StockNews.AI
SNAP
Benzinga
10 days

These Analysts Revise Their Forecasts On Snap After Q4 Results

1. Snap reported Q4 earnings of 16 cents, beating expectations. 2. Revenue of $1.55 billion surpassed analyst predictions and last year's figures. 3. Daily active users grew to 453 million, a 9% year-over-year increase. 4. Wells Fargo downgraded Snap's stock from Overweight to Equal-Weight. 5. B of A maintained a Neutral rating but raised their price target.

3 mins saved
Full Article

FAQ

Why Bullish?

SNAP's strong quarterly earnings and revenue growth may attract investor confidence. However, the downgrade from Wells Fargo could temper enthusiasm.

How important is it?

The article directly addresses Snap's earnings performance, which significantly impacts stock value.

Why Short Term?

Immediate market reactions to earnings results will likely occur shortly. The longer-term prospects depend on strategic growth in revenue and user engagement.

Related Companies

Related News