Snap (SNAP) Stock Slides as Market Rises: Facts to Know Before You Trade
In the most recent trading session, Snap (SNAP) closed at $7.64, indicating a -3.54% shift from the previous trading day.
Snap: Perplexing Dip
Snap secured a $400M AI partnership with Perplexity, signaling a major shift beyond advertising. SNAP's recurring revenue base is strengthened by subscription growth and the Perplexity deal, targeting over $1.3B in non-ad revenues to start 2026. The stock valuation remains deeply discounted at 2x forward sales, despite robust monetization initiatives and AR glasses launch potential.
Snapchat is nearing 1 billion monthly users: Why can't it turn a profit?
Snapchat, an app whose disappearing messages and silly face filters made chatting with loved ones more casual, is close to a milestone that few social media platforms achieve: reaching 1 billion monthly users.
Wall Street Analysts See a 30.75% Upside in Snap (SNAP): Can the Stock Really Move This High?
The mean of analysts' price targets for Snap (SNAP) points to a 30.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Unlocking Snap (SNAP) International Revenues: Trends, Surprises, and Prospects
Examine the evolution of Snap's (SNAP) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
McDonald's, Tyson and other companies have gotten more anxious about the fallout from SNAP delays
One analyst says payment delays across states are likely, even after the government's reopening.
SNAP Earnings Meet Estimates in Q3, Revenues Increase Y/Y
SNAP's Q3 loss meets estimates as revenues rise 10% Y/Y, fueled by gains in subscriptions and global ad impressions.
Snap Says $400 Million Perplexity Deal Is First Step in Building Out Its AI Platform
Perplexity will pay Snap $400 million over one year to integrate its artificial intelligence-powered answer engine into Snapchat.
Conversational AI Is Coming to Snapchat. The Company's Stock Is Soaring Today.
Snap shares soared some 12% on Thursday after the owner of the Snapchat social media platform posted better-than-expected results and guidance on user growth and spending.
Snap Stock Eyes Best Day Since April After Earnings
Snap Inc (NYSE:SNAP) stock is soaring this morning, up 16% at $8.47 after the Snapchat parent posted a third-quarter revenue beat and revealed a deal with Perplexity AI worth $400 million.
Snap stock surges 13% after announcing Perplexity AI deal, reporting strong revenue
Snap surged Thursday after announcing a $400 million deal with Perplexity AI. Perplexity will integrate its AI-powered search engine directly into the Snapchat app.
Is Snapchat getting its mojo back? Snap stock soars on Perplexity deal and strong forecast
There was a moment when Snapchat looked like it was destined to be a relic in social media history, losing users and missing its own revenue forecasts.
