Snap Inc. (SNAP)
| Market Cap | 17.69B |
| Revenue (ttm) | 5.17B |
| Net Income (ttm) | -955.20M |
| Shares Out | 1.68B |
| EPS (ttm) | -0.58 |
| PE Ratio | n/a |
| Forward PE | 28.96 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 34,452,023 |
| Open | 10.60 |
| Previous Close | 10.60 |
| Day's Range | 10.46 - 10.69 |
| 52-Week Range | 8.29 - 17.90 |
| Beta | 1.00 |
| Analysts | Hold |
| Price Target | 14.31 (+35.64%) |
| Earnings Date | Oct 29, 2024 |
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 30 analysts, the average rating for SNAP stock is "Hold." The 12-month stock price forecast is $14.31, which is an increase of 35.64% from the latest price.
News
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.
What's Happening With SNAP Stock?
Snap's stock (NYSE: SNAP) was down 6% on Tuesday, November 12, after a media report emerged stating that the Trump administration is expected to attempt to halt a possible U.S. ban on TikTok next year...
Snap: Strong Investment Setup
Snap exceeded top and bottom line estimates for the third-quarter last week. The social media company reported solid Q3 earnings with all major platform metrics like revenue, users, ARPU and EBITDA de...
Top 4 Tech And Telecom Stocks That May Collapse This Month
As of Nov. 4, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Three Buys and a Bail: Microsoft, Eli Lilly, Peloton, and Snap
Gina Sanchez, Lido Advisors chief market strategist, joins CNBC's 'The Exchange' to discuss these stocks: Microsoft, Eli Lilly, Peloton, and Snap.
A.I. Investments in Social Media: META vs SNAP
Meta Platforms (META) will double down in A.I. off promises to spend more on the technology.
Snap Stock Soars After Q3 Earnings Beat: Analysts Optimistic But Say 'Challenges Remain'
Snap Inc SNAP shares climbed on Wednesday after the company reported upbeat third-quarter results.
Snap Stock Gets a Boost From Revenue Growth, Buyback Plan
Shares of Snap (SNAP) jumped Wednesday after the social media company posted better-than-anticipated results and announced a stock buyback.
Snap Q3 Earnings Review: My Opportunistic Call Has Finally Run Its Course (Rating Downgrade)
Snap reported better than expected results for Q3 FY24, with revenue and Adjusted EBITDA growing 15% and 230% YoY, respectively, leading to a jump of over 10% in after hours trading. Although the comp...
Should You Buy, Sell, Or Hold SNAP Stock At $12?
Snap's stock (NYSE: SNAP) surged over 10% in after market hours on Tuesday, October 29, after the company posted upbeat Q3 results. Snap reported revenue of $1.37 billion and adjusted earnings of eigh...
Digital ad sellers jump as Google, Reddit and Snap earnings indicate sturdy demand
Shares of online ad sellers surged on Wednesday as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands ahead of the crucial holiday season.
Snap surges 10% as it gets a major boost from AI and paid subscribers
Snap's stock rose 10% after its third-quarter revenue beat Wall Street expectations. Snap's revenue grew 15% to $1.37 billion, surpassing analyst estimates of $1.36 billion.
Snap Inc. (SNAP) Q3 2024 Earnings Call Transcript
Snap Inc. (NYSE:SNAP) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants David Ometer - Head, Investor Relations Evan Spiegel - Chief Executive Officer & Co-Founder Der...
Snap Seeks Deeper Customer Engagement via Simplified Version of Snapchat
In a digital world where simplicity is king, Snap, the parent company of Snapchat, introduced a simplified version of Snapchat, organized into three main experiences: communicating with friends, using...
Results from Alphabet and Snap lift shares of online ad sellers
Online ad sellers added over $100 billion stock market value late on Tuesday after upbeat quarterly results from Alphabet , Reddit and Snap lifted investor optimism ahead of reports from Amazon and Me...
Snap shares rise after results come in better than expected
Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 millio...
Snap Q3 Beats Street As Sales Rise, Losses Shrink & Snapchat Sees 443 Million Daily Active Users
Snap shares jumped after earnings as the company saw third quarter revenue rise 15% to over $1.37 billion, beating Wall Street estimates. Daily active users (DAUs) rose 9% to 443 million, and total ti...
Snap shares jump 10% on better-than-expected third-quarter results, stock buyback
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance. Snap also announced a $500 million stock repurchase program.
Snap beats revenue and user growth estimates but forecasts Q4 revenue hurdles
Snap beat Wall Street expectations for both quarterly revenue and user growth on Tuesday, as the parent company of messaging app Snapchat has been able to lure back some advertisers with better-perfor...
Snap Inc. Announces Third Quarter 2024 Financial Results
SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended September 30, 2024. “I'm proud of the team's progress this quarter, delivering str...
Zefr Partners with Snap to Launch Brand Safety and Suitability Measurement Solution
Brands to Gain Enhanced Transparency and Control Over Their Snapchat Campaigns Across Placements LOS ANGELES , Oct. 29, 2024 /PRNewswire/ -- Zefr, a global leader in brand suitability and content meas...
Snap stock forecast: brace for big moves ahead of earnings
The Snap Inc. stock price has moved sideways in the past two years as investors focus on its deteriorating business and rising competition from the likes of Instagram and TikTok. It has moved to $10.7...
If you invest $1,000 in Snap stock today, here's your 2025 return
Snap Inc. (NYSE: SNAP) has been a disappointment for its shareholders throughout 2024. The stock has dropped over 40% in the past three months, bringing its valuation to an attractive level.
Snapchat Will Snap Out Of The Rut - Initiating With A Buy
I'm initiating Snapchat with a buy because I expect an upside surprise sometime in the last two quarters of FY24. I think the worst got priced into the stock price after the sharp decline post-Q2 resu...
Snapchat: Social Media 'Evaporation' Risk Growing With Excessive Advertising Efforts
Snapchat's user growth is primarily outside profitable markets, with no notable DAU growth in North America or Europe over the past two years. The company faces long-term solvency risks, with signific...