SNAP - Snap Inc.

NYSE - NYSE Delayed Price. Currency in USD
14.86
+1.31 (+9.67%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close13.55
Open14.14
Bid0.00 x 2200
Ask14.89 x 1000
Day's Range14.12 - 14.98
52 Week Range4.82 - 14.98
Volume55,886,178
Avg. Volume26,469,931
Market Cap19.913B
Beta (3Y Monthly)0.82
PE Ratio (TTM)N/A
EPS (TTM)-0.90
Earnings DateAug 5, 2019 - Aug 9, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est11.56
Trade prices are not sourced from all markets
  • Why SunPower, Snap, and G1 Therapeutics Jumped Today
    Motley Fool9 hours ago

    Why SunPower, Snap, and G1 Therapeutics Jumped Today

    Favorable comments from analysts helped some of these power players stand out on a strong day for the market.

  • Former Snap executive takes on Amazon with online department store
    American City Business Journals11 hours ago

    Former Snap executive takes on Amazon with online department store

    Snap Inc.’s former Chief Strategy Officer Imran Khan has launched his next venture. Verishop opened on Tuesday online and on iOS with its sights set on Amazon.com Inc. The new online shopping venture — more of a department store than a marketplace — targets millennials with a curated selection of women’s, men’s, home and beauty products. Verishop also offers a Tastemakers section featuring picks from influencers such as Jess Conte and Alex Costa, and The Responsible Shop with “brands and products that uphold a higher level of social consciousness.” Similar to Amazon (NASDAQ: AMZN), Khan’s new venture promises free two-day shipping with no minimum purchase, free returns within 30 days and 24/7 customer service.

  • Why SNAP Stock Is Surging Today
    InvestorPlace13 hours ago

    Why SNAP Stock Is Surging Today

    SNAP stock is heading higher on Tuesday following a new price target for it.Source: Shutterstock The new price target for Snap (NYSE:SNAP) comes from BTIG analyst Rich Greenfield. This update from the analyst has the price target for SNAP stock increasing from $15 per share to $20 per share.That new price target for SNAP stock represents a roughly 33% increase over the previous price target from Greenfield. It is also sitting at about 47% above the stock's closing price of $13.55 on Monday.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"We believe street expectations for user growth and revenues/Ebitda are simply too low, with far too many investors continuing to ignore Snapchat's recovery, driven by repeated overpromising/missing expectations during Snapchat's first two years as a public company," Greenfield says in a note obtained by MarketWatch.What doesn't change from this recent update on SNAP stock is the BTIG analyst' rating. The firm continues to hold a "Buy" rating for the stock. The reason for the rating is the belief that the company will continue to see increasing user growth with its core demographic of users between the ages of 13 and 34. * 5 Stocks to Buy for $20 or Less Another benefit for SNAP stock comes from new features it is introducing. This includes the addition of games within its app. There have also been new filters that have gone over well with users. Other new filters that perform well may also be a reason that Snap could see an increase in users, CNBC notes.SNAP stock was up 8% as of noon Tuesday and is up 134% since the start of the year. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Red-Hot IPO Stocks to Buy for the Long Run * 5 Stocks to Buy for $20 or Less * 4 Dow Jones Stocks Ready to Rise As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Why SNAP Stock Is Surging Today appeared first on InvestorPlace.

  • Snap Extends 2019 Surge With Analysts More Confident in Rebound
    Bloomberg13 hours ago

    Snap Extends 2019 Surge With Analysts More Confident in Rebound

    (Bloomberg) -- Snap Inc. shares jumped on Tuesday, extending a multi-month surge that has seen the stock nearly triple in value as analysts grow more confident that the social-media company is in the middle of a turnaround.The stock jumped as much as 9% and was trading at its highest level since April 2018. Shares have gained more than 190% off a December low.Tuesday’s rally was fueled by BTIG raising its price target by $5 to $20. The move was just the latest reflection of the firm’s growing confidence in the company, which is known for its Snapchat social-media app. BTIG upgraded Snap to neutral in December, and then to buy in March, and now its target is the highest on the Street.There are “far too many investors” ignoring the company’s recovery, analyst Richard Greenfield wrote, adding that his own conviction “has meaningfully increased” since March. He listed eight catalysts that could extend the rally, including a “more open approach to third-parties” and higher daily active users, and lamented that consensus expectations for user growth and revenues/Ebitda “are simply too low.”Snap’s 2019 rally picked up steam in early February, when its fourth-quarter results beat expectations and it pointed to a stabilizing user base. An additional leg up followed in April, when it announced a suite of new products and services, including a video-game business.One of the most significant catalysts came after Chief Executive Officer Evan Spiegel said a highly anticipated Android redesign would be fully rolled out by the end of the year, news that helped assuage concerns over user engagement.“With the Android rebuild stunting user growth for much of 2018, the launch of the updated app is supporting a resurgence in Android users,” Jefferies analyst Brent Thill wrote on Tuesday, citing an analysis of Android data for April and May. “Positive user growth in 1Q has continued into 2Q and time spent on the platform is relatively stable.”Jefferies has a hold rating on the stock, writing that “improvements may already be priced in” and that it was waiting for a better entry point to turn more positive.On Monday, Aegis Capital Corp upgraded Snap to buy from hold, in what the firm noted was the first time it had recommended the stock “since our pre-IPO initiation work, when we were skeptical of Snap’s ability to drive user growth.” Now, analyst Victor Anthony sees fundamentals improving to the point that he no longer thinks Spiegel should find a buyer for the company.“Snap can stand on its own,” he wrote.To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Snap Stock: Next Stop $20?
    Motley Fool13 hours ago

    Snap Stock: Next Stop $20?

    One Wall Street pro who was expecting Snapchat's parent company to hit $5 nine months ago is now one of its biggest bulls.

  • Pandora Music Deal Isn’t Enough for Snapchat
    Market Realist13 hours ago

    Pandora Music Deal Isn’t Enough for Snapchat

    Snap (SNAP) is in talks to license music rights from Sony Music Entertainment (SNE), Universal Music Group, and Warner Music Group. Snap is pursuing music licenses from these record labels to expand how people share songs in posts on its Snapchat app.

  • Snap stock surges after BTIG hikes target to a Street-high $20
    MarketWatch13 hours ago

    Snap stock surges after BTIG hikes target to a Street-high $20

    Snap Inc. shares continued their big rally on Tuesday after an analyst expressed increased optimism about the company’s latest attempts to monetize its platform and drive user growth.

  • Snap Hits Fresh Highs as Recovery Story Takes Hold
    Investopedia14 hours ago

    Snap Hits Fresh Highs as Recovery Story Takes Hold

    Snap shares moved sharply higher during Tuesday's session after BTIG became the second firm to issue bullish commentary this week.

  • Barrons.com14 hours ago

    Snap Stock’s Top Fan Sees Its Surge Continuing

    Snap stock has rocketed more than 140% so far this year. Shares of the Snapchat parent could continue surging, according to one observer.

  • TheStreet.com16 hours ago

    Snap Gains on Analysts Upgrades as Messaging App Maker Wins Back Wall Street

    shares traded sharply higher Tuesday following a pair of analyst upgrades for the instant messaging app maker as it wins back faith from Wall Street amid improving revenues and longer user engagement. Aegis Capital boosted its price target on Snap by more than 50% to $17 a share, and upgraded its rating to "buy" from "hold", as it "walks back" a previous view that the group should seek a buyer for the business. Aegis analyst Victor Anthony increased his 2020/2021 revenue estimate by 5% and 10% respectively, citing improved results from the Android rebuild of the Snapchat app and a better advertising platform.

  • Snap Brings Shopify-Powered Stores to Snapchat
    Market Realist16 hours ago

    Snap Brings Shopify-Powered Stores to Snapchat

    Snap (SNAP) has partnered with Shopify (SHOP) to allow certain accounts to set up retail stores in its Snapchat app. The Shopify-powered Snapchat stores feature has initially rolled out to certain Snapchat influencer accounts, but there are plans to roll it out to creators, publishers, and brands later this year.

  • Snap Plots Payback for Facebook
    Market Realist16 hours ago

    Snap Plots Payback for Facebook

    Snap (SNAP) is developing an events feature that would allow users of its Snapchat app to create an event and assign it a time and place. People invited to the event can also join discussions for the event by swiping up. Facebook (FB) also offers a feature that allows users of its social network to easily plan events.

  • MarketWatch17 hours ago

    Snap stock gains after BTIG hikes target

    Shares of Snap Inc. are up 3.7% in premarket trading Tuesday after BTIG analyst Rich Greenfield raised his price target on the stock to $20 from $15. "We believe street expectations for user growth and revenues/Ebitda are simply too low, with far too many investors continuing to ignore Snapchat's recovery, driven by repeated overpromising/missing expectations during Snapchat's first two years as a public company," he wrote. Greenfield is upbeat about Snap's increasing embrace of third parties, new Snapchat filters that have been gaining traction, as well as the company's launch of new in-app games. Snap shares have climbed 146% so far this year, as the S&P 500 has risen 15%.

  • Financial Timesyesterday

    Snap AV: no one can second guess the Fed

    The dynamic around the Federal Reserve has changed this year. Whilst for the past few years traders felt pretty comfortable second guessing what would, or would not, happen to the Federal Funds Rate, tomorrow's decision feels very much up in the air. On one hand, there's the pressure the Trump administration's trade war is putting on certain areas of the economy, on the other, inflation is still tracking sub-2 per cent and on Friday, retail sales rose 0.5 per cent month-on-month in May, up from 0.3 per cent in April.

  • Is Twitter Stock A Buy Right Now? Here's What Earnings, Charts Show
    Investor's Business Daily2 days ago

    Is Twitter Stock A Buy Right Now? Here's What Earnings, Charts Show

    Is Twitter stock a buy now? Check out the stock's fundamental and technical metrics to figure out if the stock should be on your watchlist.

  • Amazon Kills Spark, Its Answer to Pinterest and Instagram
    Motley Fool2 days ago

    Amazon Kills Spark, Its Answer to Pinterest and Instagram

    Amazon’s attempt to crack the social shopping market dies a quiet death.

  • Financial Times2 days ago

    TikTok prepares to woo advertisers at Cannes

    The most hotly anticipated debut at this year’s Cannes Lions festival will be TikTok, a Chinese viral video app that is plotting a raid on the advertising dollars flowing to Instagram, Snapchat and YouTube. Owned by the $75bn private Chinese company ByteDance, TikTok lets users watch, create and share quick-fire videos, usually set to pop music, of anything from dances to songs to make-up tutorials.

  • Snap (SNAP) Dips More Than Broader Markets: What You Should Know
    Zacks5 days ago

    Snap (SNAP) Dips More Than Broader Markets: What You Should Know

    Snap (SNAP) closed at $13.96 in the latest trading session, marking a -1.06% move from the prior day.

  • Facebook Watch Gaining Steam, New Features to Aid User Growth
    Zacks5 days ago

    Facebook Watch Gaining Steam, New Features to Aid User Growth

    Facebook (FB) Watch has now more than 720-million monthly and 140-million daily users, who spend at least one minute on Watch.

  • Friday’s Vital Data: Lululemon, Disney and Snap
    InvestorPlace5 days ago

    Friday’s Vital Data: Lululemon, Disney and Snap

    U.S. stock futures are trading slightly lower ahead of the bell. In early morning trading, futures on the Dow Jones Industrial Average are down 0.16%, and S&P 500 futures are lower by 0.23%. Nasdaq-100 futures have shed 0.63%.In the options pits, fear officially left the building, at least if put volumes are any indication. They sank to their lowest levels in recent memory. By day's end, only 12.7 million puts changed hands compared to 15.1 million calls.The ebb in put demand was felt at the CBOE as well, with the single-session equity put/call volume ratio slamming back down to 0.63. That places it in the center of the past few months range. Meanwhile, the 10-day moving average held its ground at 0.66.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOptions traders targeted the following three stocks: Lululemon (NASDAQ:LULU), Disney (NYSE:DIS) and Snap (NYSE:SNAP).Let's take a closer look: Lululemon (LULU)A strong earnings report sent Lululemon stock to record highs on Thursday. For the first quarter, the athletic apparel company earned 74 cents per share on revenue of $782 million. Analysts were expecting earnings of 70 cents on $755 million revenue. * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 LULU also raised its full-year guidance to between $3.73 and $3.77 billion in revenue and earnings per share between $4.51 and $4.58.The stock opened 6.5% higher, but sellers erased the bulk of the gains by day's end. That said, Lululemon stock still sits above all its moving averages, and the long-term trend remains healthy as a horse. Wait for a close above the $180 resistance to signal buyers are ready to sustain a breakout.On the options trading front, calls won the day by a modest margin. Total activity rocketed to 744% of the average daily volume, with 128,810 contracts traded. Calls claimed 56% of the tally.The post-earnings volatility crush was on full display, sending implied volatility into the basement. At 29%, it now sits at the 19th percentile of its one-year range. Premiums are now pricing in daily moves of $3.16, or 1.8%. Disney (DIS)The mouse house was rockin' Thursday after receiving some love from Morgan Stanley analyst Benjamin Swinburne. By day's end, DIS stock rose 4% bringing it within a whisker of a new record high.In the research piece, the bank raised their price target for DIS shares from $135 to $160 citing a lofty forecast for the number of subscribers buying into Hulu, Disney Plus, and ESPN Plus. By 2024, the firm thinks the number could rise as high as 130 million, which should deliver a substantial boost to Disney's bottom line.On the options trading front, traders came after calls with a vengeance. Activity swelled to 516% of the average daily volume, with 372,538 total contracts traded. 85% of the trading came from call options alone.The uptick in demand drove implied volatility higher to 29%, placing it at the 29th percentile of its one-year range. Premiums are now baking in daily moves of $2, or 1.4%. Snap (SNAP)The news was light for Snap shares, but that didn't keep traders from gobbling up call options on the surging social media stock. The 2019 recovery accelerated this month with a rousing two-month breakout that has lifted SNAP stock just shy of a new 52-week high.Volume patterns are supporting the bulls' campaign with multiple accumulation days cropping up. The past five days have seen tight consolidation form near resistance. The lack of any giveback after last week's rip-roaring rally is impressive and reveals the continued strength of buying beneath the surface.On the options trading front, calls proved far more popular than puts. Total activity grew to 155% of the average daily volume, with 143,455 contracts traded. Calls accounted for 71% of the session's sum.Uncertainty has dwindled dramatically with implied volatility now down to 48%. That places it at the 13th percentile of its one-year range, suggesting premiums are quite cheap. The expected daily move is now 43 cents, or 3%.As of this writing, Tyler Craig held bullish options positions in DIS. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 10 Stocks to Buy That Wall Street Expects to Soar for the Rest of 2019 * 7 Value Stocks That Are Flying Under the Radar * 6 Mouth-Watering Fast Food Stocks for Growth Investors Compare Brokers The post Friday's Vital Data: Lululemon, Disney and Snap appeared first on InvestorPlace.

  • How FIFA Makes Money: International Football/Soccer Events and Licensing
    Investopedia6 days ago

    How FIFA Makes Money: International Football/Soccer Events and Licensing

    FIFA is best known for its massive World Cup and Women's World Cup competitions, but the non-profit organization has other sources of earnings as well.

  • Financial, Competitive Headwinds Will Catch up with SNAP Stock
    InvestorPlace6 days ago

    Financial, Competitive Headwinds Will Catch up with SNAP Stock

    Snap (NYSE:SNAP) stock has spent most of 2019 recovering losses it has sustained since its 2017 IPO. With the SNAP stock price at just above $13.60 per share at the time of this writing, it continues to march toward the $17 per share IPO price from two years ago.Source: Shutterstock Deals to boost user engagement and more ad sales have boosted the prospects for Snapchat stock.However, the company continues to face competition from more prominent players. With losses expected for several more years, SNAP could stop moving higher if attention shifts back to the company's stagnant user growth and financial losses.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 High-Quality Cheap Stocks to Buy With $10 SNAP stock price has risen by more than 150% since the start of the year. Investors began to feel more confident about the company as it adopted the ad-based approach that has helped peers such as Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR).Thanks in part to this new approach, analysts predict a 34.8% increase in revenues this year and 30.4% in fiscal 2020.Also, Facebook's decision to not move forward with Direct, an Instagram app for messaging that would have competed directly with Snapchat, boosted the stock further. Financials Are a ProblemAs I stated in a recent article, saving Snapchat does not equate to rescuing SNAP stock. SNAP's daily active user (DAU) numbers have again begun to rise.Unfortunately, at 190 million, DAUs remain below the company's record 191 million daily active users from the first quarter of 2018.The financials indicate the market may not "rescue" the equity further. Even if the company can sustain its positive direction, SNAP trades at more than 14 times sales. Despite the improvements, analysts also forecast losses through at least 2022.Assuming this forecast can hold, carrying the company forward will mean pain to the balance sheet. As of the previous quarter, the company holds about $1.2 billion in cash on its balance sheet. This comes in just under the company's 2018 losses of just over $1.25 billion.This presumes that the company can sustain its current pace for almost a year before it must turn back to the debt or equity markets to raise more cash. At that point, the company may have to resort to share dilution, which of course weighs on the price of SNAP stock.Share issuance is not something new for SNAP stock. The number of outstanding shares rose by 5.48% on a year-over-year basis as of the end of the first quarter.Still, every year has seen double-digit increases in shares available. In 2017, available shares rose by 44.34%. Unfortunately for SNAP bulls, the higher stock price increases the incentive to increase share issuance. Snap's Management ProblemsAnother issue speaks to the concern my colleague Laura Hoy addressed in her article. Admittedly, the concerns she addresses build a compelling case for not trusting the company's management. She cited the decision to not hold an in-person shareholder meeting as one reason for this mistrust.A lack of specifics on the balance sheet reinforces this concern. On that statement, Snap declines to itemize non-current liabilities. Hence, we have no information on the company's debt.We do know that "other long-term liabilities" rose from $110 million at the end of 2018 to $337 million.If that is all long-term debt, that would not constitute a huge liability for a company with over $2.16 billion in stockholders' equity. Specifically, this gives management the option to address some of the losses with more debt.However, the lack of willingness to state this directly could further breed a lack of trust. Such sentiment bodes poorly for Snapchat stock bulls hoping that the rally will continue. The Bottom Line on SNAP StockThe rally in SNAP could end if investor attention returns to the user numbers and the financials. Snapchat stock has moved much higher in 2019 on ad sales and new alliances.Unfortunately, analysts do not expect these moves to make SNAP profitable.The higher stock price could lead to more share issuance. While the company could also address these shortfalls through debt, a lack of transparency about financials or shareholder-related issues could breed mistrust at a time when Snapchat needs to build investor confidence.It is likely just a matter of time before these concerns catch up with SNAP stock.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post Financial, Competitive Headwinds Will Catch up with SNAP Stock appeared first on InvestorPlace.

  • Time Spent on Social Media Fell Last Year
    Market Realist6 days ago

    Time Spent on Social Media Fell Last Year

    Time spent on social media platforms in the US fell 1.9% in 2018 to one hour and 14 minutes after a 10.7% jump in 2017.

  • Call of the Day: Snap Price Target Raised to 'Street High' $20 at BTIG
    Yahoo Finance Video8 hours ago

    Call of the Day: Snap Price Target Raised to 'Street High' $20 at BTIG

    Snap shares popped on Tuesday after BTIG's Rich Greenfield raised his price target to $20 per share, up from $15, on the belief that the company's recovery has meaningfully increased. Rich Greenfield joined Myles Udland and Jen Rogers on the Final Round with his take on Snap.

  • Here's why Snap could win back Wall Street
    Yahoo Finance Video10 hours ago

    Here's why Snap could win back Wall Street

    Snap could be winning back Wall Street. Aegis Capital upgraded the stock to a 'buy' rating, saying it is confident in the company's user engagement and advertising platform. Yahoo Finance's Seana Smith and Dan Howley discuss.