Snap: Maximum Bullish On All-Round Strong Growth And AI Monetization [Seeking Alpha]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Seeking Alpha
Snap still trades at a massive discount in price to sales multiple to Pinterest, Reddit and Meta Platforms, and its app appeal to younger audiences is often not understood. Snap is demonstrating accelerated AI monetization in Snapchat+ and has one of the largest used chatbots in MyAI. Further strategic partnerships with tech peers expected in the nearer term. 50% upside price target to fair value. Summary This is a follow-on to my Strong Buy rating article on Snap ( NYSE: SNAP ) on 1 March 2024 at its price of $10.73. Whilst Snap's stock price at $15.05 on Tuesday's close is up 40% from my Strong Buy call, there Recommended For You Recommended For You
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- Skip to content [TechCrunch]TechCrunch
- Catch up on the day's stories: Cheap groceries, a polarizing graduation speech, health care cyberattacks [CNN]CNN
- The Potential TikTok Ban in the U.S. Is Real: Here's What it Means for Facebook's Stock [Yahoo! Finance Canada]Yahoo! Finance Canada
- Instagram parent Meta hit with online child safety probe in Europe [Yahoo! Finance]Yahoo! Finance
- Priority With Clarity: Meet Ashwini Siddhi [Yahoo! Finance]Yahoo! Finance
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- 2/1/24 - Beat
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- 5/16/24 - Form 144
- 5/16/24 - Form 144
- 5/16/24 - Form 144
- META's page on the SEC website