Snap shares jump after quarterly profit beats estimates
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Snap Inc (SNAP) PT Raised to $12 at Rosenblatt
February 5, 2025 7:03 AM ESTRosenblatt analyst Barton Crockett raised the price target on Snap Inc (NYSE: SNAP) to $12.00 (from $11.00) while maintaining a Neutral rating.
The analyst comments "Snap's 4Q24 was close to our projections. The guide was a little shy for us, OK for consensus. The company... More
Raymond James Reiterates Outperform Rating on Snap Inc (SNAP)
February 5, 2025 6:01 AM ESTRaymond James analyst Aaron Kessler reiterated an Outperform rating and $14.00 price target on Snap Inc (NYSE: SNAP).
The analyst comments "We remain Outperform on SNAP given some encouraging signs that AI/ML and ad stack advancements are contributing to direct response... More
UBS Reiterates Neutral Rating on Snap Inc (SNAP)
February 5, 2025 5:55 AM ESTUBS analyst Lloyd Walmsley reiterated a Neutral rating and $14.00 price target on Snap Inc (NYSE: SNAP).
The analyst comments "Snap reported a modest revenue and more significant Adjusted EBITDA beat in quarter. That said the main takeaway was the 14% growth in direct response (DR) dollars - despite a modest sequential deceleration, we... More
Snap Inc (SNAP) PT Raised to $14 at Truist Securities
February 5, 2025 5:49 AM ESTTruist Securities analyst Youssef Squali raised the price target on Snap Inc (NYSE: SNAP) to $14.00 (from $13.00) while maintaining a Hold rating.
The analyst comments "4Q24 Results came in line with muted Street expectations on the top line and above on the bottom line... More
Stifel Reiterates Hold Rating on Snap Inc (SNAP)
February 5, 2025 5:48 AM ESTStifel analyst Mark Kelley reiterated a Hold rating and $11.00 price target on Snap Inc (NYSE: SNAP).
The analyst comments "4Q results were solid (revs marginally ahead & margin beat), while 1Q rev guidance was mixed (revs ahead, EBITDA lower). We viewed commentary on recent... More
Barclays Reiterates Overweight Rating on Snap Inc (SNAP)
February 5, 2025 5:48 AM ESTBarclays analyst Ross Sandler reiterated an Overweight rating and $16.00 price target on Snap Inc (NYSE: SNAP)
The analyst comments "Positives in 4Q: Total revenue grew 14% y/y, driven by strong Direct Response (DR) advertising (+14% y/y) and Other Revenue (Snapchat+) more than... More
Wolfe Research Reiterates Peerperform Rating on Snap Inc (SNAP)
February 5, 2025 5:47 AM ESTWolfe Research analyst Shweta Khajuria reiterated a Peerperform rating on Snap Inc (NYSE: SNAP).
The analyst comments "Our Peer Perform rating is based on our view that decelerating topline growth with ongoing macro volatility, muted engagement trends, and ongoing infrastructure-related investments could lead to... More
Morgan Stanley Reiterates Equalweight Rating on Snap Inc (SNAP)
February 5, 2025 5:46 AM ESTMorgan Stanley analyst Brian Nowak reiterated an Equalweight rating and $10.00 price target on Snap Inc (NYSE: SNAP)
The analyst comments "Revenue was better than feared. But we look for more consistency before concluding SNAP will grow structurally faster. The pipeline of opportunities remains full but for now SNAP remains among the slower growing ad platforms we cover, remain EW. Impact on Thesis: 4Q... More
