Snap Inc Stock
€8.96
Your prediction
Snap Inc Stock
Pros and Cons of Snap Inc in the next few years
Pros
Cons
Performance of Snap Inc vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Snap Inc | -0.790% | 7.139% | 5.463% | 7.240% | -41.559% | -85.814% | -40.870% |
| LYFT Inc | -1.120% | 6.918% | 7.143% | 7.225% | -17.305% | -74.784% | - |
| Atlassian Corp. | 0.000% | -2.378% | 1.854% | -24.083% | -32.963% | -57.628% | 19.650% |
| Gartner Inc. | -0.850% | 0.700% | 5.190% | 38.501% | 12.521% | 72.970% | 262.626% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Snap Inc., the parent company of the popular social media platform, Snapchat, has experienced significant growth in recent years. As a representative of the Software & IT Services industry, the company's financial statements showcase both its strengths and areas in need of improvement. By taking a closer look at these statements, we can gain a better understanding of where the company currently stands and identify potential avenues for future growth.
Revenue Growth: Snap's year-over-year total revenue increased by about 21% in 2022, reaching over $4.6 billion. This demonstrates the company's ability to generate higher sales, which indicates that it is effectively monetizing its user base.
Increasing Gross Profit: Snap experienced a significant growth in its gross profit, a figure that went from around $1.3 billion in 2020 to almost $1.9 billion in 2021, and reached $2.79 billion in 2022. This demonstrates the company's ability to manage its costs and increase profitability.
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News
Why Snap Stock Blasted Higher Again on Thursday
There is a clutch of stocks that convincingly beat the market on both Wednesday and Thursday, but not a great many. Among these high achievers was social media company Snap (NYSE: SNAP), which again
Why Snap Stock Topped the Market Today
Investors generally liked what they heard about Snap's (NYSE: SNAP) "partner summit" that took place on Tuesday, as the company's news inspired a nearly 3% increase in its stock price the day after
Here's Why Snap Stock Lost 30% of Its Value in August
Shares of Snapchat's parent company Snap (NYSE: SNAP) lost 29.9% of their value during August, according to data provided by S&P Global Market Intelligence. And the whole drop happened on Aug. 2