Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application with functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures video from a human perspective; and advertising products, including AR and Snap ads. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
IPO Year: 2017
Exchange: NYSE
Website: snap.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/11/2025 | Buy → Neutral | Guggenheim | |
| 2/5/2025 | Overweight | Barclays | |
| 2/5/2025 | $15.00 → $11.00 | Overweight → Equal Weight | Wells Fargo |
| 10/23/2024 | $17.00 | Mkt Perform → Mkt Outperform | JMP Securities |
| 9/20/2024 | $11.00 | Neutral | B. Riley Securities |
| 9/5/2024 | $8.00 | Neutral | Cantor Fitzgerald |
| 8/2/2024 | Buy → Hold | HSBC Securities | |
| 7/23/2024 | $12.00 → $16.00 | Underweight → Equal-Weight | Morgan Stanley |
| 7/16/2024 | Peer Perform | Wolfe Research | |
| 4/26/2024 | Reduce → Buy | HSBC Securities |
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4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
8-K - Snap Inc (0001564408) (Filer)
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8-K - Snap Inc (0001564408) (Filer)
10-Q - Snap Inc (0001564408) (Filer)
8-K - Snap Inc (0001564408) (Filer)
8-K - Snap Inc (0001564408) (Filer)
10-Q - Snap Inc (0001564408) (Filer)
8-K - Snap Inc (0001564408) (Filer)
8-K - Snap Inc (0001564408) (Filer)
Snap Inc. (NYSE:SNAP) announced today the pricing of $1.5 billion aggregate principal amount of 6.875% senior notes due 2033, or the notes, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, or the Securities Act. The sale of the notes is expected to close on February 14, 2025, subject to customary closing conditions. The notes will be senior unsecured obligations of Snap and will be fully and unconditionally guaranteed in the future, jointly and severally, by each of Snap's domestic subsidiaries that guarantees certain of its other indebtedness, if any, subject to certain exceptions. The notes will bear interest at a rate of
Snap Inc. (NYSE:SNAP) announced today that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of senior notes due 2033, or the notes, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, or the Securities Act. The notes will be general and unsecured senior obligations of Snap and will be fully and unconditionally guaranteed in the future, jointly and severally, by each of Snap's domestic subsidiaries that guarantees certain of its other indebtedness, if any, subject to certain exceptions. Snap intends to use the net proceeds from the offering, together with cash on hand,
Snap Inc. (NYSE:SNAP) has filed its Annual Report on Form 10-K for the year ended December 31, 2024, with the Securities and Exchange Commission. The report, which includes Snap Inc.'s audited financial statements, is accessible at investor.snap.com. A printed copy of the report may be requested free of charge by any stockholder by requesting a copy in writing to: Corporate Secretary, Snap Inc., 3000 31st Street, Santa Monica, California, 90405 USA. The report is also available at www.sec.gov. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empo
Fourth quarter revenue increased 14% year-over-year to $1,557 million Daily Active Users increased 9% year-over-year to 453 million Fourth quarter net income of $9 million and Adjusted EBITDA of $276 million Fourth quarter operating cash flow of $231 million and Free Cash Flow of $182 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter and full year ended December 31, 2024. "In 2024 we made significant progress on our core priorities of growing our community and improving depth of engagement, driving top line revenue growth and diversifying our revenue sources, while building toward our long-term vision for augmented reality," said Evan Spiegel, CEO. "A
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss fourth quarter and full year 2024 financial results on Tuesday, February 4, 2025 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit s
Third quarter revenue increased 15% year-over-year to $1,373 million Daily Active Users increased 9% year-over-year to 443 million Net loss improved 58% year-over-year to $153 million Adjusted EBITDA improved 229% year-over-year to $132 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended September 30, 2024. "I'm proud of the team's progress this quarter, delivering strong community growth and deepening engagement while driving improved financial performance," said Evan Spiegel, CEO. "Our investments in AI and AR are powering new creative experiences for our community and driving innovation across our advertising platform, underpinning our long-term gro
Brands to Gain Enhanced Transparency and Control Over Their Snapchat Campaigns Across Placements LOS ANGELES, Oct. 29, 2024 /PRNewswire/ -- Zefr, a global leader in brand suitability and content measurement, today announced the launch of its new Brand Safety and Suitability Measurement solution for Snapchat. This new offering, developed in partnership with Snap Inc. (NYSE:SNAP), provides advertisers with increased transparency and control over their campaigns by leveraging Zefr's patented AI and machine learning technology. This marks the latest expansion of Zefr's industry-leading measurement capabilities, now extending to one of the most dynamic and popular social platforms.
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss third quarter 2024 financial results on Tuesday, October 29, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com. View sour
Snap Inc. (NYSE:SNAP) announced today that Jim Lanzone, Chief Executive Officer of Yahoo Inc., has been appointed to the company's board of directors, effective as of September 12, 2024. "We are excited to welcome Jim to our board of directors and benefit from his experience in technology and digital advertising," said Evan Spiegel, co-founder and Chief Executive Officer of Snap Inc. "We look forward to working with and learning from him as we continue to grow our business." "Jim's strong technology background will be a key asset for Snap," said Michael Lynton, Chairperson of the board of directors of Snap Inc. "We are glad to have him on the board and I look forward to beginning our work
Second quarter revenue increased 16% year-over-year to $1,237 million Daily Active Users increased 9% year-over-year to 432 million Net loss improved 34% year-over-year to $249 million Adjusted EBITDA improved 243% year-over-year to $55 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended June 30, 2024. "Our community grew to reach more than 850 million monthly active users in Q2, with more than 11 million Snapchat+ subscribers," said Evan Spiegel, CEO. "We continued to scale our advertising platform with active advertisers more than doubling year-over-year. We are looking forward to hosting our upcoming Snap Partner Summit on September 17th, where
Snap Inc. (NYSE:SNAP) announced today that Jim Lanzone, Chief Executive Officer of Yahoo Inc., has been appointed to the company's board of directors, effective as of September 12, 2024. "We are excited to welcome Jim to our board of directors and benefit from his experience in technology and digital advertising," said Evan Spiegel, co-founder and Chief Executive Officer of Snap Inc. "We look forward to working with and learning from him as we continue to grow our business." "Jim's strong technology background will be a key asset for Snap," said Michael Lynton, Chairperson of the board of directors of Snap Inc. "We are glad to have him on the board and I look forward to beginning our work
Jeremi Gorman and Roderick Randall Have Expertise in Content Monetization, Digital Media, Automotive Technology and Capital Allocation Board Expands to Seven Directors Xperi Inc. (NYSE:XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops and delivers technologies that enable extraordinary experiences, today announced the appointment of Jeremi A. Gorman and Roderick K. ("Rod") Randall to the Board of Directors (the "Board"), effective June 10, 2024. Following the appointment of Ms. Gorman and Mr. Randall, the Board consists of seven directors, six of whom are independent. "We welcome Jeremi and Rod, both accomplished leaders with domain expertise
For Immediate Release: June 07, 2024 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency: Today, the FDA announced that it has advised the manufacturers of the licensed and authorized COVID-19 vaccines that the COVID-19 vaccines (2024-2025 Formula) for use in the United States should be monovalent (single strain) JN.1 vaccines to more closely match cu
Snap Inc. (NYSE:SNAP) announced today that Patrick Spence, Chief Executive Officer and member of the board of directors of Sonos, Inc. (NASDAQ:SONO), has been appointed to the company's board of directors, effective as of September 14, 2023. "We are excited to welcome Patrick to Snap's board and we are grateful for the opportunity to benefit from his extensive experience building innovative products," said Evan Spiegel, co-founder and Chief Executive Officer of Snap Inc. "Patrick brings a wealth of experience and expertise to Snap," said Michael Lynton, Chairperson of the board of directors of Snap Inc. "We look forward to benefiting from his unique perspective and insights in the years
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Guggenheim downgraded Snap from Buy to Neutral
Barclays reiterated coverage of Snap with a rating of Overweight
Wells Fargo downgraded Snap from Overweight to Equal Weight and set a new price target of $11.00 from $15.00 previously
JMP Securities upgraded Snap from Mkt Perform to Mkt Outperform and set a new price target of $17.00
B. Riley Securities initiated coverage of Snap with a rating of Neutral and set a new price target of $11.00
Cantor Fitzgerald initiated coverage of Snap with a rating of Neutral and set a new price target of $8.00
HSBC Securities downgraded Snap from Buy to Hold
Morgan Stanley upgraded Snap from Underweight to Equal-Weight and set a new price target of $16.00 from $12.00 previously
Wolfe Research initiated coverage of Snap with a rating of Peer Perform
HSBC Securities upgraded Snap from Reduce to Buy
Fourth quarter revenue increased 14% year-over-year to $1,557 million Daily Active Users increased 9% year-over-year to 453 million Fourth quarter net income of $9 million and Adjusted EBITDA of $276 million Fourth quarter operating cash flow of $231 million and Free Cash Flow of $182 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter and full year ended December 31, 2024. "In 2024 we made significant progress on our core priorities of growing our community and improving depth of engagement, driving top line revenue growth and diversifying our revenue sources, while building toward our long-term vision for augmented reality," said Evan Spiegel, CEO. "A
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss fourth quarter and full year 2024 financial results on Tuesday, February 4, 2025 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit s
Third quarter revenue increased 15% year-over-year to $1,373 million Daily Active Users increased 9% year-over-year to 443 million Net loss improved 58% year-over-year to $153 million Adjusted EBITDA improved 229% year-over-year to $132 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended September 30, 2024. "I'm proud of the team's progress this quarter, delivering strong community growth and deepening engagement while driving improved financial performance," said Evan Spiegel, CEO. "Our investments in AI and AR are powering new creative experiences for our community and driving innovation across our advertising platform, underpinning our long-term gro
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss third quarter 2024 financial results on Tuesday, October 29, 2024 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com. View sour
Second quarter revenue increased 16% year-over-year to $1,237 million Daily Active Users increased 9% year-over-year to 432 million Net loss improved 34% year-over-year to $249 million Adjusted EBITDA improved 243% year-over-year to $55 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended June 30, 2024. "Our community grew to reach more than 850 million monthly active users in Q2, with more than 11 million Snapchat+ subscribers," said Evan Spiegel, CEO. "We continued to scale our advertising platform with active advertisers more than doubling year-over-year. We are looking forward to hosting our upcoming Snap Partner Summit on September 17th, where
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss second quarter 2024 financial results on Thursday, August 1, 2024 at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com. View
First quarter revenue increased 21% year-over-year to $1,195 million Daily Active Users increased 10% year-over-year to 422 million First quarter operating cash flow of $88 million and Free Cash Flow of $38 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended March 31, 2024. "The value we provide our community and advertising partners has translated into improved financial performance," said Evan Spiegel, CEO. "Our large, growing, and hard-to-reach community, brand-safe environment, and full-funnel advertising solutions have made us an increasingly important partner for businesses of all sizes." Q1 2024 Financial Summary Revenue was $1,195 milli
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss first quarter 2024 financial results on Thursday, April 25, 2024 at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit snap.com. View s
Daily Active Users increased 10% year-over-year to 414 million Fourth quarter revenue increased 5% year-over-year to $1,361 million Fourth quarter operating cash flow of $165 million and Free Cash Flow of $111 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter and full year ended December 31, 2023. "2023 was a pivotal year for Snap, as we transformed our advertising business and continued to expand our global community, reaching 414 million daily active users," said Evan Spiegel, CEO. "Snapchat enhances relationships with friends, family, and the world, and this unique value proposition has provided a strong foundation to build our business for long-term
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss fourth quarter and full year 2023 financial results on Tuesday, February 6, 2024 at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time). A live webcast and replay of the conference call will be accessible on Snap Inc.'s Investor Relations website for at least 90 days at: http://investor.snap.com. About Snap Inc. Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit s
For Immediate Release: June 07, 2024 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency: Today, the FDA announced that it has advised the manufacturers of the licensed and authorized COVID-19 vaccines that the COVID-19 vaccines (2024-2025 Formula) for use in the United States should be monovalent (single strain) JN.1 vaccines to more closely match cu
For Immediate Release: March 22, 2024 Today, the U.S. Food and Drug Administration is providing an at-a-glance summary of news from around the agency: Today, the FDA issued an emergency use authorization for Pemgarda (pemivibart) for the pre-exposure prophylaxis (prevention) of COVID-19 in certain adults and adolescents (12 years of age and older weighing at least 40 kilograms [about 88 pounds]). Pemgarda is
For Immediate Release: November 09, 2023 Today, the U.S. Food and Drug Administration approved Adzynma, the first recombinant (genetically engineered) protein product indicated for prophylactic (preventive) or on demand enzyme replacement therapy (ERT) in adult and pediatric patients with congenital thrombotic thrombocytopenic purpura (cTTP), a rare and life-threatening blood clotting disorder. “The FDA remains