Options Activity in Snap (SNAP) Targets $18 as Potential Near-Term Floor -Susquehanna

Snap (SNAP) Sees Declining App Installs During Start of 2Q - Odeon Capital Group

Odeon Capital analyst Jahanara Nissar highlights declining year over year app install data for Snap (NYSE: SNAP) according to information from SensorTower, while Facebook's (NASDAQ: FB) Instagram experienced year over year growth during the same period.

April 2017 YoY... More

Stocks with call price movement; VIX SNAP

RT Options Scanner shows: CBOE Volatility Index (VIX) September 13 call option implied volatility increased 3% to 51, Snap (NYSE: SNAP) October 22 call option implied volatility decreased 3% to 51

Drexel Hamilton Reiterates Buy Rating and $30 PT on Snap (SNAP) Following 1Q Report; 'Excellent Buying Opportunity'

Drexel Hamilton reiterates Buy rating and $30 price target on Snap Inc (NYSE: SNAP) price target of $30.00, following the company's first quarter earnings report.

Analyst Brian White suggesting the company made progress resolving issues and operating more efficiently, while creating a unique user... More

Mutual funds lose, short-sellers win on Snap trades

By Angela Moon and Ross Kerber

NEW YORK/BOSTON (Reuters) - The dramatic fall in Snap Inc (NYSE: SNAP) shares on Thursday following the company's disappointing first quarterly earnings report as a public company was likely costly for a wide range of mutual funds, including Fidelity's giant Contrafund.

On the other side of the ledger, short-sellers racked up about $191 million in profits on their Snap investments, according to data compiled by the financial analytics firm S3 Partners.

Shares of Snap, parent company of the popular messaging app Snapchat, fell 21.5 percent on... More

Snap Inc (SNAP) PT Lowered to $23 at Deutsche Bank on 1Q Report; 'DAU Upside Ghosted... Results Fail to Inspire'

Deutsche Bank lowered its price target on Snap Inc (NYSE: SNAP) to $23.00 (from $30.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Lloyd Walmsley notes the company reported first quarter earnings per share and revenues below the Street's projections,... More

Snap (SNAP) call put ratio 1 call to 1.4 puts as shares pullback

Snap (NYSE: SNAP) May weekly 17.50 and 18 puts are active on total put volume of 89K puts (61K calls). May weekly put option implied volatility is at 95, May is at 61, June is at 51; compared to its 52-week range of 51 to 74.

Stocks with call price movement; MU SNAP

RT Options Scanner shows: Micron Technology (NASDAQ: MU) June 33 call option implied volatility increased 6% to 45, Snap (NYSE: SNAP) June 21 call option implied volatility decreased 28% to 50

Snap Inc (SNAP) PT Lowered to $19 at UBS

UBS lowered its price target on Snap Inc (NYSE: SNAP) to $19.00 (from $24.00) while maintaining a Neutral rating following disappointing Q1 results.

Analyst Eric Sheridan commented, "Over the short/medium term, we see the key three debates user growth/engagement, ad monetization &... More

What’s trading: M SNAP XOM SLB DLR

Whats trading: M SNAP XOM SLB DLR

Pre-Open Movers 05/11: (SGMO) (SYMX) (PEGA) Higher; (NH) (SNAP) (MNKD) Lower (more...)

Today's Pre-Open Stock Movers

Sangamo Therapeutics, Inc. (Nasdaq: SGMO) 39% HIGHER; Sangamo and Pfizer Inc. (NYSE: PFE) today announced an exclusive, global collaboration and license agreement for the development and commercialization of gene therapy programs for Hemophilia A, including SB-525, one of Sangamo's four lead product candidates, which Sangamo expects will enter the clinic this quarter.

Synthetic Biologics, Inc. (NYSE: SYN) 28.5% HIGHER; announced that the U.S. Food and Drug Administration (FDA) has granted a... More

Snap (SNAP): Buy On Weakness - Drexel Hamilton

Drexel Hamilton analyst, Brian White, reiterated his Buy rating on shares of Snap Inc (NYSE: SNAP) delivered a softer than expected 1Q:17 in the company's inaugural earnings report. The analyst pointed out that management had not offered guidance implying increased likelihood that... More

Snap Inc (SNAP) PT Lowered to $20 at JPMorgan

JPMorgan lowered its price target on Snap Inc (NYSE: SNAP) to $20.00 (from $24.00) while maintaining a Neutral rating.

Analyst Doug Anmuth says his thesis hasn't changed citing:

Snap (SNAP) Looks a Lot Like Twitter in the Early Going, but Results 'Not Thesis-Changing.. Way Too Early' - RBC

RBC Capital analyst Mark Mahaney weighed in on Snap Inc (NYSE: SNAP) following its first quarter as a public company and colcludes the company looks a lot like Twitter so far. "TWTR shares collapsed 24% on its first EPS print... So too did SNAP," he mentions. However, he strongly argues against Q1 results being... More

Wall Street slides as investors fret about retail

By Noel Randewich

(Reuters) - U.S. stocks fell on Thursday after worse-than-expected sales drops at Macy's and Kohl's sparked a selloff in shares of department stores and stirred fears that consumers are not spending enough to drive strong economic growth.

Macy's (NYSE: M) dismal quarterly performance sent its shares tumbling 17 percent, taking a toll on the consumer discretionary sector , which fell 0.59 percent.

Kohl's (NYSE: KSS) dropped 7.86 percent after it reported a drop in quarterly sales, while shares of Nordstrom (NYSE:... More

Snap (SNAP) volatility elevated into less than expected year-over-year growth rate

Snap (NYSE: SNAP) May weekly call option implied volatility is at 224, May is at 123, June is at 71; compared to its 52-week range of 51 to 74 into reported 166M daily users in Q1, up 8M from the previous period and up 44M from a year earlierits... More

UPDATE: Oppenheimer Upgrades Snap Inc (SNAP) to Outperform, Sees "2H Brand Spending Ramp"

(Updated - May 11, 2017 8:03 AM EDT)

(updated to add analyst comment)

Oppenheimer upgraded Snap Inc (NYSE: SNAP) from Perform to Outperform, price target $23.00.

Analyst Jason Helfstein comments "Search product has potential to be fundamentally transformative; adds a "real-time-update" vertical that we... More

Cantor Fitzgerald Upgrades Snap Inc (SNAP) to Neutral

Cantor Fitzgerald upgraded Snap Inc (NYSE: SNAP) from Underweight to Neutral with a price target of $17.00 (from $18.00).

Analyst Kip Paulson cites the after-hours pullback Wednesday for the upgrade. In a morning note to client Paulson comments that the company retains a... More

Snap Inc (SNAP) PT Lowered to $15 at Susquehanna; Facebook Making Life Difficult

Susquehanna lowered its price target on Snap Inc (NYSE: SNAP) to $15.00 (from $22.00) while maintaining a Neutral rating.

"... FB appears to be making life difficult out of the gate for monetization and user growth," analyst Shyam Patil said.

The firm is lowering 2017... More

Snap Inc (SNAP) Execution Is Key Says Morgan Stanley

Morgan Stanley maintains Overweight on Snap Inc (NYSE: SNAP) price target of $28.00.

Analyst Brian Nowak tells clients he is a buyer of the stock on weakness and expects execution to materialize in Q2 2017. He says little has changed on the... More

Snap Inc (SNAP) PT Lowered to $22 at Stifel

Stifel lowered its price target on Snap Inc (NYSE: SNAP) to $22.00 (from $24.00) while maintaining a Hold rating.

Goldman Sachs Maintains Buy On Snap Inc (SNAP)

Goldman Sachs maintains Buy on Snap Inc (NYSE: SNAP) price target of $27.00.

Analyst Heath Terry says that despite SNAP remaining a near venture stage investment he expects the audience and engagement will continue to be viewed as unique assets and will benefit from... More

Needham on Snap Inc (SNAP): "A Business Model Problem"

Needham & Company maintains Underperform on Snap Inc (NYSE: SNAP).

FY 2017 EPS estimate is for a loss of $0.74 and FY 2018 EPS estimate is for a loss of $0.28.

For an analyst ratings summary and ratings history on Snap Inc... More

UPDATE: Snap Inc (SNAP) PT Lowered to $21 at Cowen

(Updated - May 11, 2017 8:15 AM EDT)

(updated to add analyst comment)

Cowen lowered its price target on Snap Inc (NYSE: SNAP) to $21.00 (from $26.00) while maintaining a Outperform rating.

Analyst John Blackledge tells clients he expects DAUs to grow roughly 14 percent annually... More

Raymond James Comments On Snap Inc (SNAP): "Investors not Impressed by Puppy Filters"

Raymond James maintains Market Perform on Snap Inc (NYSE: SNAP).

Analyst Aaron Kessler expects the stock to remain range bound until the company is able to prove it can improve user growth and improve monetization.

FY 2017 GAAP EPS estimate... More

JMP Securities Says We Are "Sticking to Our Snapchat Story"

JMP Securities maintains Market Outperform on Snap Inc (NYSE: SNAP) price target of $28.00.

FY 2017 EPS estimate rises from a loss of $0.50 to a loss of $0.48 and FY 2018 EPS estimate rises from a loss of $0.34 to a loss of $0.31.

For an... More

Snap Inc. (SNAP) Maintained At Outperform - William Blair

William Blair maintains Outperform on Snap Inc (NYSE: SNAP)

Analyst Ralph Schackart remains uber bullish on the company as he calls growth in engagement "encouraging". He comments to clients that Snap's miss on daily average user estimates "should not materially change... More

Snap Inc (SNAP) PT Lowered to $14 at Instinet

Instinet lowered its price target on Snap Inc (NYSE: SNAP) to $14.00 (from $16.00) while maintaining a Reduce rating.

Analyst Anthony DiClemente says the company i snow facing fierce competition from the likes of Facebook (NASDAQ: FB) which... More

Snap Inc (SNAP) PT Lowered to $20 at Piper Jaffray

Piper Jaffray lowered its price target on Snap Inc (NYSE: SNAP) to $20.00 (from $23.00) while maintaining a Neutral rating.

Analyst Sam Kemp says the valuation is baking in "massive success" when it comes to scaling ad loads and says further that the valuation... More

Snap Inc (SNAP) PT Lowered to $18 at Barclays

Barclays lowered its price target on Snap Inc (NYSE: SNAP) to $18.00 (from $24.00) while maintaining a Equalweight rating.

Analyst Ross Sandler likes the backdrop for the company over the LT as his team becomes more interested in how the market is now starting to... More

Options expected to have increasing volume

Options expected to have increasing volume: SNAP WFM X M KSS TEVA

Stocks with Implied Volatility Movement

Snap (NYSE: SNAP) implied volatility has had increased movement

After-Hours Stock Movers 05/10: (SGMO) (RELY) (PEGA) Higher; (NH) (SNAP) (MNKD) Lower (more...)

Today's After-Hours Movers

Sangamo Therapeutics, Inc. (Nasdaq: SGMO) 39% HIGHER; Sangamo and Pfizer Inc. (NYSE: PFE) today announced an exclusive, global collaboration and license agreement for the development and commercialization of gene therapy programs for Hemophilia A, including SB-525, one of Sangamo's four lead product candidates, which Sangamo expects will enter the clinic this quarter.

NantHealth (NASDAQ: NH) 24% LOWER; reported Q1 EPS of ($0.24), $0.04 worse than the analyst estimate of ($0.20). Revenue for the quarter... More

Snap (SNAP) Misses Q1 EPS, Revs

Snap (NYSE: SNAP) reported Q1 EPS of ($2.31), which may not compare to the analyst estimate of ($0.19). Revenue for the quarter came in at $149.65 million versus the consensus estimate of $157.98 million.

Snap (SNAP) volatility elevated, call put ratio 1.22 calls to 1 put into Q1 EPS and outlook

Snap (NYSE: SNAP) May weekly call option implied volatility is at 224, May is at 123, June is at 71; compared to its 52-week range of 51 to 74 into the expected release of Q1 results today.

Snap (SNAP): Investor Expectations Edge Higher into Earnings, as Traders Look to Fade Any Move Higher Ahead of July 29th Lockup -Odeon

Odeon Capital analyst Jahanara notes Snap Inc. (NYSE: SNAP) faces elevated expectations from investors into the company's earnings announcement today after the close, suggesting higher DAU's and revenue figures are necessary, as traders look to fade SNAP ahead of the July 29th lockup period.

Put Buying Continues in Snap (SNAP) Ahead of Today's Earnings Announcement -Susquehanna

Susquehanna options strategists Alison Edwards notes continued put buying in Snap (NYSE: SNAP) ahead of the company's earnings announcement after the market close today, as investors bought ~6000 May12 20 Puts, as well as ~5000 May12 20.5 & 21 strike Puts, while opening investors also bought 7,000 May 20.5 Puts.

Snap (SNAP) call put ratio 1.2 calls to 1 put into Q1 EPS and outlook

Snap (NYSE: SNAP) May weekly call option implied volatility is at 212, May is at 113, June is at 69; compared to its 52-week range of 51 to 74 into the expected release of Q1 results today.

Stocks with increasing unusual option volume: EA SNAP TRIP YELP KAR NCLH NYRT PETS

Stocks with increasing unusual option volume: EA SNAP TRIP YELP KAR NCLH NYRT PETS

Snap's first earnings to shed light on battle with Facebook, Twitter

By Angela Moon and Saqib Iqbal Ahmed

NEW YORK (Reuters) - Snap Inc (NYSE: SNAP) has many similarities with archrivals Facebook Inc (NASDAQ: FB) and Twitter Inc (NYSE: TWTR), but shareholders are eager to avoid one in particular when the social media company reports earnings on Wednesday for the first time since its initial public offering: a plunging stock price.

Investors delivered a stern message of disappointment to Facebook and Twitter when they posted debut quarterly scorecards following their IPOs.... More

Wall Street mixed after Trump fires FBI head; Nasdaq hits record high

By Noel Randewich

(Reuters) - U.S. stocks were mixed on Wednesday as investors digested President Donald Trump's abrupt dismissal of his FBI chief as well as corporate earnings from Walt Disney and Nvidia.

The Dow Jones industrial average lost ground, while the Nasdaq closed at a record high.

Trump said he fired Federal Bureau of Investigation Director James Comey over his handling of an email scandal involving then-Democratic presidential nominee Hillary Clinton.

However, Comey had also been leading an investigation into whether Trump's 2016 presidential campaign colluded with Russia.

Wall Street viewed the... More

Snap (SNAP) option implied volatility increases into Q1 EPS

Snap (NYSE: SNAP) May weekly call option implied volatility is at 186, May is at 113, June is at 69; compared to its 52-week range of 51 to 74 into the expected release of Q1 results today.

Stocks with Implied Volatility Movement

Snap (NYSE: SNAP) implied volatility has had increased movement