METAC Stock Price and Chart — BCBA:METAC

Overview

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Baird estimates WhatsApp ads may generate around $10 billion for Meta Platforms in 3–5 years, with additional revenue from subscriptions and fees potentially adding another $10 billion.

Meta Platforms' shares hit an all-time high of $747.90 after the announcement of its new superintelligence unit, Meta Superintelligence Labs, led by Alexandr Wang, the former CEO of Scale.

Meta Platforms has launched a unified Ads Manager, allowing businesses to manage ads across WhatsApp, Facebook, and Instagram from one portal, improving marketing for small and mid-sized firms.

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About Meta Platforms

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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