Snap reported better-than-expected revenues Tuesday but declined to provide guidance, citing macroeconomic uncertainties. The company didn't offer second quarter guidance, citing uncertainties with "how macro economic conditions may evolve in the months ahead, and how this may impact advertising demand.
Snap (SNAP 3.92%) will deliver key insights to shareholders on April 29 that investors will not want to miss.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Snap (SNAP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
SNAP's Q1 revenues are likely to have benefited from Snapchat+ growth. However, operating costs are likely to have increased due to a shift in marketing expenses.
Florida sued Snap , the owner of photo-sharing app Snapchat, on Tuesday, accusing it of illegally employing features that addict children and opening accounts for children age 13 and younger.
Snap (SNAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
During Meta's antitrust trial this week, Meta CEO Mark Zuckerberg said that Snapchat would have grown faster if it accepted his company's offer to buy the social network back in 2013, Business Insider reports.
The latest trading day saw Snap (SNAP) settling at $7.96, representing a +1.66% change from its previous close.
Snap makes continuous innovations in its advertising strategy, and its recent launch of an AI ad format presents a buy opportunity for investors in 2025.
SNAP is trading near a strong historical support level. I believe the narrative and recent growth surrounding this stock could lead to a turnaround this year. I'm projecting continued growth in direct response ads, especially from SMBs, fueled by better ad tools and a simplified experience. That said, I'd keep a close eye on the regulatory framework in the U.S. and Australia, which could slow growth in youth-driven ad verticals.
Snap Inc.'s stock is down 22% YTD, trading sideways due to a lack of near-term catalysts and elevated investment costs over the past two years. The company's DAU growth has stabilized and is expected to rise 8.7% YoY in 1Q FY2025, driven by growing traction in Snapchat+ and enhanced AR and AI features. High infrastructure costs in FY2025 continues to pressure margins, but these investments should drive stronger engagement and boost ARPU, accelerating GAAP profitability.
The recent stock market sell-off is dragging down many corporations, including Snap (SNAP 1.14%), a social media specialist. Though the company ended 2024 with strong momentum, its shares have declined by 18% since January.