Should You Buy, Sell or Hold Snap Stock Ahead of Q3 Earnings?
SNAP's third-quarter 2024 results are likely to reflect the steady usage of the Snapchat platform amid stiff competition and stretched valuation, suggesting a wait-and-see approach.
Snapchat Will Snap Out Of The Rut - Initiating With A Buy
I'm initiating Snapchat with a buy because I expect an upside surprise sometime in the last two quarters of FY24. I think the worst got priced into the stock price after the sharp decline post-Q2 results and while the stock has shown volatility, there should be limited downside ahead. Snap has some unrealized growth catalysts, including the Direct Response ad platform and its AR glasses. It should also benefit from any TikTok ban in the U.S.
Snapchat: Social Media 'Evaporation' Risk Growing With Excessive Advertising Efforts
Snapchat's user growth is primarily outside profitable markets, with no notable DAU growth in North America or Europe over the past two years. The company faces long-term solvency risks, with significant debt maturing by 2027, necessitating positive operating income and active user growth. Despite efforts to boost revenue through targeted ads and subscriptions, Snapchat's margins and operating income remain poor, risking further equity dilution.
Here's Why Snap (SNAP) Gained But Lagged the Market Today
Snap (SNAP) reachead $10.49 at the closing of the latest trading day, reflecting a +0.29% change compared to its last close.
SNAP Down 35% Year to Date: How Should Investors Play the Stock?
Despite an expanding product offering, Snap suffers from sluggish brand-oriented revenues. Stiff competition is a headwind.
Snapchat: Time To Upgrade In Spite Of Stark Underperformance
Snapchat has underperformed its peers on both growth and profitability metrics. I analyze the company's balance sheet and explain the nuances relative to peers. The stock valuation offsets the numerous issues due to the deeply discounted multiple.
Snap (SNAP) Advances But Underperforms Market: Key Facts
Snap (SNAP) closed at $10.68 in the latest trading session, marking a +0.09% move from the prior day.
Snapchat is bringing ads to the Chat tab
Snapchat is bringing ads to the app's main Chat tab, the company announced on Tuesday. Up until now, Snapchat has kept the Chat tab free from ads, but users will now start to see “Sponsored Snaps” from advertisers alongside messages from their friends.
Why Snap (SNAP) Dipped More Than Broader Market Today
In the closing of the recent trading day, Snap (SNAP) stood at $10.74, denoting a -1.29% change from the preceding trading day.
Snap Inc (SNAP) Trading 3.31% Higher on Oct 2
Shares of Snap Inc (SNAP, Financial) surged 3.31% in mid-day trading on Oct 2. The stock reached an intraday high of $10.78, before settling at $10.77, up from its previous close of $10.42.
EU queries Snapchat, TikTok, YouTube over 'harmful' content risks
The EU voiced concerns about "harmful" content posted on Snapchat, TikTok and YouTube as it told the digital platforms on Wednesday to hand over more information on how their platforms recommend content to users.
EU requests information from YouTube, Snapchat, TikTok about recommendations
The EU Commission requested on Wednesday information from YouTube, Snapchat and TikTok on the parameters used by their algorithms to recommend content to users and their role in amplifying some systemic risks, including those related to the electoral process, mental health and protection of minors.
