Streetbeat News

SNAP

Snap Inc.

https://www.snap.com

Industry

Internet Content & Information

Snap Inc. operates as a camera company in North America, Europe, and internationally. The company offers Snapchat, a camera application with various functionalities, such as Camera, Communication, 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, story ads, collection ads, dynamic ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

Open

10.71

Mkt cap

18B

Volume

16M

High

10.71

P/E Ratio

-18.28

52-wk high

17.90

Low

10.49

Div yield

N/A

52-wk low

8.29

The Zacks Analyst Blog discusses Snap-on, Griffon, Churchill Downs, and Roper Technologies, highlighting their inclusion in the blog.

Portfolio Pulse from

November 15, 2024 | 8:30 am

Snap's stock (NYSE: SNAP) fell 6% following reports that the Trump administration may try to stop a potential U.S. ban on TikTok. ByteDance, TikTok's owner, has until January 19, 2025, to find a new U.S. owner or face a ban.

Portfolio Pulse from

November 13, 2024 | 3:15 pm

Snap Inc. (SNAP) is highlighted as a top growth stock for long-term investment according to Zacks Style Scores, which helps investors identify top-rated stocks based on their investing style.

Portfolio Pulse from

November 05, 2024 | 4:00 pm

Snap Inc. reported strong Q3 earnings, surpassing top and bottom line estimates. Key metrics such as revenue, users, ARPU, and EBITDA showed positive growth. Snapchat+ users doubled year-over-year, exceeding 12 million.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Snap Inc (NYSE:SNAP) shares surged after reporting better-than-expected Q3 earnings, driven by cost management and direct response ad growth. Analysts remain cautious due to challenges in brand revenue and uncertainties in future growth.

Portfolio Pulse from Priya Nigam

October 30, 2024 | 6:39 pm

JMP Securities has maintained a Market Outperform rating on Snap Inc. but has lowered its price target from $17 to $16.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 6:23 pm

Top Wall Street analysts have updated their price targets for several major companies. Notable changes include Barclays cutting Qorvo's target, B of A Securities raising Snap's target, and Truist Securities boosting Alphabet's target. These updates reflect varying outlooks on these stocks.

Portfolio Pulse from Avi Kapoor

October 30, 2024 | 6:12 pm

B of A Securities analyst Justin Post maintains a Neutral rating on Snap (NYSE:SNAP) and raises the price target from $13 to $14.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:55 pm

Wall Street had a mixed session with AMD shares dropping 10% after disappointing earnings, affecting the semiconductor sector. Alphabet shares rose over 5% on strong earnings. SMCI plummeted 33% due to auditor resignation. Economic data showed strong job growth but slower GDP growth.

Portfolio Pulse from Piero Cingari

October 30, 2024 | 5:35 pm

Canaccord Genuity analyst Maria Ripps maintains a Hold rating on Snap (NYSE:SNAP) and raises the price target from $12 to $13.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 5:30 pm

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