ATLAS
META

Meta Platforms

Strategic Compounder
Cloud platforms·US·Menlo Park, CA·#3 / 10 in segment·11.5% of segment mcap
$605.06
-32.0% vs S&P 12m

Llama frontier open-weights, Reality Labs investment, and unmatched consumer AI distribution across Facebook, IG, WhatsApp.

Largest open-weights model provider; capex acceleration tied to compute for ranking/recommendation and consumer AI distribution.

Products
  • Facebook/IG/WhatsApp
  • Llama models
  • Reality Labs
Customers (2)
  • Consumers
  • Advertisers
Competitors (3)

Composite score

Higher = stronger overall research case

68
Fundamental72
Technical29
Valuation87
AI relevance88
Risk-adjusted (higher = safer)49
Segment-relative fundamental percentile: 100

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: -14.5%6M RS: -10.8%12M RS: -32.0%Vol30d: 36%DD52w: -23.4%

Financial summary

Curated, illustrative

Revenue
$214.96B
Growth (YoY)
33.1%
Gross margin
81.9%
Operating margin
40.6%
FCF
$25.56B
Capex
$98.44B
Net cash / (debt)
$-5.59B
ROIC
16.4%
Customer conc.
Medium

Valuation

Market cap
$1.54T
Enterprise value
$1.54T
P/E (TTM)
22.0x
Forward P/E
16.7x
EV / Sales
7.2x
EV / EBITDA
14.1x
P / FCF
60.1x
PEG
0.9x
Rule of 40

Risks

Severity 1 (low) to 5 (severe)

  • 4
    Capex absorption vs. monetization
  • 3
    Regulatory scrutiny (esp. EU)

Score components

What drove the composite

Growth89
Profitability94
Cash generation52
Balance sheet78
Moat / AI relevance88
Capital intensity (higher = lighter)21
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)5
Momentum (3/6/12m)37
Relative strength37
Realized vol (higher = lower vol)59