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Snap Reports Big Q1 Sales Beat, DAUs Up 20%
Tuesday, April 21, 2020 - 4:21pm | 176Read More...Snap (NYSE: SNAP) reported quarterly losses of 8 cents per share on Tuesday, which missed the analyst consensus estimate by 1 cent. This is a 20% increase over losses of 10 cents per share from the same period last year. The company reported quarterly sales of $462 million, which beat the analyst...
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Here's How Much Investing $100 In The 2017 Snap IPO Would Be Worth Today
Tuesday, April 21, 2020 - 12:15am | 423Read More...Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. Snap’s Difficult Decade One market...
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NBCUniversal Got Rid Off Its Entire Stake In Snap In 2019: Report
Tuesday, March 10, 2020 - 2:46am | 297Read More...Comcast Corporation (NASDAQ: CMCSA) subsidiary NBCUniversal sold off its entire stake in social media company Snap Inc. (NYSE: SNAP) in 2019, according to its 10-K filing with the Securities and Exchange Commission. What Happened NBCUniversal had acquired the $500 million in Snap during the latter...
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5 Reasons To Buy Snapchat's Stock After 30% Decline
Thursday, March 5, 2020 - 10:46am | 372Read More...Shares of Snap Inc (NYSE: SNAP) have fallen 30% since the end of January and investors should be buyers of the dip, according to MKM Partners. The Snap Analyst Rohit Kulkarni upgraded Snapchat's stock from Neutral to Buy with an unchanged $19 price target. The Snap Thesis Snap's stock...
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Snapchat's Stock Snaps Back: The Street Debates How To React
Wednesday, February 5, 2020 - 3:40pm | 615Read More...Snapchat's parent company Snap Inc (NYSE: SNAP) reported a fourth-quarter revenue miss and widening year-over-year loss. Snap's total addressable market represents a top concern for investors to "worry about most," Needham analyst Laura Martin wrote in a note. Management said the...
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Cramer: Snap Is 'The Right Stock For This Environment'
Friday, January 24, 2020 - 7:26am | 503Read More...Jim Cramer expressed optimism about Snap Inc.'s (NYSE: SNAP) stock value on Thursday. The CNBC "Mad Money" host pointed out the better than expected earnings that Snap has been posting in the last few quarters, saying that "it now makes a habit of smashing the estimates....
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Snapchat Brings On 2 Iconic Brands For AR Camera Feature
Thursday, December 19, 2019 - 1:54pm | 360Read More...Snap Inc (NYSE: SNAP) has signed Coca-Cola Co (NYSE: KO) and McDonald's Corp (NYSE: MCD) to join Snapchat's Scan camera search technology, Adweek reported on Thursday. Snapchat users in the U.S. can scan a McDonald's logo featured on food or drink items to unlock three immersive...
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Snap Analyst Projects 37% Revenue Growth In 2020
Friday, December 13, 2019 - 12:35pm | 373Read More...Social media company Snap Inc (NYSE: SNAP) is more "stable" today than it was a year ago, according to JMP Securities. and investors should be buyers of the stock, according to JMP. The Analyst Ronald Josey upgraded Snap from Market Perform to Market Outperform with a new $20 price target...
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Snap CEO Evan Spiegel Talks TikTok, Politics And Earnings
Monday, November 18, 2019 - 5:35pm | 493Read More...Snap Inc (NYSE: SNAP) CEO Evan Spiegel discussed multiple hot topics affecting the social media company during a CNBC interview aired Monday Snap's Earnings And Guidance Snap's third-quarter earnings report showed the company has 210 million global daily active users and Spiegel said...
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Analyst: Snap, Twitter Off To Strong Starts In Q4
Tuesday, November 5, 2019 - 12:45pm | 560Read More...Most investors have to wait until the end of a quarter to get feedback on how a company performed during the quarter. However, internet stock investors can get some helpful hints about usage and download trends along the way. Social Media And Video On Tuesday, Nomura Instinet analyst Mark Kelley...
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What To Know About Snap's Q3 User Growth Acceleration
Friday, October 25, 2019 - 7:40am | 440Read More...Snap Inc (NYSE: SNAP) reported Tuesday better-than-expected third-quarter earnings, revenue and user growth. Notwithstanding the above-consensus results, the stock slid 5.86% Wednesday, spooked by a light revenue guidance range, which at the midpoint came in below the consensus expectations....
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User Engagement, Ad Growth In Focus As Sell-Side Reacts To Snap's Q3 Earnings
Wednesday, October 23, 2019 - 10:14am | 704Read More...Snap Inc (NYSE: SNAP) exceeded Street estimates for third-quarter revenue, daily active users (DAUs), average revenue per user (ARPU) and earnings before interest, tax, appreciation and amortization (EBITDA). “Importantly, we believe that Snap's platform and business have both improved...
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Snap Reports Q3 Sales Beat, Stock Falls
Tuesday, October 22, 2019 - 4:24pm | 229Read More...Snap Inc (NYSE: SNAP) shares ticked lower after Tuesday's close after reporting a third-quarter earnings beat. Earnings came in at a loss of 4 cents per share, beating estimates by a penny. Sales came in at $446 million, beating estimates by $11.39 million. The company sees fourth-quarter sales...
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Why MKM Is Neutral On These 3 Social Media Stocks
Friday, October 18, 2019 - 2:12pm | 669Read More...Social media users have plenty to type about these days, but not every platform is buzzing. MKM Partners is on the fence about the near-term prospects of three socials in particular. The Ratings MKM Executive Director Rohit Kulkarni initiated coverage on the following stocks: Snap Inc (NYSE: SNAP...
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The Launch Of Instagram's Threads Hits Snapchat's Stock
Thursday, October 3, 2019 - 3:26pm | 437Read More...Snap Inc (NYSE: SNAP) shares are falling on Thursday amid the latest battle with Facebook Inc's (NASDAQ: FB) Instagram. Instagram has a history of copying innovative features from Snapchat, including filters and stories. The company is at it again, introducing Threads, a new messaging app for...
















