Snap Inc. (SNAP)
| Market Cap | 25.76B |
| Revenue (ttm) | 4.81B |
| Net Income (ttm) | -1.30B |
| Shares Out | 1.65B |
| EPS (ttm) | -0.81 |
| PE Ratio | n/a |
| Forward PE | 93.37 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 14,811,734 |
| Open | 15.10 |
| Previous Close | 15.05 |
| Day's Range | 14.93 - 15.72 |
| 52-Week Range | 7.86 - 17.90 |
| Beta | 1.14 |
| Analysts | Hold |
| Price Target | 14.76 (-5.29%) |
| Earnings Date | Apr 25, 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 28 analysts, the average rating for SNAP stock is "Hold." The 12-month stock price forecast is $14.76, which is a decrease of -5.29% from the latest price.
News
Snap's 30% Surge Leads Positive CE 100 Index's Momentum
All pillars in the CE 100 Index posted gains for the week, as earnings spurred broad-based rallies. Snap was up 30.1%, helping drive the Communications pillar up by 12.5%.
Digital ad market is finally on the mend, bouncing back from the 'dark days' of 2022
Earnings reports this week from Meta, Alphabet and Snap showed a solid recovery in the online ad market.
Google, Microsoft, Meta, Intel, and Snap earnings analysis
The release of earnings from Big Tech giants has commenced, with industry leaders like Alphabet (GOOG, GOOGL) and Microsoft (MSFT)impressing Wall Street analysts with their financial performance. As t...
Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.
Three-Stock Lunch: Snap, Exxon & Colgate
Eva Ados, chief investment strategist at ERShares, joins 'Power Lunch' to discuss plays for three stocks, including Snap, Exxon, and Colgate.
Snap Pops on Daily Active User Growth
In the wake of a possible TikTok ban, SNAP earnings show renewed daily active user growth and signs that the social media company's 2024 turnaround plan is working. #investing #snap #snapchat #tiktok ...
Snap CEO: Digital ad recovery has been broad-based with a constructive economic backdrop
Snap CEO Evan Spiegel joins 'Money Movers' to discuss how much ad revenue acceleration was due to AI tools, the overall rebound in digital advertising, and what the expense guidance says about the com...
Snap Stock Soars 25% After Strong Advertising Sales Drive Q1 Results and Outlook
Snap (SNAP) shares jumped 25% ahead of Friday's opening bell after the Snapchat owner released quarterly financial results above analysts' estimates and guided better-than-expected current-quarter ear...
Snap's Q1 earnings beat sends stock soaring 24% pre-market
Snap Inc. (NYSE: SNAP) made a splash with its Q1 2024 earnings report released on April 25th, showcasing impressive financial results that exceeded market expectations. The tech giant reported a signi...
Microsoft, Snap, Meta, Amazon, AMD, and Other Tech Stocks in Focus Today
Tech stocks launched a solid rebound early Friday as Alphabet and Microsoft earnings brought renewed optimism to the sector.
Snap shares jump nearly 30% after Q1 beat
Shares in Snap soared nearly 30% in thin volume in Frankfurt on Friday after the owner of the photo messaging app beat Wall Street expectations for quarterly revenue and user growth.
Snap Reports Augmented Reality Drives User Engagement, Brand Advertising
Snapchat parent company Snap believes that augmented reality (AR) will be “one of the most meaningful advancements in computing that the world has ever seen.” Evan Spiegel, CEO of Snap, said this Thur...
Snap stock soars after Q2 forecast tops estimates
Snap Inc. (SNAP) delivered a strong performance in the first quarter, surpassing earnings estimates on both the top and bottom lines. The company reported adjusted earnings of $0.03 per share, beating...
Snapchat parent company sees shares surge as improved ad system pays off
Snap's share surged 21% in after-hours trading as app's users increased by 422 million, bringing in $1.2bn in revenue
Snap says total watch time on its TikTok competitor increased more than 125%
As part of its Q1 2024 earning release, Snap revealed that total watch time on its TikTok competitor, Spotlight, increased more than 125% year-over-year. Snapchat launched the TikTok-like feed in late...
Snap Stock Soars On Strong Q1 Revenue & Outlook As Daily Active Users Hit 422 Million
Shares of Snapchat parent Snap popped 26% in late trading after the social media network said revenue jumped more than expected last quarter to $1.95 billion, up 21% from 2023. The number, and the out...
Snap stock soars following beat on revenue, earnings and daily active users
CNBC's Julia Boorstin, Nicole Webb, Wealth Enhancement Group SVP, and Kevin Mahn, Hennion & Walsh Asset Management president & CIO, joins 'Closing Bell Overtime' to talk Snap, Alphabet, Intel and Micr...
Snap shares rocket more than 20% higher on brighter second-quarter forecast
Shares of Snap Inc. rocketed higher after hours on Thursday after the social-media platform forecast second-quarter sales that were better than expected, as it attracts more users and tries to strengt...
Snap beats first-quarter expectations with ad platform improvements
Snap beat Wall Street's expectations for quarterly revenue and user growth on Thursday, as improvements to its advertising system delivered results faster than anticipated.
Snap shares soar 23% as company beats on earnings, shows strong revenue growth
Snap reported first-quarter results that beat analysts' estimates
Snap Inc. Announces First Quarter 2024 Financial Results
SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2024. “The value we provide our community and advertising partners has t...
Is Snap stock worth owning in April 2024?
Snap Inc (NYSE: SNAP) has gained over 10% in recent sessions but it may not be out of juice just yet, as per Wells Fargo. How high could Snap stock go in 2024?
Bill that could lead to TikTok ban gets potential new path to becoming law soon
The prospects may have improved this week for a bipartisan House bill that could lead to a nationwide ban for TikTok, as a key Democratic senator voiced her support for the measure following a change ...
Snap's move on TikTok news is 'a bit premature', says Roth MKM's Rohit Kulkarni
Rohit Kulkarni, Roth MKM senior research analyst, and Paul Gallant, TD Cowen TMT policy analyst, join 'Closing Bell Overtime' to talk the TikTok bill in congress and its impact on other social media c...
