A month has gone by since the last earnings report for Snap (SNAP) . Shares have lost about 8% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Snap due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Snap Beats on Q3 Earnings & Revenues, Announces Buyback, Stock UpSna ...

Snap Inc. (SNAP) stock has demonstrated remarkable resilience, climbing 6.6% in the month following its third-quarter 2024 earnings release, as investors respond positively to the company's strategic initiatives and improving financial metrics. The social media giant's performance suggests a compelling investment case for both new and existing investors.Share Price MovementImage Source: Zacks Investment ResearchImpressive Financial PerformanceThe company's third-quarter results paint a picture of robust gro ...

Instagram is introducing the ability for users to share their locations with their friends via DMs (direct messages), the company announced on Monday. The feature indicates that the Meta-owned social network is looking to challenge services like Apple’s “Find My” and Snapchat’s Snap Map, both of which are popular ways for users to see their friends’ and loved ones’ live locations.The launch of the feature doesn’t come as a total surprise, as Instagram was spotted testing a way for users to see their friends ...

Snap (SNAP) closed the last trading session at $10.51, gaining 5.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.15 indicates a 25.1% upside potential.The average comprises 31 short-term price targets ranging from a low of $8 to a high of $18, with a standard deviation of $2.43. While the lowest estimate indicates a decline of 23.9% from the current price level, the most opt ...

For Immediate ReleasesChicago, IL – November 15, 2024 – Zacks.com announces the list of stocks and featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Snap-on Inc. (SNA) , Griffon Corp. (GFF) , Churchill Downs Inc. (CHDN) and Roper Technologies, Inc. (ROP) .Here are highlights from Friday’s Analyst Blog:4 Stocks in Focus That Recently Announced Dividend ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...

Snap (NYSE: SNAP ) reported better than expected earnings for the third fiscal quarter with the top line also growing faster than expected. The social media company is growing its average revenue per user and the subscriber numbers for Analyst's Disclosure: I/we have a beneficial long position in the shares of SNAP, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking ...

Snap (SNAP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earnings pictur ...

The social media company is developing technology to make its platform more engaging.Snap (SNAP 3.04%) reported increased users, revenue, and cash flow as it works to better monetize its massive customer base.*Stock prices used were the afternoon prices of Oct. 30, 2024. The video was published on Nov. 1, 2024. ...

Snap just delivered a strong set of quarterly financial results.Snap (SNAP -3.65%) is the parent company of social media platform Snapchat. Its stock is down 85% from its all-time high, which was set during the tech frenzy in 2021. While many of its peers also plunged following that period, Snap struggled to mount a sustained recovery.The company's revenue growth isn't keeping pace with other social media giants like Meta Platforms, and it also continues to lose money at the bottom line. However, Snap's rec ...