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The Latest Breaking News from Snap Inc

Credit Suisse Slashed Snap's Price Target By 23.4%, Still Reiterated Outperform - Read Why

Snap Inc (NYSE:SNAP) recently shared its reduced expectations of Q2 FY22 revenue and EBITDA amid the challenging macroeconomic environment. Credit Suisse analyst Stephen Ju maintained an Outperform rating on Snap as it cut the price target from $77 to $59 (278.7% upside). Ju called out Snap's 1) minimal exposure to travel as consumer dollars flow from…

Here's Why This Analyst Slashed 2025 Revenue Estimates For Alphabet, Meta, Snap, Twitter

Here's Why This Analyst Slashed 2025 Revenue Estimates For Alphabet, Meta, Snap, Twitter

Research firm MoffettNathanson slashed its 2025 revenue estimates for each Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), Meta Platforms Inc (NASDAQ:FB), Snap Inc (NYSE:SNAP), and Twitter Inc (NYSE:TWTR) by double-digit percentages, Reuters reported. MoffettNathanson expects online advertising in the U.S. to grow by 12.5% annually through 2025, down from the previous estimate of 18.5% annual growth. "After years of uber-bullishness, we are truly concerned…

Microsoft Joins Peers In Hiring Slowdown Amid Economic Volatility

Microsoft Joins Peers In Hiring Slowdown Amid Economic Volatility

Microsoft Corp (NASDAQ:MSFT) looks to slow hiring in its Windows, Office, and Teams chat and conferencing software groups, Bloomberg reports. Recently, Microsoft disclosed plans to double its budget for salary increases and boosting stock grants to retain key workers. Microsoft's slowdown was not companywide, and overall it will continue to hire with additional focus…

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Why Netflix Shares Are Rising Today

Netflix Inc (NASDAQ: NFLX) shares are trading higher Wednesday as streaming, gaming and social media stocks bounce back after falling in sympathy with Snap Inc (NYSE: SNAP) on Tuesday.

Snapchat Has An Apt Filter For Investors 'Shook' By Its Stock Crashing

Snap Inc (NYSE: SNAP), the parent of Snapchat, saw its shares plummet a whopping 43.1% on Tuesday, bringing down the Nasdaq with it. Investors may discover that the multimedia messaging app has just the right filters for them to express their feelings.

Norwegian Cruise Line And Caesars Entertainment Lead The S&P 500 Lower: Today's Winners And Losers

U.S. indices finished Tuesday's trading session lower amid a continued sell-off in stocks.

Why Alphabet Stock Is Sliding Today

Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) shares are trading lower Tuesday after Snap Inc (NYSE: SNAP) said it expects to miss its previ

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Why Roku Shares Are Falling Today

Why Roku Shares Are Falling Today

Roku Inc (NASDAQ: ROKU) shares are trading lower Tuesday after Snap Inc (NYSE: SNAP) said it expects to miss its previously-issued guidance.

Pete Najarian Isn't Worried About Snap Weighing On Facebook, Says Meta Could Bounce Back To This Price 'In A Heartbeat'

Pete Najarian Isn't Worried About Snap Weighing On Facebook, Says Meta Could Bounce Back To This Price 'In A Heartbeat'

Snap Inc (NYSE: SNAP) is dragging down the rest of the social media stocks on Tuesday and one investor sees an opportunity amid the move. What To Know: Snap shares are in free fall after the company warned it expects to miss its previously-issued forecast.

A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off

A Warning Sign For Other Advertisers? Snapchat Analysts React To Shocking Guidance Cut, Stock Sell-Off

Snap Inc (NYSE: SNAP) shares are plummeting 40% after CEO Evan Spiegel warned employees the company will miss its targets for revenue and earnings in the second quarter.

Why Meta Platforms Stock Is Tumbling Today

Why Meta Platforms Stock Is Tumbling Today

Meta Platforms Inc (NYSE: FB) shares are trading lower Tuesday in sympathy with Snap Inc (NYSE: SNAP) after the company

Why Pinterest Shares Are Sliding Today

Why Pinterest Shares Are Sliding Today

Pinterest Inc (NYSE: PINS) shares are trading lower Tuesday morning in sympathy with Snap Inc (NYSE: SNAP) after the company issu

Why Snap Shares Are Falling Today

Why Snap Shares Are Falling Today

Snap Inc (NYSE: SNAP) shares are trading significantly lower Tuesday morning after the company filed a Form 8-K with the U.S.

10 Biggest Price Target Changes For Tuesday

10 Biggest Price Target Changes For Tuesday

Needham reduced WalkMe Ltd. (NASDAQ: WKME) price target from $40 to $20. WalkMe shares dropped 8.1% to close at $12.20 on Monday.

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Why Pinterest Shares Are Falling After Hours

Pinterest Inc (NYSE: PINS) shares are falling in Monday's after-hours session after Snap Inc (NYSE: SNAP) filed a Form 8-K with the U.S.

Why Meta Platforms Shares Are Trading Lower After Hours

Meta Platforms Inc (NASDAQ: FB) shares are falling in Monday's after-hours session after fellow social media company Snap Inc (NYSE: SNAP) filed a Form 8-K with the U.S.

Why Snap Shares Are Plunging After Hours

Snap Inc (NYSE: SNAP) shares are falling in Monday's after-hours session after the company filed a Form 8-K with the U.S. Securities and Exchange Commission showing it expects to miss its previously-issued guidance.

Avoid These 5 Popular Stocks That Still Look Expensive

Concerns over a possible recession because of the Fed’s aggressive interest rate hike to control the surging inflation have led to massive selling pressure in the stock market over the past few weeks. Despite significant price declines, large-cap stocks Uber Technologies (UBER), NIO (NIO), Snap (SNAP), Lucid Group (LCID), and…

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What's Going On With Snap Shares Today?

Shares of several companies in the streaming, social media and gaming sectors, including Snap Inc (NYSE: SNAP), are trading higher amid overall market strength after the Federal Reserve announced it would raise the key interest rate by 50 basis points.

5 Snap Analysts Break Down Q1 Earnings: What's The Read-Through For Advertising?

Social media platform Snapchat parent company Snap Inc (NYSE: SNAP) reported quarterly earnings Thursday after the market close.

Snap Shares See Volatile Afterhours Trading On Q1 Earnings Miss, Q2 Revenue Growth Outlook

Snap Inc (NYSE: SNAP) reported first-quarter revenue growth of 38%

5 Large-Cap Growth Stocks to Sell Now

Concerns over high inflation, supply chain disruptions, and rising COVID-19 cases are expected to keep the stock market volatile for an extended period. While the increased focus on domestic production should help the economy recover, the rate is expected to decelerate. Therefore, large-cap growth stocks Snowflake (SNOW), PayPal (PYPL), DoorDash…

Peering Into Snap Inc Class A's Recent Short Interest

Snap Inc Class A's (NYSE:SNAP) short percent of float has fallen 13.06% since its last report. The company recently reported that it has 48.62 million shares sold short, which is 4.46% of all regular shares that are available for trading.

Here's Why Citi Added Amazon To Focus List

Citi analyst Ronald Josey assumed coverage of Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and price target of $4,100, down from $4,115 (29.7% upside). Josey also added the shares to the firm's Focus List, given its lead eCommerce, Online Advertising, and Cloud and operational efficiencies at its new Fulfillment Centers, physical retail location closures, and…

Snap Shares Are Moving Higher: Here's Why

Snap Inc (NYSE: SNAP) shares are trading higher Tuesday following positive analyst coverage from Rosenblatt. Rosenblatt analyst Barton Crockett initiated coverage on Snap with a Buy rating and announced a $49 price target.

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