Snap Inc (SNAP) PT Lowered to $12 at UBS Following 2Q Miss
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Snap Inc (SNAP) PT Lowered to $15 at Cantor Fitzgerald Following 2Q
August 14, 2017 7:47 AM EDTCantor Fitzgerald lowered its price target on Snap Inc (NYSE: SNAP) to $15.00 (from $17.00) while maintaining a Neutral rating following the company's 2Q release. Both DAUs and ARPU came in below consensus expectations, causing revenue and EBITDA to miss by 2.4%/5.3% respectively. Cantor updated 2017 EPS estimates to $(2.60) from $(2.20), and... More
Drexel Hamilton Reiterates Buy Rating & $30 PT on Snap Inc. (SNAP): 'We Are Raising Estimates... We Would be Aggressive Buyers on Weakness'
August 11, 2017 11:11 AM EDTDrexel Hamilton reiterates Buy rating and $30 price target on Snap Inc (NYSE: SNAP), following the company's second quarter earnings report.
Analyst Brian White comments,
Snap continues to grow at a rapid pace, introduce new innovations and roll-out compelling content; however, the... More
Snap Inc (SNAP) PT Lowered to $17 at BofA/Merrill Lynch
August 11, 2017 8:20 AM EDTBofA/Merrill Lynch lowered its price target on Snap Inc (NYSE: SNAP) to $17.00 (from $20.00) while maintaining a Neutral rating.
... MoreDrexel Hamilton Reiterates Buy Rating & $30 PT on Snap (SNAP) Following 'Good Enough' 2Q Report; 'Our Estimates and Price Target are Under Review'
August 11, 2017 7:46 AM EDTDrexel Hamilton reiterates Buy rating and $30 price target on Snap Inc (NYSE: SNAP), following the company's second quarter earnings report.
Analyst Brian White notes the company delivered sales results that surpassed White's projections, despite falling short of consensus EPS and sales projections,... More
Monness, Crespi, Hardt Downgrades Snap Inc (SNAP) to Neutral
August 11, 2017 7:45 AM EDTMonness, Crespi, Hardt downgraded Snap Inc (NYSE: SNAP) from Buy to Neutral.
Analyst James Cakmak... More
Wall Street rises on Fed bets but North Korea mutes gains
August 11, 2017 7:29 AM EDTBy Sinead Carew
(Reuters) - The three major U.S. stocks indexes ended higher on Friday, snapping three days of losses, as investors bet on slower U.S. rate hikes, but gains were muted by increasingly aggressive exchanges between the United States and North Korea.
Weaker-than-expected July consumer price data led investors to bet that benign inflation would keep the U.S. Federal Reserve from raising rates again this year.
While this gave investors some hope after a jittery week, there were still signs of nervousness in choppy late afternoon trading, primarily due to ongoing threats... More
Snap Inc (SNAP) PT Lowered to $16 at Jefferies; Patient Investors Should Look Through the Noise
August 11, 2017 7:12 AM EDTJefferies analyst Brian Fitzgerald lowered his price target on Snap Inc (NYSE: SNAP) to $16.00 (from $30.00) while maintaining a Buy rating after its second straight miss.
While near-term issues weigh on the stock, Fitzgerald believes patient investors should look through the noise at the long term opportunity.
... MoreSnap Inc (SNAP) PT Lowered to $12.50 at Piper Jaffray
August 11, 2017 6:59 AM EDTPiper Jaffray lowered its price target on Snap Inc (NYSE: SNAP) to $12.50 (from $16.50) while maintaining a Neutral rating.
Analyst Sam kemp remains skeptical of the company's longevity citing lack of meaningful innovation as competitive pressures rise. The analyst sees potential for NT upside... More
Snap Inc (SNAP) PT Lowered to $23 at Goldman Sachs
August 11, 2017 6:36 AM EDTGoldman Sachs lowered its price target on Snap Inc (NYSE: SNAP) to $23.00 (from $27.00) while maintaining a Buy rating.
Analyst Heath Terry still believes the company's audience and engagement levels represent a unique asset that ought to benefit from growth and diversification of... More
Snap (SNAP): Cutting PT 35% - RBC
August 11, 2017 6:20 AM EDTRBC Capital analyst, Mark Mahaney, reiterated his Outperform rating on shares of Snap Inc (NYSE: SNAP) and cut his price target to $20 from $31 after Q2 Revenue, EBITDA, and DAUs fell short of Street expectations.
The analyst stated "while results are weaker than... More
Snap Inc (SNAP) PT Lowered to $10 at Susquehanna
August 11, 2017 6:18 AM EDTSusquehanna lowered its price target on Snap Inc (NYSE: SNAP) to $10.00 (from $12.00) while maintaining a Neutral rating following the second straight miss.
Analyst Shyam Patil notes Facebook is making it hard for SNAP. The quarter exhibited further monetization and user growth issues, and... More
Snap Inc (SNAP) PT Lowered to $18 at Stifel, Remains Bullish, Negatively Revises EPS Estimates
August 11, 2017 5:40 AM EDTStifel lowered its price target on Snap Inc (NYSE: SNAP) to $18.00 (from $22.00) while maintaining a Buy rating.
Analyst Scott Devitt believes the culprit for the company's light Q2 revenue was its ad buying mix shifting significantly to the recently launched API/self-service... More
Snap Inc (SNAP) PT Lowered to $15 at Canaccord Genuity
August 11, 2017 5:35 AM EDTCanaccord Genuity lowered its price target on Snap Inc (NYSE: SNAP) to $15.00 (from $22.00) while maintaining a Hold rating.
Analyst Michael Graham anticipates the company will go through some further growing pains but believes that sometime in 2018 the company should set... More
Snap Inc (SNAP) PT Lowered to $13 at Citi
August 11, 2017 5:33 AM EDTCiti lowered its price target on Snap Inc (NYSE: SNAP) to $13.00 (from $19.00) while maintaining a Neutral rating.
... MoreSnap Inc (SNAP) PT Lowered to $13 at Barclays, Negative FY 2017/2018 EPS Revisions
August 11, 2017 5:32 AM EDTBarclays lowered its price target on Snap Inc (NYSE: SNAP) to $13.00 (from $18.00) while maintaining a Equalweight rating.
Analyst Ross Sandler says trends are improving but not fast enough. The analyst believes the company is making the right choices by reducing price to... More
Snap Inc (SNAP) PT Lowered to $8 at Summit Redstone
August 11, 2017 5:28 AM EDTSummit Redstone lowered its price target on Snap Inc (NYSE: SNAP) to $8.00 (from $10.00) while maintaining a Sell rating.
Analyst Jon Kees believes the company will likely become a niche tool for advertisers seeking under 25 year olds and therefore should continue to see as... More
Stocks with Implied Volatility Movement
August 11, 2017 4:30 AM EDTSnap (NYSE: SNAP) implied volatility index movement increasing vs. 30D HV
... MoreSnap (SNAP) CEO Evan Spiegel and CTO Bobby Murphy promise to not sell their shares this year
August 10, 2017 5:43 PM EDTOn the call, Snap (NYSE: SNAP) CEO Evan Spiegel and CTO Bobby Murphy promise to not sell their shares this year
... MoreAfter-Hours Stock Movers 08/10: (AMRS) (TTD) (CHW) Higher; (SNAP) (NVDA) (TXMD) Lower (more...)
August 10, 2017 5:39 PM EDTToday's After-Hours Movers
Snap (NYSE: SNAP) 13.9% LOWER; reported Q2 EPS of ($0.16), $0.01 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $181.67 million versus the consensus estimate of $186.22 million. Daily active users (DAU)(1) DAUs grew from 143 million in Q2 2016 to 173 million in Q2 2017, an increase of 30.5 million or 21% year-over-year. DAUs increased 7.3 million or 4% quarter-over-quarter, from 166 million in Q1 2017. (*** consensus was 175 million DAUs)
Amyris (NASDAQ: AMRS) 11.5% HIGHER; reported Q2 EPS of ($0.46), $0.60 better than the analyst estimate of... More
Snap (SNAP) Misses Q2 EPS by 1c, Sales Light
August 10, 2017 4:11 PM EDTSnap (NYSE: SNAP) reported Q2 EPS of ($0.16), $0.01 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $181.67 million versus the consensus estimate of $186.22 million.
Daily active users (DAU)(1) DAUs grew from 143 million in Q2 2016 to 173 million in Q2 2017, an increase of 30.5 million... MoreSnap (SNAP) call put ratio 1.7 calls to 1 put into Q2
August 10, 2017 2:44 PM EDTSnap (NYSE: SNAP) call put ratio 1.7 calls to 1 put into Q2
... MoreSnap (SNAP) options implied volatility elevated into Q2 EPS report
August 10, 2017 2:43 PM EDTSnap (NYSE: SNAP) August weekly call option implied volatility is at 370, August is at 158; compared to its 52-week range of 47 to 91 into the expected release of Q2 results today.
... MoreSnap (SNAP) 30-day call option implied volatility of89 compares to volatility of 56 from a month ago
August 10, 2017 12:31 PM EDTSnap (NYSE: SNAP) 30-day call option implied volatility of89 compares to volatility of 56 from a month ago into the expected release of EPS
Snap (SNAP) options implied volatility spikes into Q2 EPS report
August 10, 2017 12:08 PM EDTSnap (NYSE: SNAP) August weekly call option implied volatility is at 341, August is at 191; compared to its 52-week range of 47 to 91 into the expected release of Q2 results today.
... MoreOptions with increasing volume: SNAP JCP MU C VRX MSFT JPM XOM X
August 10, 2017 11:49 AM EDTOptions with increasing volume: SNAP JCP MU C VRX MSFT JPM XOM X
... MoreCiti Prefers Snap (SNAP) Over Twitter (TWTR)
August 10, 2017 7:44 AM EDTAnalyst Mark May lists five reasons why he prefers Snap (NYSE: SNAP) over Twitter (NYSE: TWTR):
SNAPs active user base in the U.S. (by far the most valuable audience segment) is more than 2x larger... MoreSnap (SNAP) August options implied volatility elevated into Q2 EPS report
August 10, 2017 5:22 AM EDTSnap (NYSE: SNAP) August weekly call option implied volatility is at 247, August is at 139; compared to its 52-week range of 47 to 91 into the expected release of Q2 results today.
... MoreStocks with Implied Volatility Movement
August 10, 2017 4:34 AM EDTSnap (NYSE: SNAP) implied volatility index movement increasing vs. 30D HV
... MoreSnap shares up ahead of results; options traders eye steep stock swing
August 9, 2017 4:37 PM EDTBy Noel Randewich and Saqib Iqbal Ahmed
SAN FRANCISCO/NEW YORK (Reuters) - Shares of Snap Inc (NYSE: SNAP) rallied on Wednesday as options traders buckled in for the social media company's quarterly results and after an analyst said the beaten-down stock was "getting interesting."
Shares of Snap, owner of the popular messaging app Snapchat, have been punished by investor concerns about user growth and waning confidence in the company's ability to ever turn a profit. The shares are down 50 percent from the record high reached shortly after Snap's market debut in early... More
Snap (SNAP) August weekly 13.50 straddle priced for movement of 14% into Q2
August 9, 2017 2:37 PM EDTSnap (NYSE: SNAP) August weekly13.50 straddle priced for movement of 14% into Q2
... MoreSnap (SNAP) options prices bid up into Q2 EPS report
August 9, 2017 2:34 PM EDTSnap (NYSE: SNAP) August weekly call option implied volatility is at 245, August is at 143; compared to its 52-week range of 47 to 89 into the expected release of Q2 results on August 10.
... MoreSnap (SNAP) call put ratio 1.15 calls to 1 put into Q2 EPS report
August 9, 2017 2:32 PM EDTSnap (NYSE: SNAP) call put ratio 1.15 calls to 1 put into Q2 EPS report
... More'Speculatively Bullish' Options Activity in Snap (SNAP) Targets Upside in Shares Into October -Susquehanna
August 9, 2017 2:09 PM EDTSusquehanna options strategist Alison Edwards notes speculatively bullish call buying in Snap (NYSE: SNAP), as an investor purchased 4,300 Oct 15 Calls for $1.
Snap (SNAP) Short Borrow Rate Craters to 2%
August 9, 2017 11:52 AM EDTFees to borrow Snap (NYSE: SNAP) shares short have "cratered", according to S3 Partners.
"From trading at 64% fee on August 1st, stock borrow costs were down to 4.5% yesterday and 2.00% today," S3's Ihor Dusaniwsky said.
This is related to new... More
Snap (SNAP) call put ratio 1.3 calls to 1 put into Q2 EPS report
August 9, 2017 6:00 AM EDTSnap (NYSE: SNAP) August weekly call option implied volatility is at 204, August is at 133; compared to its 52-week range of 47 to 89 into the expected release of Q2 results on August 10.
... MoreStocks with Implied Volatility Movement
August 9, 2017 4:29 AM EDTSnap (NYSE: SNAP) implied volatility index movement increasing vs. 30D HV
... More