Snap Inc. Announces First Quarter 2021 Financial Results

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Snap Inc (SNAP) PT Raised to $62 at Susquehanna

April 23, 2021 6:33 AM EDT

Susquehanna analyst Shyam Patil raised the price target on Snap Inc (NYSE: SNAP) to $62.00 (from $58.00) while maintaining a Neutral rating.

The analyst commented, "SNAP posted another strong quarter in 1Q, with the key long-term opportunities like Spotlight and AR also progressing... More

Snap (SNAP) Tops Q1 EPS by 5c, DAUs were 280 million, Offers Guidance

April 22, 2021 4:11 PM EDT

Snap (NYSE: SNAP) reported Q1 EPS of $0.00, $0.05 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $770 million versus the consensus estimate of $743.01 million.

DAUs were 280 million in Q1 2021, an increase of 51 million, or 22%,... More