5 Reasons to Start Believing in Snap Inc. Again [The Motley Fool]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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US:NYSE Investor Relations:
investor.snap.com/company-profile
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Source: The Motley Fool
It's easy to focus on Snapchat's falling user numbers, but those don't tell the whole story. Snap Inc.'s ( NYSE:SNAP ) daily active users (DAUs) count disappointed for the third quarter, but the company still had some positives come out of the period. But before we get to those, let's cover the bad news. For the second quarter in a row, Snap reported slippage in the number of DAUs: this time, a 1% sequential decline to 186 million. And the company warned investors that it expected another decline next quarter. The stock has fallen about 55% year-to-date as investors have lost confidence in the social media platform's ability to increase its user base and revenue in the face of growing competition from Facebook's ( NASDAQ:FB ) Instagram. However, Snap management maintains that it has been making changes that will benefit the company in the long term, and certain figures indicate that they're working so far. The Snapchat app saw a decline in users
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SNAP
News
- Snap Inc. (NYSE: SNAP) had its "neutral" rating re-affirmed by analysts at Roth Mkm. They now have a $14.00 price target on the stock.MarketBeat
- FIFTH WALL NAMES JEREMY FOX & G.M. NICHOLAS VIK CO-PRESIDENTS [Yahoo! Finance]Yahoo! Finance
- Bump Raises $3M in Seed Funding to Help Creators Maximize Their Wealth-Creating OpportunitiesPR Web
- Wall Street's Insights Into Key Metrics Ahead of Snap (SNAP) Q1 Earnings [Yahoo! Finance]Yahoo! Finance
- SNAP Gears Up to Report Q1 Earnings: What's in the Cards? [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 2/6/24 - Beat
SNAP
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 10-Q
- 4/18/24 - Form 8-K
- SNAP's page on the SEC website