Snap Inc. (SNAP)
| Market Cap | 18.21B |
| Revenue (ttm) | 5.17B |
| Net Income (ttm) | -955.20M |
| Shares Out | 1.68B |
| EPS (ttm) | -0.58 |
| PE Ratio | n/a |
| Forward PE | 30.09 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 45,672,009 |
| Open | 11.36 |
| Previous Close | 11.22 |
| Day's Range | 10.80 - 11.52 |
| 52-Week Range | 8.29 - 17.50 |
| Beta | 0.98 |
| Analysts | Hold |
| Price Target | 13.95 (+28.45%) |
| Earnings Date | Feb 4, 2025 |
About SNAP
Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ... [Read more]
Financial Performance
In 2023, Snap Inc.'s revenue was $4.61 billion, an increase of 0.09% compared to the previous year's $4.60 billion. Losses were -$1.32 billion, -7.50% less than in 2022.
Financial StatementsAnalyst Forecast
According to 29 analysts, the average rating for SNAP stock is "Hold." The 12-month stock price forecast is $13.95, which is an increase of 28.45% from the latest price.
News
Meta and Snap stock prices sink despite the TikTok ban being upheld by the Supreme Court
Today, the United States Supreme Court announced its ruling to uphold the TikTok ban. The ruling means that on Sunday, January 19, Apple, Google, and other tech companies will be liable for heavy fine...
Meta, YouTube, and Others Morgan Stanley Says Could Benefit From TikTok Ban
With a TikTok ban potentially taking effect in the U.S. on Sunday, analysts at Morgan Stanley said other social media platforms could compete for the roughly $10 billion in ad revenue and 32 billion h...
Top 7 stocks that could benefit from TikTok US shutdown
Morgan Stanley expects a bunch of US companies to benefit if a federal ban on TikTok goes into effect on Sunday. There have been reports that the renowned social platform for sharing short videos plan...
Divided FTC Refers Complaint Against Snap's AI Chatbot to Justice Department
The Federal Trade Commission (FTC) said Thursday (Jan. 16) that it referred a complaint against Snapchat operator Snap to the Department of Justice.
Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice. The FTC's non-public complaint involves alle...
US FTC refers Snapchat complaint over AI chatbot to Justice Dept
U.S. Federal Trade Commission said on Thursday it has referred to the Justice Department a complaint against Snap, Inc., that alleges its messaging app Snapchat used an artificial intelligence chatbox...
Meta and Snap Stocks Slide. Why? Trump Could Still Save TikTok, Report Says.
President-elect Donald Trump is reportedly considering issuing an executive order to temporarily block the law that will either ban or force a sale of the app.
3-Stock Lunch: Goldman Sachs, Snap and Trade Desk Inc
Will McGough, Prime Capital Financial director of investments, joins 'Power Lunch' to discuss stock plays for three stocks.
Options Trades for META and SNAP
A decision from the Supreme Court on a TikTok ban is expected this week. Alex Coffey highlights example trades in two names expected to benefit if the ban happens: Meta Platforms (META) and Snap Inc. ...
Potential TikTok Ban: Elon Musk, Social Media Stocks & Creator Impact
Bloomberg reported that Tesla (TSLA) CEO Elon Musk was eyed as a potential buyer of the app in the U.S. It's what Diane King Hall calls a "Hail mary" procedure ahead of its prospective ban on January ...
Snapchat 'asleep at the wheel' when it comes to suicide and self-harm content, says children's charity
The social media site Snapchat is "fundamentally failing to act on suicide and self-harm content", according to the Molly Rose Foundation.
TikTok Is Heading to the Supreme Court. How Meta and Snap Could Benefit from a Ban.
The Supreme Court will hear oral arguments from TikTok on Friday.
Options Corner: AMD, EBAY, SNAP
AMD Inc. (AMD) received a double downgrade from HSBC, but that didn't stop Tom White from finding an unusual bullish options trade for the stock. He breaks down the activity in AMD and analyzes other ...
Snap Inc. Announces Date of Fourth Quarter and Full Year 2024 Results Conference Call
SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss fourth quarter and full year 2024 financial results on Tuesday, February 4, 2025 at 2:0...
Tick Tock
I'm upgrading Snap stock from sell to buy after a 6% price drop since my sell call and on potential gains from TikTok's U.S. ban, expected January 19th. TikTok's likely U.S. ban could benefit Snapchat...
Trump Card in Potential TikTok Ban, META & SNAP Best Positioned
President-elect Donald Trump will tip the scales on whether TikTok is banned from the U.S., according to Seth Schachner. He says the incoming president, paired with the Supreme Court, will decide if t...
Snapchat announces expanded revenue-sharing program for its creators
Top Snapchat creators will soon have more ways to make money on the social media app.
Snapchat introduces a unified monetization program for creators
Snapchat is introducing a revamped, unified monetization program for creators. The new program will reward creators for both content posted to Stories and Spotlight, its TikTok copycat.
Snapchat: 2025 Could Be Their Year
Snapchat's stock has been volatile in 2024, but strong Q3 performance and growth in Snapchat+ subscriptions position it well for 2025. The potential TikTok ban in the U.S. could significantly boost Sn...
Trump aides contact Google, Meta, Snap over online drug sales, The Information reports
President-elect Donald Trump's transition team has invited five major tech companies, including Google , Microsoft and Meta Platforms to a meeting in mid-December about dealing with online drug sales,...
Snap: 25 Million Reasons To Love
Snap trades near recent lows despite record revenues and a booming subscription business. The company has innovation in AR and AI, including Spectacles and My AI chat, driving user engagement and reve...
SNAP stock is troubled, but a major comeback can't be ruled out
Snap stock price has gone nowhere since 2022 as concerns about its growth and rising competition rose. It has remained between the support at $8.22 and the resistance at $17.57 in the past few years a...
Snap seeks to dismiss New Mexico lawsuit over child safety
Snap on Thursday filed a motion to dismiss a New Mexico lawsuit that alleged the tech company enabled child sexual exploitation on its messaging app Snapchat, arguing there were inaccuracies to the st...
Meta and Snap both unveiled augmented reality smart glasses
Meta and Snap are the first major players to unveil prototypes for AR glasses. But they're still years away from selling those devices to consumers.