Irenic sent a letter to Snapchat CEO Evan Spiegel arguing that the social-media company's market capitalization should be closer to $35 billion, as opposed to its current enterprise value of around $7.9 billion.
The latest trading day saw Snap (SNAP) settling at $4.49, representing a +2.98% change from its previous close.
Snap (SNAP) closed the most recent trading day at $4.56, moving 1.3% from the previous trading session.
Snap Inc. is at an inflection point, leveraging AI-driven efficiency and launching Specs AR glasses to unlock profitability and growth. SNAP trades at just 1.53x trailing revenue, a deep discount to peers, despite accelerating revenue, margin expansion, and a $1B+ subscription business. AI automation, revenue diversification (Snapchat+, Perplexity partnership), and robust user engagement underpin a Buy rating with a $9.50 target—over 100% upside.
One-fifth of Australian teenagers under 16 were still using social media two months after the country banned platforms from allowing minors, industry data showed, raising questions about the effectiveness of age-gating methods they are using.
Snap (SNAP) concluded the recent trading session at $4.86, signifying a -1.02% move from its prior day's close.
Snap (SNAP) reported earnings 30 days ago. What's next for the stock?
Recently, Zacks.com users have been paying close attention to Snap (SNAP). This makes it worthwhile to examine what the stock has in store.
Still one of the big names in the social media space, Snap Inc. ( NYSE:SNAP ) is sitting near $5 a share, down 37% year-to-date and roughly 52% over the past year.
Snapchat is introducing a subscription program to help creators boost revenues. Creator Subscription will launch in alpha testing Feb. 23 with a select group of creators in the U.S., the social media platform announced Tuesday (Feb. 17), adding that there are plans to expand to creators in Canada, the U.K. and France in the coming weeks.
Social network Snapchat announced today it's launching creator subscriptions in alpha with select people in the U.S. starting on February 23. The company noted that users will be able to buy subscriptions to creators, including Jeremiah Brown, Harry Jowsey, and Skai Jackson.
Snap delivered a 59% gross margin in Q4, up from 55% sequentially, targeting above 60% in FY26. Adjusted EBITDA reached $358 million, with 51% incremental flow-through, signaling scalable operating leverage. Free cash flow totaled $206 million in Q4, while trailing twelve-month operating cash flow hit $656 million.