Snap Inc. Announces Third Quarter 2024 Financial Results
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October 30, 2024 6:34 AM EDT
Cantor Fitzgerald analyst Deepak Mathivanan raised the price target on Snap Inc (NYSE: SNAP) to $9.00 (from $8.00) while maintaining a Neutral rating.
The analyst comments "The Key Takeaway: SNAP reported 3Q24 revenues in-line and Adj. EBITDA beat the high-end of the prior... More
October 30, 2024 6:23 AM EDT
Truist Securities analyst Youssef Squali raised the price target on Snap Inc (NYSE: SNAP) to $14.00 (from $13.00) while maintaining a Hold rating.
The analyst comments "3Q24 results came in ahead of muted expectations while the 4Q guide was mixed reflecting good traction... More
October 30, 2024 6:21 AM EDT
JPMorgan analyst Doug Anmuth reiterated an Underweight rating and $11.00 price target on Snap Inc (NYSE: SNAP).
The analyst comments "Snap reported solid 3Q results with revenue in-line with guidance & Adj. EBITDA upside, while the 4Q outlook broadly matched investor expectations. We believe macro ad trends remain mostly stable, w/Brand... More
October 30, 2024 6:14 AM EDT
Goldman Sachs analyst Eric Sheridan raised the price target on Snap Inc (NYSE: SNAP) to $13.50 (from $12.00) while maintaining a Neutral rating.
The analyst comments "We recap SNAPs Q324 earnings report which reflected a few key themes: 1) Q3 revenues modestly above GSe/FactSet Street... More
October 30, 2024 6:08 AM EDT
BofA Securities analyst Naved Khan raised the price target on Snap Inc (NYSE: SNAP) to $14.00 (from $13.00) while maintaining a Neutral rating.
The analyst comments "3Q Rev/EBITDA at $1,373mn/$132mn was above Street at $1,358mn/$92mn. Ad revenue grew 9% y/y while... More
October 30, 2024 5:55 AM EDT
Evercore ISI analyst Mark Mahaney raised the price target on Snap Inc (NYSE: SNAP) to $15.00 (from $12.00) while maintaining a In Line rating.
The analyst comments "Our View: We reiterate our In-Line rating on SNAP but raise our estimates and our PT... More
