Snap Inc. (SNAP)
| Market Cap | 18.94B |
| Revenue (ttm) | 5.17B |
| Net Income (ttm) | -955.20M |
| Shares Out | 1.68B |
| EPS (ttm) | -0.58 |
| PE Ratio | n/a |
| Forward PE | 31.02 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,561,794 |
| Open | 11.34 |
| Previous Close | 11.22 |
| Day's Range | 11.14 - 11.57 |
| 52-Week Range | 8.29 - 17.75 |
| Beta | 0.97 |
| Analysts | Hold |
| Price Target | 13.91 (+23.21%) |
| 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 $13.91, which is an increase of 23.21% from the latest price.
News
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.
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...