Facebook

One sentence overview: The largest social media platform connecting friends and family, to discover what’s going on in the world, and to share and express what matters to them.

Facebook Ticker : FB    

5/21/2020 Stock Price: $231.86

5/21/2020 Market Cap: $661B

Total Shares Outstanding Recent Quarterly Report: 2.41 billion shares

Company Investor Relations Page

https://investor.fb.com/home/default.aspx

Facebook SEC Page

https://www.sec.gov/cgi-bin/browse-edgar?CIK=fb&Find=Search&owner=exclude&action=getcompany

Facebook Glassdoor Ratings

https://www.glassdoor.com/Reviews/Facebook-Reviews-E40772.htm

Facebook Overview

Facebook is an American online social media and social networking service based in Menlo Park, California and a flagship service of the namesake company Facebook, Inc. It was founded by Mark Zuckerberg, along with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.

The founders initially limited Facebook membership to Harvard students. Membership was expanded to Ivy League universities, MIT, and higher education institutions in the Boston area, then various other universities, and lastly high school students. Since 2006, anyone who claims to be at least 13 years old has been allowed to become a registered user of Facebook, though this may vary depending on local laws. The name comes from the face book directories often given to American university students.

Facebook can be accessed from devices with Internet connectivity, such as personal computers, tablets and smartphones. After registering, users can create a profile revealing information about themselves. They can post text, photos and multimedia which is shared with any other users that have agreed to be their “friend”, or, with a different privacy setting, with any reader. Users can also use various embedded apps, join common-interest groups, buy and sell items or services on Marketplace, and receive notifications of their Facebook friends’ activities and activities of Facebook pages they follow. Facebook claimed that it had more than 2.3 billion monthly active users as of December 2018.

Facebook has been subject to extensive media coverage and many controversies. These often involve user privacy (as with the Cambridge Analytica data scandal), political manipulation (as with the 2016 U.S. elections), psychological effects such as addiction and low self-esteem, and content that some users find objectionable, including fake news, conspiracy theories, and copyright infringement.[9] Commentators have accused Facebook of helping to spread false information and fake news. In 2017, Facebook partnered with fact checkers from the Poynter Institute’s International Fact-Checking Network to identify and mark false content, though most ads from political candidates are exempt from this program.

Products

Facebook has a number of products which most users do not know about. Here is link to an article: https://www.minterest.com/list-of-all-facebook-products-and-services/

Business and Financial Drivers

Future Outlook

The 44 analysts offering 12-month price forecasts for Facebook Inc have a median target of 245.00, with a high estimate of 285.00 and a low estimate of 120.00. The median estimate represents a +4.04% increase from the last price of 235.49.

Risks

How many users and how much more time can they spend using Facebook?

Facebook could face regulatory pressures as the social media industry becomes under greater governmental scrutiny.

Disclaimer: I do not have any formal recommendation for or against this stock, so don’t buy or sell stocks based solely on what you read.

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