SNAP - Snap Inc.

NYSE - NYSE Delayed Price. Currency in USD
11.56
+0.44 (+3.96%)
At close: 4:02PM EDT
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Trade prices are not sourced from all markets
Previous Close11.12
Open11.45
Bid11.55 x 2900
Ask11.60 x 27000
Day's Range11.40 - 11.81
52 Week Range4.82 - 14.47
Volume29,187,156
Avg. Volume24,916,108
Market Cap15.491B
Beta (3Y Monthly)1.16
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 Est11.49
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  • Why Snap Stock Jumped Today
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    Why Snap Stock Jumped Today

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  • TheStreet.com3 days ago

    Snap Rises on Report of Talks With Major Record Labels

    is talking with major record labels to expand the ways users can include music in posts on its flagship Snapchat app, The Wall Street Journal reported Friday. Citing people familiar with the matter, the Journal said that while Snap over time has secured case-by-case licenses to use individual artists' music on the platform, it is now seeking broad rights to the catalogs of Universal Music Group, Sony Music Entertainment and Warner Music Group. The licences wouldn't let Snap create on-demand music service like Spotify or Apple Music.

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    Snap could let users add songs to their disappearing messages

    Snapchat is reportedly looking to make it easier to incorporate music into itsephemeral messages, so users don't have to resort to using tricks andloopholes

  • Benzinga3 days ago

    An Improved Music Experience May Be Coming To Snapchat

    Snap Inc. (NYSE: SNAP ) is in talks with major record labels to expand the ways users can include music in posts on its Snapchat app, according to The Wall Street Journal .  Snap shares were trading up ...

  • MarketWatch3 days ago

    Snap shares climb 2.7% premarket on WSJ report of talks with major music labels

    Snap Inc. shares rose 2.7% in premarket trade Friday, after a report that the Snapchat parent is in talks with record labels on expanding the ways its users can include music in posts. The Wall Street Journal, citing people familiar with the matter, said the move comes amid competitive pressure from Facebook Inc.'s Instagram and TikTok. Snap already has case-by-case licenses to use individual artist's music, but is now seeking to access the catalogs of the big music labels, including Vivendi SA's Universal Music Group, Sony Corp.'s Sony Music Entertainment and Access Industrie's Warner Music Group, the paper reproted. Snap shares have gained 4.9% in the last 12 months, while the S&P 500 has gained 3.5%.

  • Snapchat employees reportedly snooped on users with 'SnapLion' tool
    Engadget3 days ago

    Snapchat employees reportedly snooped on users with 'SnapLion' tool

    A bombshell Motherboard report reveals that employees across several departments at Snapchat can view user location information, saved Snaps, phone numbers and email address through a tool known as SnapLion. It's not clear exactly how widespread abuse of the tool is; a former Snapchat employee quoted in the report said that data access abuse happened a "few times" at the organization.

  • Snap taps first VP of diversity and inclusion from Google
    American City Business Journals4 days ago

    Snap taps first VP of diversity and inclusion from Google

    Snap Inc. has added another leader to its executive team, hiring Oona King as the Snapchat parent’s vice president of diversity and inclusion. The hire marks the first time that Snap (NYSE: SNAP) has had anyone in that role. King joins Snap from Google (NASDAQ: GOOG), where she served as director of diversity strategy.

  • Why Snap Stock May Finally Stabilize for the First Time in 2 Years
    InvestorPlace4 days ago

    Why Snap Stock May Finally Stabilize for the First Time in 2 Years

    For social media company Snap (NYSE:SNAP), life as a public company has been a roller coaster. It started with a huge post-IPO pop, as SNAP stock jumped from its $17 IPO price to $30 within the first few days of trading.Source: Shutterstock Then, a few bad earnings reports later, SNAP stock price tumbled all the way to $5, as its user growth fell flat, its revenue growth slowed, and its losses piled up. In 2019, though, SNAP stock has nearly doubled amid renewed user growth, healthy revenue growth trends, and improving margins. * 6 Stocks to Buy for This Decade's Massive Megatrend In other words, Snap stock has risen tremendously, tumbled, and rallied by a large amount, all in two years. Naturally, the question now is: What's next? Another surge higher? Another huge retreat?InvestorPlace - Stock Market News, Stock Advice & Trading TipsNeither. I actually think Snapchat stock will break its two-year trading pattern and move largely sideways for the rest of the year. SNAP stock price won't drop tremendously because it has tons of catalysts on the horizon which should help it grow at healthy rates. But it won't rally in a big way, either, because its valuation is very rich and already prices in gains from all those catalysts.So, for the first time in its two-year history, SNAP stock may actually find some stability at this point in the lower double-digit range. Lots of Catalysts Will Keep Selling MutedSnap has a plethora of catalysts on the horizon which will keep its growth trends healthy for the rest of 2019, and that elevated growth will keep investors from selling SNAP stock in bulk.Snap has shown good progress in early 2019. After plateauing for several quarters, Snap's user base finally grew again in early 2019, as the company moved past the awful redesign headaches that plagued it in 2018. Its revenue growth trends broadly remained healthy as advertisers continue to give the platform a shot because of its unprecedented reach among America's young people. Its gross margins continued to move higher, and its operating-spending rates dropped, as its business grew.All in all, Snap has proven that it can continue to grow, and that's why SNAP stock has bounced back from the dead.These improved growth trends should persist for the rest of the year. On the user-growth front, Snap's user base should remain largely stable as the ramp over at Instagram in general and Instagram Stories in particular appears to be in the rear-view mirror. Plus, the company has successfully overhauled its Android app, and that should boost its international user growth.Meanwhile, on the revenue front, continued healthy user growth trends should help Snap attract more and more advertisers to the platform. Also, the more mature Snap's advertising business gets, the more ad dollars it should attract as advertisers become more and more comfortable with spending money on the relatively new platform. Its gross margins will continue to improve as its business grows, and its operating-spending rates will continue to drop.All in all, SNAP's growth trends should remain favorable for SNAP stock for the rest of the year. Because of that, it's tough to see SNAP stock price falling much from its current level. Rich Valuation Will Keep Buying MutedAt the same time, it's equally tough to see SNAP stock rallying much, given its already stretched valuation. In short, SNAP stock price already fully reflects all of the company's 2019 positive catalysts, and then some.SNAP stock currently trades at 12 times its 2018 sales. That puts the stock in a class of its own when it comes to digital advertising names. Facebook (NASDAQ:FB) trades at nine times its trailing sales. So does Twitter (NYSE:TWTR). Meanwhile, Alphabet (NASDAQ:GOOG) trades at six times its trailing sales. Indeed, the only other digital ad stock with a comparable sales multiple is Pinterest (NYSE:PINS), and Pinterest's revenues surged 50%-plus last quarter and its user base jumped 20%-plus.In contrast, Snap's revenues increased by less than 40% last quarter, and its user count dropped year-over-year.A great deal of the premium valuation reflected by SNAP stock is due to its potential ability to increase its margins. Snap runs huge operating losses, while Facebook, Twitter, and Alphabet all have very high margins. The potential for Snap to one day generate high margins is largely responsible for the premium multiple of SNAP stock.But, even taking into account the potential margin increase, today's valuation seems full. Snap's revenues can and will easily rise at a 20%-plus rate for the foreseeable future. Its gross margins can climb towards 80%. Its operating-spending rates could reasonably drop towards 30% as its business grows. But, even with all those aggressive assumptions, Snap will still only report EPS of about $0.70 by fiscal 2025.Based on a forward multiple of 25 which is average for digital-advertising stocks,, that implies a reasonable 2024 price target for Snap stock of $17.50. Discounted back by 10% per year, that equates to a fiscal 2019 price target of just under $11. The Bottom Line on SNAP StockLife as a public company has been a roller-coaster ride for SNAP stock. This wild ride may be ending soon. There are enough positive catalysts on the table to keep SNAP stock price from dropping much for the foreseeable future. At the same time, there are enough valuation risks to keep the stock from rallying much for the foreseeable future, too.Thus, SNAP stock looks destined to trade sideways over the next several months and quarters. That would be an unusual - and perhaps welcome - break from the big swings this stock has made over the past two years.As of this writing, Luke Lango was long FB, GOOG, and PINS. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 6 Stocks to Buy for This Decade's Massive Megatrend * The 7 Best Stocks to Buy From the IPO ETF * 7 Athletic Apparel Stocks With Marathon Pace Compare Brokers The post Why Snap Stock May Finally Stabilize for the First Time in 2 Years appeared first on InvestorPlace.

  • Snap (SNAP) Up 0.4% Since Last Earnings Report: Can It Continue?
    Zacks4 days ago

    Snap (SNAP) Up 0.4% Since Last Earnings Report: Can It Continue?

    Snap (SNAP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • TheStreet.com4 days ago

    Snap Could Snap Back Even More From Its Lows

    plummeted after one of its most popular users, Kylie Jenner, declared that she no longer was interested in using the social media website. At the time, Snap was under fire for changes the company made to its Snapchat user interface. Snap Inc. commenced trading in April 2017.

  • If Nio Stock Has Disappointed You, Read This
    InvestorPlace5 days ago

    If Nio Stock Has Disappointed You, Read This

    As far as newly minted stocks go, China's electric car maker Nio (NYSE:NIO) is off to a miserable start. Nio stock, currently trading near $4.00, is now down more than 30% from its September IPO price. Perhaps the startup isn't the next Tesla (NASDAQ:TSLA) after all.Source: Shutterstock Or maybe it is -- and investors only now remember one doesn't simply turn a multi-billion dollar enterprise into a profitable success overnight.That is actually the case here, to be clear. As we've seen far too often within just the past several months, investors are willing to dive head-first into a euphoric initial public offering based on a story, ignoring the fact that it's a sales pitch. Only afterwards do those pesky fundamentals start to matter, deflating puffed-up public offerings. Nio is the real deal, though. Even analysts expect big things soon.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe period between the public offering and validation, however, could be a rough one. Been There, Done ThatMore than a few recent public offerings have turned out punitive for early believers.GoPro (NASDAQ:GPRO), for instance, now trades 70% lower than its 2014 IPO price. As it turns out, nobody disputes the company makes the world's best action cameras. It just so happens that most consumers don't care to own one.Snap (NYSE:SNAP) is presently valued about one-third less than its public-offering price (and 60% less than its post-IPO high) not because it's a poor social networking platform, but simply because consumers don't need another one other than Facebook. * 10 Small-Cap Stocks That Look Like Bargains Demand or marketability aren't the problem here, however. Electric carmaker Nio is, more than anything else, a name that went public too soon.Founded in 2014 and initially owned by Tencent Holdings (OTCMKTS:TCEHY), Hillhouse Capital and founder and CEO Bin Li just to name a few, the company was largely designed to recreate what Tesla had done to date -- but do it better, and do it in China. While at the time of its September IPO, it had only made a few hundred vehicles, by the end of last year the company made almost 13,000 of its one-and-only ES8. The company clearly did something productive with the $1 billion it raised in that initial round of fund-raising.Nio and the early buyers of Nio stock still learned a quick lesson the hard way, however. That is, its vehicles may be just as marketable as Tesla's, and nobody doubts the company can scale up (existing automaker JAC, in fact, has agreed to manufacture all the Nio-branded EVs the company wants), but Tesla had something back in 2010 that Nio didn't have last year -- something new (at the time) to tout that made a lot of sense (electric vehicles), addressing a market that nobody else was competing in (at the time), and making a pitch nobody else could make at the time.What Nio should have done is demonstrate a clear path to profitability first, and then asked for more money, positioning itself as the un-Tesla. With nothing new or novel to excite them, investors quickly lost interest.Welcome to the game. Looking Ahead for Nio StockNio may still lack the scale Tesla has at this time, but Nio is being built from the ground up to become and remain profitable. Indeed, it's being careful almost to fault. It's still unclear that's the case for Tesla, which would be a great talking point that so far's been underutilized.And for what it's worth, given China's aim of becoming the world leader in electric vehicles, it would be naive to think Nio isn't going to get all the help it needs as well to become a global alternative to Tesla… here, there, and everywhere else. Rival BYD, which is technically the world's biggest EV maker, certainly gets such support.It's just not going to all fall in place tomorrow.It may start to happen in earnest next year, though, and even more so the year after that.Analysts -- analysts in the U.S. -- forecast a top line of $720 million this year, which will grow to $2.2 billion next year, and continue to grow at this clip into 2021. By 2022, Nio should be in the black. Click to EnlargeThey're just guesses, to be fair, but they're guesses from professionals that get paid to keep their finger on the pulse of their respective markets and look past the near-term noise. As a group, they're usually in the ballpark. Bottom Line on NIOThe trick, as previously noted, is getting through the volatile period between now and then.Don't sweat it if you're kicking the proverbial tires and struggling to find anything to get excited about. The chart's current action isn't a reflection of the company, nor is the rhetoric surrounding it, but it's rough all the same. There's still a myriad of the usual post-IPO kinks to work out. Fair or not, traders are still in control of Nio stock, and without any clear-cut bullish history to tout -- the result of going public a tad too early -- there simply aren't enough fans and followers on the same page to change the current direction of the Nio stock price.This is just part of that clumsy transition from being a new stock to an established company. Not unlike one's teenage years, they're going to be awkward. * 7 Safe Stocks to Buy for Anxious Investors Give it time, though. It'll turn out fine. Remember, Facebook (NASDAQ:FB) was a train wreck coming out of its 2012 IPO, getting more than chopped in half within a few months. Five years later, it's up nearly 500% from its public-offering value.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post If Nio Stock Has Disappointed You, Read This appeared first on InvestorPlace.

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  • Snap Is Making Up for Last Year
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  • Why Snap’s Stock Surged 7% on May 15
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    Must-Know Updates from Tencent, Instagram, and Snapchat(Continued from Prior Part)Snap’s stock surged after Instagram killed Direct Snapchat-parent Snap’s (SNAP) stock has struggled since the initial surge after going public, as Facebook’s

  • TheStreet.com6 days ago

    Snap Names Derek Andersen Finance Chief and Lara Sweet Chief People Officer

    were rising in premarket trading after the social media company announced that Derek Andersen will take over as the company's new chief financial officer, taking over for interim finance chief Lara Sweet following the departure of Tim Stone. Sweet will become Snap's chief people officer. Andersen will report directly to CEO Evan Spiegel.

  • Snapchat employees reportedly abused access to data
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  • Snap employees reportedly accessed user data improperly
    Yahoo Finance Video3 days ago

    Snap employees reportedly accessed user data improperly

    According to a report from Vice, some Snapchat employees have improperly accessed user data using internal tools that give access to a user's location, email, phone number, photos, and videos. Yahoo Finance's Dan Roberts, Kristin Myers, and Akiko Fujita break down the details.

  • TikTok parent launches new messaging service challenging Snapchat and Facebook
    CNBC Videos6 days ago

    TikTok parent launches new messaging service challenging Snapchat and Facebook

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