Snapchat: Time To Upgrade In Spite Of Stark Underperformance

Oct 10, 2024 · In spite of the competitive headwinds, that would still be too conservative of a valuation given the double-digit top-line growth rates and modest leverage profile.

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Behind Snapchat's 'Remarkable' Turnaround And 23% Stock Spike ...

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Jul 23, 2021 · Things are different today, with Snapchat reporting an unexpected Q2 profit of $0.10 per share, compared to the 9 cent loss per share the company reported during the same …

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FAQs about Snapchat: Time To Upgrade In Spite Of Stark Underperformance Coupon?

Is Snapchat underperforming on growth & profitability metrics?

Snapchat has underperformed its peers on both growth and profitability metrics. I analyze the company's balance sheet and explain the nuances relative to peers. The stock valuation offsets the numerous issues due to the deeply discounted multiple. I am upgrading the stock after the substantial underperformance. ...

Is snap focusing on augmented reality?

Sept 3 (Reuters) - Snap (SNAP.N) will concentrate on expanding and diversifying its underperforming advertising business with a focus on augmented reality, CEO Evan Spiegel informed employees in a note on Tuesday. ...

Why did Snapchat (Snap) crash?

Learn More » Snapchat ( NYSE: SNAP) crashed after its last earnings report and I immediately came to its defense due to the overly pessimistic valuation. I did not anticipate the stock to recover so quickly - to the tune of 50% in less than a quarter’s time. ...

Does Snap (Snap) have a strong Q2 forecast?

Snap (SNAP) will continue to invest in its machine learning engineering team and infrastructure and will focus on key product offerings like dynamic product ads, app objectives, target cost bidding, and value optimization. Snap (SNAP) provided a weak current quarter forecast in its Q2 report, attributing it to a decline in advertising spend. ...

Is Snapchat stock overvalued?

Snapchat has finally joined the tech rally. But the same competitive and macro headwinds pressuring the stock have not disappeared. The stock is not egregiously overvalued, but near-term catalysts are limited. I am downgrading the stock due to the poor performance relative to Meta Platforms. Looking for a portfolio of ideas like this one? ...

What is snap focusing on?

Snap (NYSE: SNAP) will focus on growing its advertising business and augmented reality offerings, CEO Evan Spiegel told employees in a note on Tuesday. ...