Snap Inc News and Headlines -

GuruFocus Articles Total 67
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Company's earnings, revenue beat analysts' projections

Shares of Snap Inc. (SNAP) soared more than 20% in after-hours trading on Tuesday following the release of strong third-quarter results.

The Santa Monica, California-based social media company posted adjusted earnings of 1 cent per share, which topped the loss of 5 cents per share Refinitiv analysts were anticipating. Revenue grew 59% from the prior-year quarter to $679 million, surpassing expectations of $555.9 million.


Snap's net loss fell to $200 million, which was down nearly 12% from the $227 million net loss it recorded last year.

The company, which is known for its popular

145 Views    Sydnee Gatewood    2020-10-21 16:07 makes the list

The GuruFocus All-in-One Screener can be used to find insider trades from a specific period of time or for a certain range of values. For these stock picks, I went under the Insiders tab and changed the settings for All Insider Buying to "$2,000,000+," the duration to "August 2020" and "September 2020" and All Insider Sales to "$2,000,000+."

According to these filters, the following were this past week's most significant trades from company insiders.

International Tower Hill Mines

Electrum Strategic Opportunities, 10% owner, bought 1.02 million shares of International Tower Hill Mines Ltd. (THM) for an average price

169 Views    Tiziano Frateschi    2020-09-08 14:41
2 CEOs see price change losses since their sales

From the GuruFocus Insider Trends, the top year-to-date CEO sells of 2020 include Antero Midstream Corp. (AM), Baja Custom Design Inc. (BJCD), CytoDyn Inc. (CYDY) and Snap Inc. (SNAP).

CEOs and insiders in general have access to the most information about the companies they work for. The activities of these insiders can serve as a good indicator of market highs and lows.

Antero Midstream

On May 5, CEO Paul Rady sold 18 million shares for an average price of $4.10 per share. Overall, the sale represented a 62.39% reduction in his holding. Since the sale, the shares have risen

420 Views    Graham Griffin    2020-06-16 21:44
We remain concerned with the growth strategy and competitive landscape despite our respect for the longtime success of the business and its founder

With a mission to “build connections,” Tencent Holdings Ltd. (HKSE:00700) is the world’s largest gaming company, China’s largest social media platform (mainly consisting of QQ and WeChat), one of the world’s largest internet companies and one of its largest investment companies. The company is truly a technology conglomerate, owning hundreds of products that span across various categories, including social networks (23% of third-quarter 2019 revenue), online games (29%), online advertising (19%), fintech and business services (28%) and others (1%).

Admittedly, Tencent is one of the most successful Chinese companies listed outside of the mainland, with a solid track record of

839 Views    Steven Chen    2020-02-07 20:05
Snaps tumbles on second-quarter results

U.S. stocks were in the green on Wednesday, with the Dow rising about 450 points. The Dow Jones Industrial Average gained 1.64% to 29,275, the S&P 500 index gained 1.05% to 3,332 and the Nasdaq Composite Index advanced 0.63% to 9,527.

Non-index stocks have also posted gains and losses recently. Shares of Snap Inc. (SNAP) plummeted more than 12% on Wednesday after the company announced fourth-quarter results. The company posted earnings of 3 cents per

31 Views    Omar Venerio    2020-02-05 20:22
Snap makes the list

According to the GuruFocus All-in-One Screener, a Premium feature, the following guru-owned stocks have outperformed the S&P 500 Index over the past 12 months as of Feb. 3.


FirstEnergy Corp. (FE) has a market cap of $27.55 billion. It has outperformed the S&P 500 by 12.54% over the past year.

Shares are trading with a price-earnings ratio of 23.95. According to the discounted cash flow calculator, the stock is overpriced by 102% at $51. As of Monday, the share price was 33.77% above the 52-week low and 0.18% below the 52-week high.

The American investor-owned utility company has

130 Views    Tiziano Frateschi    2020-02-03 20:19
Snap founder and CEO dumps 2.78 million shares

The GuruFocus All-in-One Screener can be used to find insider trades from a specific period of time or for a certain range of values. For these stock picks, I went under the Insiders tab and changed the settings for All Insider Buying to “$200,000+,” the duration to “January 2019” and All Insider Sales to “$200,000+.”

According to these filters, the following are this week's most significant trades from company insiders.

DPW Holdings

Ault & Company Inc. bought 660,667 shares of DPW Holdings Inc. (DPW) for an average price of $1.12 per share on Jan. 15.


178 Views    Tiziano Frateschi    2020-01-17 19:11
The market's hottest stocks this year have mostly been youngish companies with little, if any, profit history

The U.S. stock market’s hottest stocks this year have mostly been youngish companies with little, if any, profit history. Investors these days are talking conservatively, but investing speculatively.

Among the 535 U.S. stocks with a market value of $10 billion or more as of Nov. 1, five have returned more than 100% this year. The table below shows the market value and total return (price appreciation plus dividends) for those favored five.



Market value

Return this year through Nov. 1

Roku Inc.

206 Views    John Dorfman    2019-11-04 15:01
Snap announces 3rd-quarter results

U.S. stocks were in the green on Wednesday as several companies were reporting quarterly financial results. The Dow Jones Industrial Average gained 0.22% to 26,847, the S&P 500 Index rose 0.20% to 3,001 and the Nasdaq Composite Index increased 0.16% to 8,116.

Non-index stocks also moved on Wednesday. Shares of Snap Inc. (SNAP) fell almost 6% on Wednesday after the company announced third-quarter results on Tuesday. It posted a loss of 4 cents per share on $446.m

34 Views    Omar Venerio    2019-10-23 18:59
The co-working unicorn has faced unexpected skepticism and pushback from potential investors

The We Co.'s initial public offering roadshow has evidently gotten off to a disappointing start. A bloated valuation has been met with considerable skepticism, while fears about poor corporate governance have deepened in spite of the company’s recent efforts at damage control.

WeWork (as the company is most widely known) responded to this lukewarm initial reception with a steep cut to its target valuation. But even that may not be enough to salvage its teetering IPO.

About that valuation

WeWork initially hoped to go public with a valuation of $47 billion, the same valuation it received during

119 Views    John Engle    2019-09-06 18:16
Snap edges higher on strong earnings

The Dow Jones Industrial Average fell on Wednesday after Caterpillar (CAT) and Boeing (BA) missed expectations for the quarter. The health (up 12.6%), commercial (up 9.8%) and tech (up 6.8%) sectors posted the strongest gains. The Dow Jones slid 0.45% to 27,225, the S&P 500 Index gained 0.05% to 3,007 and the Nasdaq Composite Index rose 0.28% to 8,274.

Shares of Snap Inc. (SNAP) gained more than 16% after announcing second-quarter results. The company posted a loss of 6 cents per share on $3

50 Views    Omar Venerio    2019-07-24 19:29
The Californian social media improves profitability and cash flows

Shares of Snap Inc. (SNAP) jumped 2.5% to $12.29 in after-hours trading on Tuesday after beating consensus estimates on non-GAAP earnings for the first quarter of fiscal 2019 by 2 cents, posting a loss of 10 cents per share or a 44% rise from the prior-year quarter.

The GAAP loss also improved 24% to 23 cents per share.

Revenue grew 38.9% to $320.43 million, beating expectations by $14.15 million.

The Santa Monica, California-based social media company also reported improvements in the adjusted Ebitda loss by $94 million to $123 million, in the operating cash flow by $166 million to -$66

44 Views    Alberto Abaterusso    2019-04-24 15:48
Pinterest reduces its previous valuation following the Lyft IPO debacle

What a difference a week makes.

The sudden shift in investor sentiment from euphoria to skepticism following the botched Lyft Inc. (LYFT) initial public offering has caused both Uber and Pinterest to adjust their previous IPO pricing downward. Now, suddenly hardened “tech-hungry” investors must wonder how the company’s underwriters could have possibly valued the company at $24 billion. One wonders, are any of these now-skeptical investors the same ones who took a leap of faith with Lyft?


A contrast between the Lyft and planned Pinterest IPO is illuminating.

Here is one of the principal differences

70 Views    John Kinsellagh    2019-04-16 18:47
In light of increasing and intrusive oversight, regulatory risk not adequately priced in the stock

European regulators continue to spar with Facebook Inc. (FB) in a process of oversight that seeks to reign in one of the largest tech companies in the world. The first shot across the company’s bow occurred last June, when the European Commission implemented the provisions of the General Data Protection Regulation, aimed at protecting users' privacy rights. At the time, Facebook and other social media companies faced the specter of potentially large fines for noncompliance.

The latest EU provision will force Facebook to more fully, clearly and adequately disclose and in terms its users can understand, exactly how the company

24 Views    John Kinsellagh    2019-04-12 21:08
The money-losing ride-share startup is leaning on dubious metrics to sell its offering

Ride-sharing startup Lyft Inc. is gearing up for its initial public offering this week and investor enthusiasm is currently running high. The IPO is reportedly already oversubscribed, and there seems to have been little pushback thus far on its targeted valuation of $23 billion.

Yet, for all this excitement swirling around Lyft, prudent investors would be wise to think better of trying to get in on the action. Lyft is relying on highly questionable valuation metrics to sell its IPO, even as it continues to face persistent losses, as well as questionable growth prospects

209 Views    John Engle    2019-03-26 16:12
Questionable corporate governance has investors sweating about IPO risks

WeWork, or the We Company as it now wishes to be known as, is an extremely odd creature. Its principal business consists of providing coworking space for companies and individuals. That sounds mundane enough, yet WeWork claims the far grander (and grandiose) mission to “elevate the world’s consciousness.” What that means exactly is anyone’s guess. That could spell serious trouble for a money-losing company currently valued at a staggering $47 billion.

If anyone were to understand WeWork’s mission, it ought to be CEO Adam Neumann. Unfortunately, his leadership has left much to be desired.

205 Views    John Engle    2019-03-14 20:01
The social media company is just getting started

A recent episode of Joe Rogan’s podcast further illustrates that besides finally turning profitable, Twitter Inc. (TWTR), with over 330 million users, has solidified itself as one of the most important platforms on the internet, espeically in terms of public engagement. While its user base does lag some of its competitors, like Facebook (FB), Tumblr and TikTok, Twitter remains one of the most used real-time content distribution services, and perhaps the best regarded for political discourse and free speech. That makes it one of the most valuable assets, regardless of its current market capitalization.

When compared

48 Views    Jonathan Poland    2019-03-13 18:31
Ceding voting control in perpetuity to founders in tech startups could come back to haunt initially exuberant investors

Lyft, the principal competitor to ride-hailing company Uber, plans to go public this year. John Zimmer and Logan Green, the company's founders, intend to create prior to the offering a class of share that will give them close to total control, despite together holding less than a 10% financial stake in the company. Lyft joins a slew of tech companies, such as Alphabet (GOOGL), Facebook (FB) and Snap (SNAP), in which the founders own a controlling and disproportionate interest in the company through the issuance of super voting shares.

The pitfalls of such corporate governance arrangements are numerous and could

168 Views    John Kinsellagh    2019-02-13 21:39
The high-priced private company will face a harsher audience in the stock market

On Dec. 7, two days after its rideshare rival Lyft filed to go public, Uber Technologies Inc. followed suit. Despite raising $2 billion in a bond offering in October, an Uber initial public offering was always expected at some point. The accelerated timetable comes in the wake of broad selloffs in tech stocks - and growing pessimism across capital markets.

So far, it looks like one of the least appealing IPO buying opportunities in some time. Can the company and its underwriters convince the market that it deserves its valuation?

In this research

118 Views    John Engle    2018-12-12 19:52
Under $6 a share is a good price to speculate

Similar to Facebook (FB), where Mark Zuckerberg controls close to 60% of the votes, Snap Inc. (SNAP)'s co-founders, CEO Evan Spiegel and Chief Technology Officer Bobby Murphy, control close to 90% of the votes.

There's literally nothing that shareholders can do to get these guys out, and none of them should want to either. Evan is 28 years old. Bobby is 30. We're talking about a technology company that went public just last year. But fast forward 18 months, and the stock is down almost 80%. It's time to sound the alarm.


The latest drop

101 Views    Jonathan Poland    2018-10-30 18:16

Headlines Total 312
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2021-01-22 $ 53.57 (-1.53%)
2021-01-21 $ 54.4 (4.21%)
2021-01-20 $ 52.2 (3.59%)
2021-01-19 $ 50.39 (0.16%)
2021-01-08 $ 52.73 (0.55%)
2021-01-06 $ 49.82 (-0.97%)
2021-01-05 $ 50.31 (1.45%)
2021-01-04 $ 49.59 (-0.96%)
2020-12-31 $ 50.07 (1.46%)
2020-12-29 $ 51.23 (6.15%)
2020-12-24 $ 50.15 (-3.07%)
2020-12-23 $ 51.74 (-0.67%)
2020-12-22 $ 52.09 (-0.52%)
2020-12-18 $ 52.99 (-0.49%)
2020-12-17 $ 53.25 (3.1%)
2020-12-16 $ 51.65 (0.58%)
2020-12-14 $ 51.6 (-3.24%)
2020-12-11 $ 53.33 (0.34%)
2020-12-10 $ 53.15 (8.14%)
2020-12-09 $ 49.15 (-1.7%)
2020-11-30 $ 44.42 (-3.5%)
2020-11-27 $ 46.03 (1.03%)
2020-11-25 $ 45.56 (2.87%)
2020-11-24 $ 44.29 (-2.14%)
2020-11-19 $ 42.29 (4.09%)
2020-11-18 $ 40.63 (3.46%)
2020-11-13 $ 40.3 (4.78%)
2020-11-10 $ 38.54 (-6.23%)
2020-11-09 $ 41.1 (-9.43%)
2020-11-06 $ 45.38 (9.22%)
2020-11-02 $ 40.79 (3.55%)
2020-10-30 $ 39.39 (-6.7%)
2020-10-28 $ 42.86 (3.18%)
2020-10-26 $ 41.27 (-4.4%)
2020-10-24 $ 43.17 (10.78%)
Why Is Snap Stock Up? -
2020-10-23 $ 43.17 (10.78%)
2020-10-22 $ 38.97 (6.77%)
2020-10-21 $ 36.5 (28.3%)
2020-10-20 $ 28.45 (-0.73%)
2020-10-19 $ 28.66 (2.98%)
2020-10-16 $ 27.83 (-0.82%)
2020-10-15 $ 28.06 (2.71%)
2020-10-14 $ 27.32 (1.19%)
2020-10-13 $ 27 (0.15%)
2020-10-12 $ 26.96 (-0.15%)
2020-10-09 $ 27 (-0.18%)
2020-10-08 $ 27.05 (1.42%)
2020-10-07 $ 26.67 (-0.22%)
2020-10-05 $ 27.54 (3.38%)
2020-10-01 $ 26.78 (2.57%)
2020-09-30 $ 26.11 (0.46%)
2020-09-29 $ 25.99 (0.97%)
Total 312
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