Snap Inc
Snap Inc

Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application with functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures video from a human perspective; and advertising products, including AR and Sn...
Founded: 2011
IPO date: 2017-03-02
IPO price: $17.5
Full Time Employees: 6,446
CEO / Co-Founder: Evan Spiegel 
Sector: Communication Services
Industry: Internet Content & Information
Next Earnings Date: 2023-02-02
Stock price: $10.5 (-3.4%)
By: ghostbuster lazy guy   💬 5   
   on Nov 18, 2022

It’s fun. I use it with my kids all the time. Cool app. $snap

Snap plans to lay off 20 percent of employees
By: christopher lazy guy   💬 13   
   on Aug 31, 2022

Snap is planning to lay off approximately 20 percent of its more than 6,400 employees, according to people familiar with the matter.


Snapchat might be a good long term opportunity
By: bahnhopf Ich bin gut   💬 25   
   on Oct 30, 2021

You can play some cool AR games in Snapchat now. It's really cool. They also collaborate with brands to create experiences and they are working well and provide good long term revenue opportunities. $snap

Snap earnings is going to impact Facebook and other social networks
By: ssmlee04 Community Lead :))   💬 98   
   on Oct 23, 2021

Snap dropped almost 30% in after-hour trading on earnings day. According to them the privacy change thing in Apple hurts them in a way that they missed their revenue estimate and their next quarter revenue guidance. Even though their revenue is only missing by 3% the stock drops an 26.66% at close unexpectedly.

Since Facebook business model is also based on using your privacy and use it to generate ads revenue I can imagine it would also be hit hard in the coming earnings call. And that automatically implies that other social networks or ads services would perform in a similar way. If Facebook hadn't take that part of revenue impact into consideration and then that means 3% revenue miss might also give you a 30% drop. That is another 25% if you count Friday as day 1 of drop.

Everything dropped hard on Friday. Buckle up, this is gonna be a bumpy ride.

$fb $apps $app $twtr $snap $ttd $pins $mgni

By: jocelyn lazy guy   💬 13   
   on Apr 07, 2021

Snap broke out from a nester areas of resistance. The TA looks pretty good. Looks like a buy today. $snap

TikTok's Chinese owner offers to forego stake to clinch U.S. deal - sources
By: ssmlee04 Community Lead :))   💬 98   
   on Aug 01, 2020

latest news from Reuters. This seem like a good news for $MSFT and bad for $SNAP

By: notaroobieanymore lazy guy   💬 1   
   on Oct 11, 2019

Snap has dropped around 20% since September without any significant negative information disclosure. Looking at last quarter's performance,

  • EPS is beyond 0.03 than the expectation
  • Dau increases to 2.03B, comparing 1.88B at the same period
  • gross margin increases from 29% to 46% even though the PE is relatively higher than the that of competitors, its growth rate keeps at 105.85%, which I believe it deserves a 10x ~15x eps is well acceptable. If Snap is able to hit the expectation in Q3, it will achieve the 61% annual growth rate.