CORRECTION: Meta And Snap Shares Are Lower
$META
$SNAP
Computer Software: Programming Data Processing
Technology
Computer Software: Programming Data Processing
Technology
CORRECTION: Meta And Snap Shares Are Lower
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| Company | 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 | |
| 1/30/2025 | $820.00 | Hold → Buy | The Benchmark Company | |
| 1/23/2025 | $660.00 → $710.00 | Buy | BofA Securities | |
| 1/22/2025 | $730.00 → $720.00 | Overweight | Cantor Fitzgerald | |
| 1/6/2025 | $675.00 → $715.00 | Buy | Jefferies | |
| 1/3/2025 | $670.00 → $730.00 | Outperform | Wolfe Research |
MENLO PARK, Calif., Feb. 13, 2025 /PRNewswire/ -- The Meta Platforms, Inc. (NASDAQ:META) board of directors today declared the company's first quarter cash dividend, which represents a 5% increase compared to the prior dividend. The increase results in a dividend of $0.525 per share of the company's outstanding Class A common stock and Class B common stock, which is payable on March 26, 2025 to stockholders of record as of the close of business on March 14, 2025. About Meta Meta is building the future of human connection and the technology that makes it possible. When Facebook
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
MENLO PARK, Calif., Jan. 29, 2025 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ:META) today reported financial results for the quarter and full year ended December 31, 2024. "We continue to make good progress on AI, glasses, and the future of social media," said Mark Zuckerberg, Meta founder and CEO. "I'm excited to see these efforts scale further in 2025." Fourth Quarter and Full Year 2024 Financial Highlights Three Months Ended December 31, % Change Twelve Months Ended December 31, % Change In millions, except percentages and per share amounts
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
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USA News Group News Commentary Issued on behalf of Scope Technologies Corp. VANCOUVER, BC , Jan. 31, 2025 /PRNewswire/ -- USA News Group News Commentary – The market is witnessing another tech revolution so far in 2025, kicking off the Trump presidency with the massive $500-billion Stargate AI project, which sent the S&P 500 to a new high. In the past two weeks, the tech industry has witnessed significant advancements in both artificial intelligence (AI) and quantum computing, signaling a transformative era for various sectors. Notably, quantum computing stocks have captured investors' attention, competing with AI stocks. Despite a recent roller coaster in the stocks of quantum computing com
MENLO PARK, Calif., Jan. 6, 2025 /PRNewswire/ -- Meta today announced that Dana White, John Elkann and Charlie Songhurst have been elected to the company's board of directors. Mark Zuckerberg, Founder and CEO of Meta, said, "Dana, John and Charlie will add a depth of expertise and perspective that will help us tackle the massive opportunities ahead with AI, wearables and the future of human connection." "I've never been interested in joining a board of directors until I got the offer to join Meta's board. I am a huge believer that social media and AI are the future," said Dana
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
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SC 13G/A - Snap Inc (0001564408) (Subject)
SC 13G/A - Snap Inc (0001564408) (Subject)
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
MENLO PARK, Calif., Feb. 13, 2025 /PRNewswire/ -- The Meta Platforms, Inc. (NASDAQ:META) board of directors today declared the company's first quarter cash dividend, which represents a 5% increase compared to the prior dividend. The increase results in a dividend of $0.525 per share of the company's outstanding Class A common stock and Class B common stock, which is payable on March 26, 2025 to stockholders of record as of the close of business on March 14, 2025. About Meta Meta is building the future of human connection and the technology that makes it possible. When Facebook
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,