Professional
Added to YB: 2024-07-30
Pitch date: 2024-06-30
SNAP [bullish]
Snap Inc.
-55.51%
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 images.
Market Cap
$14.1B
Pitch Price
$16.43
Price Target
N/A
Dividend
N/A
EV/EBITDA
-43.87
P/E
-27.89
EV/Sales
2.65
Sector
Interactive Media and Services
Category
growth
Fidelity Blue Chip Growth Fund Portfolio Holding: Snap Inc.
SNAP +45% on Q1 beat. Strong DAU growth, ad platform improvement, higher direct-response ad demand. Management focus on profitability. Fund added to position, now among largest holdings/overweights. Positive outlook on company's renewed strategy and market performance.
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