Snap upgraded by Morgan Stanley with a new price target
$SNAP
Computer Software: Programming Data Processing
Technology
Morgan Stanley upgraded Snap from Underweight to Equal-Weight and set a new price target of $16.00 from $12.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 | |
| 1/17/2024 | $12.00 → $17.00 | Neutral | Piper Sandler |
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
10-Q - Snap Inc (0001564408) (Filer)
8-K - Snap Inc (0001564408) (Filer)
8-K - Snap Inc (0001564408) (Filer)
SC 13G/A - Snap Inc (0001564408) (Subject)
SC 13G/A - Snap Inc (0001564408) (Subject)
SC 13G/A - Snap Inc (0001564408) (Subject)
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
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
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
4 - Snap Inc (0001564408) (Issuer)
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
https://www.theinformation.com/articles/how-snapchat-struggled-to-protect-teens-from-drug-dealing-sextortion
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Citigroup analyst Peter Christiansen upgraded the rating for Coinbase Global, Inc. (NASDAQ:COIN) from Neutral to Buy, while raising the price target from $260 to $345. Coinbase shares gained 2.9% to settle at $265.15 on Monday. See how other analysts view this stock. See how other analysts view this stock. Morgan Stanley analyst Brian Nowak upgraded Snap Inc. (NYSE:SNAP) from Underweight to Equal-Weight, while increasing the price target from $12 to $16. Snap shares rose 2.6% to close
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