper into what analysts are forecasting on the Facebook stock forecast page.
META Technical Indicators
META Performance Numbers
Last year, META earnings were $33.63B. During the past 5 year, META's earnings have increased by 21.81% per year. This was slower than the Internet Content & Information industry average of 25.02%.
Last year, META revenue was $119.41B. In the last five year, META's revenue has grown by 29.2% per year. This was faster than the Internet Content & Information industry average of 26.93%.
Find out more about META's earnings and revenue performance here.
What are META executives and large shareholders up to?
In the last year, insiders at META have sold more shares than they have bought.
Jennifer Newstead, Chief Legal Officer of META, was the latest META insider to sell. They sold $49,853.34 worth of META stock on Sep 20, 2022.
Get more info about who owns META stock here.
Can I get consistent income from META stock?
No, Facebook doesn't provide an income stream by paying out dividends.
What do other traders have to say about META?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your META buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Click the Open button and your broker will place your order.
If you require additional help with investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your META position
Now that you own some shares in META, you'll want to stay up-to-date on your company.
Add META to a watchlist to get the latest updates about your META stock.
META Feed
How to Buy Stock in Facebook
To reiterate, here are the 6 steps to buy stock in Facebook:
- Figure out where to buy Facebook stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Evaluate Facebook stock
- Make your META buy order
- Keep an eye on your META position
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your investment in Facebook, hit the button below to create your watchlist.
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