Facebook

(NASDAQ: FB)
Communication Services  |  Internet Content & Information
245.07 0.57 0.23%
Stock Price | July 10, 2020, 4 p.m.
2 Followers
Bid: 0.0
Ask: 0.0
Prev. Close: 244.5
52 Week Low: 137.1006
52 Week High: 247.65
PE Ratio: 33.539095
Dividend Yield: 0.0%

Company Summary

Facebook is the world's largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Facebook refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktop. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada, and 25% from Europe. With gross margins above 80%, Facebook operates at a 30%-plus margin.

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