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Why Snap (SNAP) is a Top Growth Stock for the Long-Term
ZACKS· 2024-11-05 23:45
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...
Snap: Strong Investment Setup
Seeking Alpha· 2024-11-05 17:37
公司财报情况 - Snap在第三财季的盈利好于预期且营收增长快于预期 [1] - 公司的每用户平均营收和订阅者数量正在增长 [1] 分析师披露 - 分析师在Snap和META的股票中拥有有益的多头头寸通过股票所有权期权或其他衍生品 [1] - 文章为分析师自己所写表达自己的观点且未从除Seeking Alpha外获得报酬 [1] - 分析师与文章中提到股票的公司没有业务关系 [1]
Snap (SNAP) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-11-05 02:05
Snap (SNAP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earnings pictur ...
Is It Too Late to Buy Snap Stock?
The Motley Fool· 2024-11-02 19:02
文章核心观点 - 社交媒体公司正在开发技术以使其平台更具吸引力 [1] - Snap公司(SNAP)报告用户、收入和现金流量增加,因为它正在努力更好地实现其庞大客户群的货币化 [1] 公司相关 - Snap公司的股票价格是2024年10月30日下午的价格 [1] - Snap公司的视频发布于2024年11月1日 [1] 行业相关 无相关内容
1 Growth Stock Down 85% You'll Wish You'd Bought on the Dip
The Motley Fool· 2024-11-01 17:29
Snap just delivered a strong set of quarterly financial results.Snap (SNAP -3.65%) is the parent company of social media platform Snapchat. Its stock is down 85% from its all-time high, which was set during the tech frenzy in 2021. While many of its peers also plunged following that period, Snap struggled to mount a sustained recovery.The company's revenue growth isn't keeping pace with other social media giants like Meta Platforms, and it also continues to lose money at the bottom line. However, Snap's rec ...
Should Investors Consider Meta (META) or Snap's (SNAP) Stock After Q3 Earnings?
ZACKS· 2024-11-01 06:26
Reporting third-quarter results on Wednesday, Meta Platforms (META)  and Snap (SNAP)  were able to exceed top and bottom line expectations but saw their stocks dip more than -3% in today’s trading session.Snap shares initially rallied after its Q3 report with Meta continuing a post-earnings selloff on Thursday. Optimism for Snap came as its Snapchat application doubled the number of active users and advertisers from a year ago while Meta fell on concerns of increased spending. Meta’s Q3 ResultsAs the leader ...
Snap Stock Soars After Q3 Earnings Beat: Analysts Optimistic But Say 'Challenges Remain'
Benzinga· 2024-10-31 02:39
Snap Inc SNAP shares climbed on Wednesday after the company reported upbeat third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald On Snap Analyst Deepak Mathivanan maintained a Neutral rating while raising the price target from $8 to $9. Snap reported its adjusted EBITDA ahead of expectations, with the beat being driven by better cost management, Mathivanan said in a note. The company's fourth-quarter guidance is bett ...
Here's Why Snap Stock Soared Today
The Motley Fool· 2024-10-31 02:17
The company grew its revenue and reduced its losses.Shares of Snapchat's parent company, Snap (SNAP 16.02%), soared on Wednesday after the company reported financial results for the third quarter of 2024. User growth and revenue trends are strong and encouraging. And that's why Snap stock was up 14% as of 1:15 p.m. ET.Good growth and improved cash flow excite investorsSnap ended Q3 with an astounding 443 million daily active users, which was a 9% jump from the same quarter of 2023. On top of this user growt ...
Snap Stock Gets a Boost From Revenue Growth, Buyback Plan
Investopedia· 2024-10-30 23:15
Key Takeaways Snap beats profit and sales estimates as users embrace its artificial intelligence and augmented reality technology. Average daily active users, average revenue per user, and ad revenue all exceeded forecasts. Snap announced a $500 million share buyback. Shares of Snap (SNAP) jumped Wednesday after the social media company posted better-than-anticipated results and announced a stock buyback. The owner of the Snapchat photo and video sharing app reported third quarter non-GAAP earnings per shar ...
Snap Beats on Q3 Earnings & Revenues, Announces Buyback, Stock Up
ZACKS· 2024-10-30 23:00
Snap (SNAP) reported third-quarter 2024 earnings of 8 cents per share, which beat the Zacks Consensus Estimate by 60% and surged 300% from the year-ago quarter. The stock jumped more than 10% in extended trading. Revenues increased 15.5% year over year to $1.37 billion and beat the Zacks Consensus Estimate by 1.36%. Geographically, revenues from North America (62.5% of revenues) increased 9.1% year over year to $857.6 million. Revenues from Europe (18.1% of revenues) increased 24.3% to $248.9 million. Reven ...