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Wall Street's Insights Into Key Metrics Ahead of Snap (SNAP) Q1 Earnings
Zacks Investment Research· 2024-04-22 22:22
The upcoming report from Snap (SNAP) is expected to reveal quarterly loss of $0.05 per share, indicating a decline of 600% compared to the year-ago period. Analysts forecast revenues of $1.12 billion, representing an increase of 13.2% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Prior to a company's earnings announcement, it is crucial t ...
Is Snap stock worth owning in April 2024?
Invezz· 2024-04-19 02:06
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.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.How high could Snap stock go in 2024?Copy link to sectionAnalysts at the financial services behemoth continue to see upside in $SNAP to $16 which signals potential for another 40% gain. Wells Fargo expects the social media company to benefit as the numbers of subscribers on Snap+ push ...
Why Snap Stock Was Gaining Today
The Motley Fool· 2024-04-19 01:18
Congress is getting closer to legislation against TikTok.Shares of Snap (SNAP 6.97%) were gaining today as Congress appeared to move a step closer to banning TikTok in the U.S. or forcing its parent company, China-based ByteDance, to sell the rights to operate the popular social media app in the U.S.While there was no company-specific news out on Snap, investors believe that a setback for TikTok would be beneficial to Snap, and the stock rose 7.1% on that logic as of 12:36 p.m. ET. A loss for TikTok is a wi ...
Why Snap Stock Soared Nearly 5% Higher on Wednesday
The Motley Fool· 2024-04-18 14:50
TikTok在美国所有权转让或禁止 - 美国众议院正努力转让或禁止热门社交媒体网站TikTok在美国的所有权[1] - 众议院计划在本周六就三项外国援助法案进行投票,其中可能包括TikTok措施[4] - 许多议员都急于推动外国援助法案,总统拜登也表示支持,因此TikTok措施很可能会通过[5] - TikTok被转让或禁止的措施可能会面临法律和宪法上的挑战,因此即使通过也可能进展缓慢[6]
Mark Your Calendars! Why April 25 Is a Make-or-Break Date for SNAP Stock.
InvestorPlace· 2024-04-10 18:20
Snap公司财务表现 - Snap公司在2023年全年收入几乎与2022年持平,第四季度收入仅同比增长5%[4] - Snap在2023年第四季度录得净亏损2.48亿美元,全年亏损达13.22亿美元[5] - 分析师预计Snap在2024年第一季度将录得每股亏损26美分,远远高于2023年第四季度的每股亏损15美分[8]
Snapchat walks back friend-ranking feature blamed for ruining relationships
New York Post· 2024-04-09 23:43
Snapchat demoted a controversial feature that ranks friends based on their relationship to the user after concerns that it was fueling insecurity among its teen-heavy audience.The social media site said that it would deactivate the default setting that automatically enabled the “Solar System” function on its Snapchat+ $4-per-month subscription service.The tool is a ranking mechanism that assigned one of the nine planets to a friend based on the frequency with which they communicated with one another — analo ...
Is Snap Stock a Buy?
The Motley Fool· 2024-04-06 17:05
This may be the year that the social media company rebounds from the downturn in the ad industry.Shares of Snapchat operator Snap (SNAP -0.18%) experienced a run-up near the end of 2023, hitting a 52-week high of $17.90 in December. But the trend changed in 2024. After a period of sideways moves, the stock plunged after the company released its fourth-quarter results on Feb. 6.That drop may indicate reasons exist to avoid the stock, or it may have created a buying opportunity. Wall Street analysts' median p ...
This Stock Is Down 86%, But 1 Number Suggests a Reversal Might be Near
The Motley Fool· 2024-04-02 17:41
利率飙升对企业的影响 - 2022年和2023年,利率飙升让企业感到不确定,导致许多企业担心对消费支出的影响,因此削减成本,尤其是在营销项目上[1] 广告平台公司的表现 - Meta Platforms和Alphabet在2022年和2023年上半年取得良好增长,但Snap在2023年未实现年度收入增长[2] SnapChat用户基数增长 - SnapChat在最近第四季度拥有创纪录的4.14亿日活跃用户,同比增长10%[3] 年轻用户吸引力 - Snap在25多个国家中吸引了75%的13至34岁年轻人,为企业提供了与潜在客户接触和成长的机会[4] 投资增强现实工具 - Snap大力投资增强现实(AR)工具,帮助广告商创建吸引互动内容[5] Snap的潜在增长机会 - 尽管Snap的收入目前持平,但新用户继续注册,公司将为强劲复苏做好准备,股价下跌可能是购买时机[6]
Snap (SNAP) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks Investment Research· 2024-03-16 06:55
Snap (SNAP) closed the latest trading day at $11.19, indicating a -1.76% change from the previous session's end. The stock's performance was behind the S&P 500's daily loss of 0.65%. Elsewhere, the Dow saw a downswing of 0.49%, while the tech-heavy Nasdaq depreciated by 0.96%.Shares of the company behind Snapchat witnessed a loss of 1.81% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.19% and the S&P 500's gain of 3.27%.The investment community wil ...
Up 6% In The Last Trading Session, Where Is Snap Stock Headed?
Forbes· 2024-03-11 21:00
Doha , Qatar - 28 February 2024; A general view of the Snapchat logo during day two of Web Summit ... [+] Qatar 2024 at the Doha Exhibition and Convention Center in Doha, Qatar. (Photo By Ramsey Cardy/Sportsfile for Web Summit Qatar via Getty Images)Sportsfile via Getty ImagesSnap’s stock (NYSE: SNAP) has lost approximately 30% YTD as compared to the 8% rise in the S&P 500 index over the same period. The drop was due to weak results in the fourth quarter of 2023, with revenues and average revenue-per-user m ...