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

11.41

Mkt cap

19B

Volume

16M

High

11.55

P/E Ratio

-19.50

52-wk high

17.90

Low

11.08

Div yield

N/A

52-wk low

8.29

Snap Inc. (SNAP) is highlighted as a top growth stock for the long-term, according to Zacks Style Scores, a feature of the Zacks Premium research service.

Portfolio Pulse from

December 10, 2024 | 4:00 pm

Snapchat's stock has been volatile in 2024, but strong Q3 performance and growth in Snapchat+ subscriptions position it well for 2025. A potential TikTok ban in the U.S. could significantly boost Snapchat's user base and subscriptions, offering a substantial growth catalyst. Despite high forward P/E ratios, Snapchat's impressive revenue growth justifies the premium, making shares a strong buy with potential 20% upside.

Portfolio Pulse from

December 10, 2024 | 2:00 pm

Snap Inc. is experiencing record revenues and growth in its subscription business, Snapchat+, despite trading near recent lows. Innovations in AR and AI are driving user engagement and revenue growth. The Snapchat+ service, with 12 million subscribers, could significantly boost Snap's financial outlook by 2025.

Portfolio Pulse from

December 08, 2024 | 3:15 pm

Snap Inc. (SNAP) has seen an 8% decline in its stock price since its last earnings report 30 days ago. Investors are questioning the future direction of the stock.

Portfolio Pulse from

November 28, 2024 | 5:45 pm

Snap's stock has risen by 6.6% following its Q3 earnings report, which highlighted growth in users, revenues, and augmented reality innovation. The company is supported by $3.2 billion in cash reserves, suggesting a strong buy opportunity.

Portfolio Pulse from

November 28, 2024 | 3:45 pm

Instagram, owned by Meta, is launching a new location-sharing feature via direct messages, aiming to compete with Apple's 'Find My' and Snapchat's Snap Map.

Portfolio Pulse from

November 25, 2024 | 5:00 pm

Snap Inc. (SNAP) is highlighted as a strong growth stock according to Zacks Style Scores, a feature of the Zacks Premium research service.

Portfolio Pulse from

November 21, 2024 | 4:00 pm

Wall Street analysts have set an average price target for Snap (SNAP) that suggests a potential upside of 25.1%. This optimism is supported by positive trends in earnings estimate revisions, which could lead to an increase in the stock price.

Portfolio Pulse from

November 20, 2024 | 4:15 pm

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

Portfolio Pulse from

November 20, 2024 | 4:00 pm

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

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