|Bid||11.96 x 21500|
|Ask||11.97 x 47300|
|Day's Range||11.68 - 12.20|
|52 Week Range||4.82 - 15.96|
|Beta (3Y Monthly)||1.17|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 23, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.81|
Yahoo Finance's Julie Hyman, Adam Shapiro, Emily McCormick, Sibile Marcellus and Dan Roberts discuss Twitter's robust earnings.
CNBC's Jim Cramer, Carl Quintanilla and David Faber break down Twitter's earnings report and what it might mean for other relevant stocks such as Facebook and Snap.
Erin Gibbs, portfolio manager at S&P Global Market Intelligence, and Alex Kantrowitz, Buzzfeed's senior technology reporter, join "Squawk Box" to discuss earnings results from the technology sector including Twitter.
Investors on Tuesday will continue parsing through an onslaught of earnings results in search of signals for the directions of future growth in the corporate world.
Snap, the maker of Snapchat, is expected to report its first-quarter earnings after bell on Tuesday. Investors will be looking for signs that last quarter's user growth was no fluke. Snap SNAP , the maker of Snapchat, is expected to report its first-quarter earnings after bell on Tuesday.
Four of the Latest Takeaways from Microsoft in April(Continued from Prior Part)Zoom turned Microsoft down According to data from Crunchbase, Microsoft (MSFT) has bought about a dozen companies since the beginning of 2018, and it recently announced
Twitter beat EPS estimates by 40% reporting an adjusted EPS of $0.21 for the quarter compared to the $0.15 estimate. This quarter Twitter reported 133 million monetizable DAUs demonstrating 11% growth from the same quarter last year and 22% growth from Q1 2017.
Twitter earnings rose 132% to 37 cents a share, defying views for a dip to 15 cents. Twitter stock jumped to its highest level since June, as monthly active users of 330 million beat views.
Twitter is not out of the woods, but it’s clear the company has stabilized financially after a long stretch of wobbles. To be clear, Twitter still has a load of problems. Twitter will never be in the internet big leagues occupied by Facebook Inc. and Google, and everything could still fall apart.
Earnings obsessed? Our call of the day urges investors to move past what will likely be an uninspiring quarter or two of corporate results, and start thinking about how to preserve their investment gains in a market that has already risen strongly this year.
Investing.com - Snap rallied Tuesday, ahead of its first-quarter results due after markets close, as Twitter's better-than-expected results turned investor sentiment positive on social media stocks.
The Zacks Analyst Blog Highlights: CommScope, Ceridian HCM, Cabot Oil & Gas, Incyte and Snap
Snap, Inc. (NYSE: SNAP) is looking to continue its red-hot 2019 when the company reports first-quarter earnings. “[D]espite the strong YTD share performance, given the relatively early stage of both new product rollouts and the Android rewrite, we believe expectations for reported performance improvements remain low,” Morris wrote.
SIOUX FALLS, SD / ACCESSWIRE / April 23, 2019 / Facebook, Ulta Beauty and Snap have topped MarketBeat 's list of most-upgraded stocks during the week of April 22nd. These three stocks all received at least ...
Snap (NYSE:SNAP) is expected to report earnings on Tuesday -- the same day Twitter reports earnings. The business narrative around the company has improved, and analysts have been quick to raise price targets in response to stock price momentum. The stock has rallied by 115% year-to-date, so some analysts have raised price targets, but some question the current valuation, as a lot of upside seems to have been priced into the stock already. * A Balanced Take on Snap Stock Following First Snap Partner SummitConsensus expectations for Snap revenue and EPS for Q1 are $306.48 million and -$0.12 EPS. While the company still isn’t profitable, the financial losses have narrowed while revenue continues to grow at a 30% growth rate. Snap disclosed that the bulk of the revenue growth is coming from ARPU (average revenue per user) growth, as user growth flatlined in 2018. Snap likely will generate meaningful revenue growth as a result of optimizing pricing and inventory within its self-serve platform, so they do have room to improve per user revenue metrics, but what would really excite investors would be some growth in terms of daily active users, which has remained flat at 186 million for the past year.Some growth in users or adoption would diminish the thesis that Snapchat users are churning out of the platform in favor of Instagram. Though, in a lot of cases, people use multiple social apps so there’s definitely room for a number of social apps to co-exist together, and because Snap’s social features are optimized around the camera like Instagram, it’s easy to confuse whether the two demographics completely overlap leading to a take-all environment. Therefore, to debunk some of the narrative, what would really make Q1’19 results standout would be a surprise on user metrics, as it seems fairly likely that financial estimates will likely meet or beat expectations as the consensus estimates are based on the high-end of management’s outlook for the quarter.Ross Sandler at Barclays remains optimistic on Snap stock maintaining his overweight rating and $12 price target. (To watch Sandler's track record, click here)The analyst noted, "We remain convinced that the Snap story is similar to TWTR in 2017 whereby the turn-around should materialize into meaningful market cap appreciation as investors see a path towards growing the user base and getting back to innovation following a rough 2018. The move from $5 to $12 has priced in a good amount of our optimism around this thesis, but we still see upside from current levels. Expectations are now running high into 1Q, but we think the company continues to deliver. Our checks continue to point to healthy demand for SNAP ads in 1Q, but the company is coming off a big budget flush in 4Q and is lapping the 9-point benefit from the Olympics, so we aren't expecting much upside."Granted, not everyone is as enthusiastic about SNAP as Sandler. For example, Michael Pachter from Wedbush downgraded the stock from outperform to Neutral while still maintaining a price target of $12.25. (To view Pachter's stock-pick performance, click here)Pachter opined, "We are downgrading shares of Snap to NEUTRAL and maintaining our $12.25 PT. Since we upgraded shares of Snap on September 11, the stock has appreciated roughly 19%. Our price target is based upon a roughly 8x multiple applied to our FY:20 revenue estimate of $2.06 billion, and with shares now trading at roughly 8x the consensus FY:20 revenue estimate, we see limited upside from current levels."Also, Brian Nowak from Morgan Stanley remains bearish on the stock, but did raise his price target from $5.50 to $8.50: "We raise our forward estimates and DCF-based price target to $8.50. That said, given we still have ~30% downside and our peer-based EV/revenue to revenue growth regression implies SNAP should trade at $8/share, we likely need even stronger fundamental results (than our new numbers) to drive material outperformance from here. As such we remain Underweight."Bottom lineThe big driver to sentiment is whether or not Snapchat can turnaround user metrics and get them to grow, especially on Android. The expectations embedded into a lot of financial models imply that Snap would need to grow at a quicker pace than it currently is, and to do so, the user narrative will need to improve. With the stock having already priced-in gains, some analysts are simply revising their recommendation lower or moving around targets, but sentiment is a little more polarizing heading into Q1’19 earnings for Snap. More recent articles from Smarter Analyst: * Cowen Counts the Points in Aurora Cannabis (ACB) Stock Favor * With Two Days to Go Before Amazon (AMZN) Earnings, this Top Analyst Weighs in on the Stock * Should You Count on Facebook (FB) Earnings to Push the Stock Higher? Top Analyst Weighs In * Tesla (TSLA) Stock Logs Another Sell Rating; Here's Why
For all the talk of stocks breaking out to new highs, most of the FAANG stocks are not among them. This earnings season could be a turning point.
Snap will release its first-quarter earnings report after the closing bell on Tuesday on the heels of a couple of key developments at the social media company.
Facebook (FB) is reporting its Q1 earnings after market-close on Wednesday, April 24th. They are expected to report an EPS of $1.65 which would represent a 2.3% decline from Q1 2018. FB is estimated to report $15 billion in quarterly revenue on Wednesday which would illustrate 31% YoY growth.
Snapchat (SNAP) is releasing earnings tomorrow after close and investors are likely in for some substantial volatility. Since their IPO in early 2017 SNAP has on average had a 20% price movement from earnings releases with 75% of those moves being to the downside.
Twitter (NYSE:TWTR) is expected to release earnings tomorrow, April 23, before the open. Year-to-date, Twitter stock is up almost 20%. I believe that the relatively strong recent performance of TWTR stock has been based on robust fundamentals. Last quarter's results showed that Twitter is making more money than ever before as it delivered its fifth profitable quarter in a row. I expect the positive trend in earnings to continue this quarter, too.Source: Andreas Eldh via FlickrWith earnings season in full swing, let us look at the catalysts that are likely to provide tailwinds to TWTR stock price during the rest of the year. Twitter Stock's Fundamentals Are RobustRecent research shows that most U.S.-residents get their news from social media as opposed to more traditional outlets, such as TV or print media. With more than 336 million monthly active users (MAUs), Twitter is one of the biggest social networks globally. Its main competitors include Facebook (NASDAQ:FB), Snap (NYSE:SNAP) and Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 3 Stocks on Shaky Ground The number of users and the engagement of users are crucial in determining the value of a social network company and hence its stock price. When Twitter reports, investors will pay attention to Twitter's user metrics, particularly its monetizable daily active users (mDAU). The company revealed this metric for the first time ever during its Q4 2018 earnings report. Twitter has 126 million users daily and this figure is growing.Twitter said that it only counts users who could be exposed to ads -- its "monetizable" audience. Many investors have since cheered this number as they feel that there is further room for Twitter to grow, translating to a potential increase in the stock price.The microblogging service also reported $791 million in ad revenue in Q4, an increase of 23% year-over-year (YOY) as well as a jump in profits by 180% YOY. Finally, Twitter's data licensing revenue increased 35% YOY to $117 million. Data Licensing is Propelling TWTR's GrowthAs the world's best-known micro-blogging platform Twitter is used by politicians, journalists and global brands. Many readers see breaking global news or the opinions of famous people on TWTR first. In its February earnings release, investors applauded Twitter's data licensing business, a significant revenue generator which produced double-digit percentage growth.The data licensing business involves providing additional information to companies about tweets. Recently, the company has started offering cheaper data access packages to smaller companies, a move that is likely to increase its revenue further.Wall Street now expects Twitter's high-margin data licensing revenue to be boosted by further international expansion, as the number of overseas TWTR users are increasing, especially in the developing world. Its latest earnings call noted that the total international revenue was $403 million, an increase of 24%, or 27% on a constant currency basis.Furthermore, TWTR will be able to monetize the videos on its website more effectively as it captures a higher percentage of ad spending that is moving to digital video. Twitter owns Periscope, a live video streaming app. In general, video has far higher engagement than text or banner advertisements. To incentivize video makers, Twitter gives the creators get 70% of the ad revenue. Handling of Digital Security IssuesEspecially during 2018, Facebook has been hurt by declining user growth following the digital security issues that were revealed by the Cambridge Analytica scandal. Facebook's user losses accelerated and investors seem skeptical about its ability to resolve the complex problems it's facing.On the other hand, TWTR stock has weathered the initial headwinds of its digital security issues better than FB, as the company has taken steps to remove fake accounts and improve user engagement. Analysts and investors have credited CEO and founder Jack Dorsey with making Twitter more relevant, even as many other social media stocks are going through a rough stretch. Short-Term Technical ChartsOver the past few weeks, TWTR stock has been trading in a range of $30-$35. Priorly it has formed a base between $27.50-$32.50. This level now acts as a support zone, from which the shares can easily make a new sustained leg upwards.Tech stocks may be volatile during Q2 as there could be some short-term profit-taking following the strong Q1 gains. During this earnings season, if the internet services industry which TWTR is part of, other social media companies, or the broader market decline as the companies release earnings, Twitter stock price may also be adversely affected.When the company reports earnings on April 23, investors will pay extremely close attention to the details in the company's quarterly results. The options markets are pricing in an approximate post-earnings move of 10-12% in either direction in TWTR shares. In case of a favorable earnings report, my next price target for Twitter stock in the coming weeks is between $38 - $42.On the other hand, any disappointment in Twitter's earnings statement or future outlook could quickly send the shares to low $30's. Thus, there might be a weakness in the TWTR stock price in the near-term that potential investors should anticipate. The Bottom Line on TWTR StockAlthough I would not advocate bottom-picking as there might be more volatility and even a small initial sell-off following the Twitter earnings report, the social media company's best days from a robust fundamental perspective are likely to be ahead of it.On a final note, takeover rumors of Twitter have been around for several years. The two potential names to buy the company could be Alphabet or Disney (NYSE:DIS). * 7 Tech Stocks With Too Much Risk, Not Enough Upside Investors who are interested in social media companies, but do not want to commit all their capital to a single stock such as TWTR may also consider investing in various exchange-traded Funds (ETFs) that have Twitter as a holding, including Communication Services Select Sector SPDR (NYSEARCA:XLC) or Global X Social Media Index ETF (NASDAQ:SOCL).As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Tech Stocks With Too Much Risk, Not Enough Upside * 7 Companies That Are Closing the CEO-Worker Wage Gap * 7 Video Game ETFs That Will Make You a Winner Compare Brokers The post Should You Buy Twitter Stock Ahead of Earnings on Tuesday? appeared first on InvestorPlace.