Snapchat on Wednesday announced the launch of a new Snapchat+ tier called “Lens+.” The new tier costs $8.99 per month and, as its name suggests, is centered around giving users access to exclusive Lenses and AR experiences.
For years, Snap has envisioned a future where people wear glasses to view and interact with computer-generated images without having to scroll through their smartphones.
Snap (NYSE: SNAP) stock has fallen more than 20% this year. In fact, the stock has decreased over 50% from its peak in July of last year.
Snap (SNAP) reported earnings 30 days ago. What's next for the stock?
Snap's Q1 results were solid, driven by strong subscription growth, but management's cautious tone and lack of Q2 guidance spooked investors. Advertising remains a weak spot, despite a successful transition to direct response advertising. Snap's investments in AR and hardware could create upside but lack a clear monetization path at this point in time.
Examine Snap's (SNAP) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of 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.
Snapchat announced on Wednesday that Snap Map now has more than 400 million monthly active users, a new milestone for one of the app's core features.
Snap's valuation dropped 12% due to lack of Q2'25 guidance this week, despite better-than-expected Q1'25 results, creating a unique 'buy-the-drop' opportunity for investors. Key metrics like user base, ARPU and free cash flow growth indicate Snap's fundamentals remain solid, suggesting potential for a valuation rebound. Snap saw significant FCF growth, backed by user growth and higher average revenue per user in all geographies.
Snap (SNAP -1.70%) disappointed stock market investors with its latest quarterly update.
‘We've heard from a subset of advertisers that their spending has been impacted by the changes to the de minimis exemption,” CFO Derek Andersen said.
Snap Inc (NYSE:SNAP) has withheld second quarter guidance, sending its shares more than 15% lower despite handing down a solid first quarter report. For Q1, revenue grew 14% from the year-ago quarter to $1.36 billion, above estimates of $1.34 billion.