Snap Q3 results beat estimates; announced $500M share buyback program
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Snap Inc (SNAP) PT Raised to $9 at Cantor Fitzgerald
October 30, 2024 6:34 AM EDTCantor 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
Snap Inc (SNAP) PT Raised to $14 at Truist Securities
October 30, 2024 6:23 AM EDTTruist 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
JPMorgan Reiterates Underweight Rating on Snap Inc (SNAP)
October 30, 2024 6:21 AM EDTJPMorgan 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
Snap Inc (SNAP) PT Raised to $13.50 at Goldman Sachs
October 30, 2024 6:14 AM EDTGoldman 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
Snap Inc (SNAP) PT Raised to $14 at BofA Securities
October 30, 2024 6:08 AM EDTBofA 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
Snap Inc (SNAP) PT Raised to $15 at Evercore ISI
October 30, 2024 5:55 AM EDTEvercore 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
