JPMorgan on Snap (SNAP): 'not giving Q3 guidance which is the focus point of this print', 'directionally negative for the digital ad names'

Meta Platforms (META) Lets Creators Monetize Videos With Licensed Music

July 25, 2022 12:44 PM EDT

Meta Platforms (NASDAQ: META) said Monday that creators on Facebook can now monetize their content through videos that use licensed music.

Facebook is launching "Music Revenue Sharing," which allows creators to include licensed music in their videos, giving them and music rights holders a way to earn... More

Evercore ISI Sees Amazon (AMZN), Meta Platforms (META) EPS Risk

July 25, 2022 10:00 AM EDT

Evercore ISI analyst Mark Mahaney reiterated Outperform ratings on Amazon (NASDAQ: AMZN) and Meta Platforms (NASDAQ: META) in a note to investors Monday.

On Meta, who will report earnings on July 27, the analyst stated: "Several weeks ago, we lowered our estimates for Meta (by 7%/9% respectively for FY23 Gross Revenue and Op Income) in conjunction with our Large Cap Preview here, driven by our more cautious outlook on the current macro environment. We... More

Evercore ISI Comments on Twitter, Inc. (TWTR) Q2 2022 Results, 'intrinsically soft print'

July 22, 2022 11:08 AM EDT

Evercore ISI analyst Mark Mahaney reiterated an In Line rating and $54.20 price target on Twitter, Inc. (NYSE: TWTR).

The analyst comments "Overall, Twitters topline performance offered little surprises especially on the heels of Snaps earnings. On a reported basis, Twitters Ad Revenue grew 2% Y/Y in Q2,... More

Citi Comments on Twitter, Inc. (TWTR) Q2 2022 Results

July 22, 2022 11:04 AM EDT

Citi analyst Ronald Josey reiterated a Neutral rating and $36.00 price target on Twitter, Inc. (NYSE: TWTR).

The analyst comments "Not surprisingly, Twitters 2Q22 results were impacted by advertising headwinds associated with a weakening macro-economic environment as well as uncertainty associated with its... More

Snap Inc (SNAP) PT Lowered to $12 at Guggenheim

July 22, 2022 8:11 AM EDT

Guggenheim analyst Michael Morris lowered the price target on Snap Inc (NYSE: SNAP) to $12.00 (from $18.00) while maintaining a Neutral rating.

The analyst commented, " On June 22 we lowered our 2Q22 SNAP ad revenue growth forecast to 10% based on our analysis of third-party ad portal... More

Snap Inc (SNAP) PT Lowered to $10 at Cowen

July 22, 2022 8:09 AM EDT

Cowen analyst John Blackledge lowered the price target on Snap Inc (NYSE: SNAP) to $10.00 (from $17.00) while maintaining a Market Perform rating.

The analyst commented, "SNAP's 2Q topline growth of +13% y/y was 3% below cons, while EBITDA was down... More

Meta Platforms (META), Other Peers Trade Lower in Sympathy with Snap (SNAP)

July 21, 2022 4:14 PM EDT

(Updated - July 21, 2022 4:57 PM EDT)

Meta Platforms (NASDAQ: META) Trades Lower in Sympathy with Snap (NYSE: SNAP)

META -6%SNAP -20% Following ResultsAlphabet (NASDAQ: GOOGL) -3%Twitter (NYSE: TWTR) -1.7%Pinterest (NYSE: PINS) -7%... More

Snap (SNAP) Tops Q2 EPS by 18c, Revenue Misses, Doesn't Provide Guidance

July 21, 2022 4:11 PM EDT

Snap (NYSE: SNAP) reported Q2 EPS of ($0.02), $0.18 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.15 billion.

DAUs were 347 million in Q2 2022, an increase of 54 million, or 18%, year-over-year.

Financial... More

Snap (SNAP) option IV increases on more calls than puts into quarter results and outlook

July 21, 2022 3:07 PM EDT

Snap (NYSE: SNAP) July weekly call option implied volatility is at 420, August is at 109; compared to its 52-week range of 43 to 128 into the expected release of quarter results today after the bell. Call put ratio 1.8 calls to 1 put.

... More

Snap (SNAP) weekly option IV increases into quarter results and outlook

July 21, 2022 10:19 AM EDT

Snap (NYSE: SNAP) July weekly call option implied volatility is at 380, August is at 108; compared to its 52-week range of 43 to 128 into the expected release of quarter results today after the bell. Call put ratio 1.4 calls to 1 put.

... More

Snap Inc (SNAP) PT Lowered to $25 at Deutsche Bank

July 21, 2022 7:56 AM EDT

Deutsche Bank analyst Benjamin Black lowered the price target on Snap Inc (NYSE: SNAP) to $25.00 (from $30.00) while maintaining a Buy rating.... More

Snap Inc (SNAP) PT Lowered to $25 at KeyBanc

July 21, 2022 6:52 AM EDT

KeyBanc analyst Justin Patterson lowered the price target on Snap Inc (NYSE: SNAP) to $25.00 (from $27.00) while maintaining a Overweight rating.... More

Snap (SNAP) July weekly 15.50 straddle priced for a move of 19% into quarter results

July 21, 2022 5:50 AM EDT

Snap (NYSE: SNAP) July weekly 15.50 straddle priced for a move of 19% into the expected release of quarter results today after the bell.

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Snap (SNAP) call put ratio 2.8 calls to 1 put as shares rally into quarter results and outlook

July 20, 2022 10:28 AM EDT

Snap (NYSE: SNAP) July weekly call option implied volatility is at 300, August is at 107; compared to its 52-week range of 43 to 128 into the expected release of quarter results after the bell on July 21. Call put ratio 2.8 calls to 1 put.

... More

Snap (SNAP) Climbs 6.7%

July 20, 2022 9:47 AM EDT

Snap (NYSE: SNAP) Climbs 6.7%

... More

Popular stocks with increasing volume: SNAP COIN INTC RIOT DIS PLTR RBLX NIO SQ

July 20, 2022 9:47 AM EDT

Popular stocks with increasing volume: SNAP COIN INTC RIOT DIS PLTR RBLX NIO SQ

... More

Snap Inc (SNAP) PT Lowered to $25 at Jefferies

July 19, 2022 5:10 AM EDT

Jefferies analyst Brent Thill lowered the price target on Snap Inc (NYSE: SNAP) to $25.00 (from $30.00) while maintaining a Buy rating.... More