Professional
Added to YB: 2024-10-23
Pitch date: 2024-10-23
SNAP [bullish]
Snap Inc.
-50.98%
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
$10.20
Price Target
17.00 (+240%)
Dividend
N/A
EV/EBITDA
-34.94
P/E
-17.41
EV/Sales
1.55
Sector
Interactive Media and Services
Category
growth
Snap (SNAP) Price Target Raised to $17 by JMP
SNAP: JMP upgrades to Outperform, $17 PT. Anticipated impression growth from Simple Snapchat & Sponsored Snaps. Improved DR products gaining traction. Valuation compelling at 15.5x 2026E EBITDA. PT reflects 25x 2026E EBITDA, premium to peers justified by product catalysts.
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