Professional
Added to YB: 2025-07-03
Pitch date: 2025-07-01
SNAP [bullish]
Snap Inc.
-46.64%
current return
Author Info
No bio for this author
Company Info
Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and snaps.
Market Cap
$8.0B
Pitch Price
$9.37
Price Target
11.00 (+120%)
Dividend
N/A
EV/EBITDA
-34.94
P/E
-17.41
EV/Sales
1.55
Sector
Interactive Media and Services
Category
growth
Wells Fargo Raises $SNAP PT to $11
SNAP: Wells Fargo raises PT to $11 (from $8) - EW. 2Q rev growth forecast up to +13% (vs consensus +8%) on stabilizing ad environment. Expect $76M EBITDA (>consensus $40M). 3Q guide likely $1.54-1.58B (+12-15% YoY) w/ $140-170M EBITDA. Sponsored Snaps could add $400M by 2027. UCAN DAUs -4% YoY but int'l stable at +8%.
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