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 |
Snap Inc. (NYSE:SNAP) announced today at the Augmented World Expo 2025 that it is launching lightweight, immersive Specs in 2026. Specs are an ultra-powerful wearable computer integrated into a lightweight pair of glasses, featuring see-through Lenses that enhance the physical world with digital experiences. Snap's all-new Specs are uniquely positioned to understand the world through advanced machine learning, bring AI assistance into three-dimensional space, enable shared games and experiences with friends, and provide a flexible and powerful workstation for browsing, streaming, and more. "We believe the time is right for a revolution in computing that naturally integrates our digital
First quarter revenue increased 14% year-over-year to $1,363 million Daily Active Users increased 9% year-over-year to 460 million Net loss improved 54% year-over-year to $140 million Adjusted EBITDA improved 137% year-over-year to $108 million Snap Inc. (NYSE:SNAP) today announced financial results for the quarter ended March 31, 2025. "We surpassed an important milestone in Q1, with our community growing to over 900 million monthly active users," said Evan Spiegel, CEO. "Quarterly revenue increased 14% year-over-year, driven by the progress we have made with our direct-response advertising solutions, continued momentum in driving performance for small and medium sized businesses, and
Snap Inc. (NYSE:SNAP) will hold its quarterly conference call to discuss first quarter 2025 financial results on Tuesday, April 29, 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 snap.com. View source
BOSTON, Feb. 27, 2025 /PRNewswire/ -- Later, a leader in influencer marketing and social media management software and services, today announces a partnership with Snap Inc. (NYSE:SNAP), that redefines creator partnerships and content publishing on Snapchat. The collaboration introduces two key capabilities through Snapchat's APIs: discovery of creator profiles within Later's influencer marketing platform, and automated content scheduling and posting through Later's social media management platform. Later is the first to integrate both Snapchat's Public Profile API (organic posting) and Creator Discovery API within the same platform.
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