Snap Inc. Announces Second Quarter 2021 Financial Results

Go back to Snap Inc. Announces Second Quarter 2021 Financial Results

Snap Inc (SNAP) PT Raised to $88 at Oppenheimer

July 23, 2021 9:43 AM EDT

Oppenheimer analyst Jason Helfstein raised the price target on Snap Inc (NYSE: SNAP) to $88.00 (from $82.00) while maintaining an Outperform rating.

The analyst commented, "Increasing target to $88 (was $82) as 2Q21 results reflected continued improvements in platform monetization, with average eCPMs +122% y/y, driving... More

Snap Inc (SNAP) PT Raised to $95 at Stifel

July 23, 2021 7:18 AM EDT

Stifel analyst John Egbert raised the price target on Snap Inc (NYSE: SNAP) to $95.00 (from $84.00) while maintaining a Buy rating.

The analyst commented, "Snap topped Street 2Q:21 revenue forecasts by over 16% and comfortably beat expectations across DAU and all other key metrics amid broad-based... More

Snap Inc (SNAP) PT Raised to $76 at Susquehanna

July 23, 2021 6:15 AM EDT

Susquehanna analyst Shyam Patil raised the price target on Snap Inc (NYSE: SNAP) to $76.00 (from $62.00) while maintaining a Neutral rating.

The analyst commented, "SNAP posted a stellar 2Q, with the key long-term opportunities like Spotlight and AR progressing nicely and seeing solid... More

Snap (SNAP) Tops Q2 EPS by 11c, Q3 Revenue Guidance Beats

July 22, 2021 4:12 PM EDT

Snap (NYSE: SNAP) reported Q2 EPS of $0.10, $0.11 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $982.1 million versus the consensus estimate of $844.98 million.

Average monetizable daily active users (mDAU) were 206 million for Q2, compared to 186 million... More