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SNAP

Snap

$13.12

0.07 (0.54%)

17:45
08/07/18
08/07
17:45
08/07/18
17:45

Snap says ad revenue grew 48% year-over-year

Says augmented reality continues to be a massive long-term opportunity. Says advertising revenue grew 48% year-over-year. Says historically, Q3 DAU growth rates have trended down.

  • 07

    Aug

SNAP Snap
$13.12

0.07 (0.54%)

07/30/18
OTRG
07/30/18
NO CHANGE
OTRG
Mixed
Snap performance 'woes' continue, says OTR Global
OTR Global's Q2 U.S. checks indicate performance "woes" continue as year-over-year advertising spending benefited only slightly from improved targeting and open self-serve API, struggling against competitors with strong performance.
08/03/18
WEDB
08/03/18
NO CHANGE
Target $10
WEDB
Neutral
Snap will turn the corner 'eventually,' remain on sidelines now, says Wedbush
Wedbush analyst Michael Pachter maintained a Neutral rating and $10 price target on Snap ahead of the company's Q2 results on August 7. In a research note to investors, Pachter says that despite improvements in programmic, he feels that Snapchat is one of the most difficult-to-use social platforms for advertisers and its economic losses are likely to exceed $1B in 2018, with no clear path to profitability. Though he acknowledges that the company's 191 million DAUs have value and could drive profits if management chooses to focus on profitability, Snap continues to focus on improving the utility of its app, increasing user engagement, and explaining its value proposition to advertisers. Pachter is confident that Snap will turn the corner eventually, but he advises investors to remain on the sidelines until there is evidence of a turnaround.
08/07/18
DBAB
08/07/18
NO CHANGE
Target $13
DBAB
Hold
Deutsche expects 'weak' user trends from Snap in Q2
Deutsche Bank analyst Lloyd Walmsley expects "weak" daily active user trends in Q2 but improving monetization from Snap, particularly in the second half of the year as the company ramps deployment of its advertising pixel. To reflect the rollback of the redesign still not being completed for Android users in Q2, the analyst lowered his quarter-over-quarter net new average DAU number to down 2.5M from up 1M to 188.5M, below the Street at 192M. The analyst thinks brand ad buyers may be hesitating given the redesign and cut his Q2 revenue estimate for Snap to $243M from $249M. The Street is at $249M. Walmsley, however, slightly increased his Q3 and Q4 ad revenue estimates reflecting improving feedback around the company's ad tech improvements. The analyst bumped up his price target to $13 from $12 but keeps a Hold rating on Snap
08/07/18
BTIG
08/07/18
NO CHANGE
BTIG
Neutral
Snap revenue estimates reduced at BTIG
BTIG analyst Richard Greenfield kept his Neutral rating on Snap but lowered his FY18 revenue projections again to $1.13B and FY19 to $1.61B, noting that these are now much less than his original April 2017 forecasts of $2.5B and $4.9B respectively. The analyst notes that his initial Neutral rating on Snap was a "mistake", as revenue ramp did not proceed as he expected, but adds that given the "horrible" sentiment on the stock, any evidence of "success" could lead to an upside "overreaction". Greenfield further notes that he is "intrigued by the stickiness of the app as a communications platform" amid the "massive" shift of consumer time spent on mobile, even though his "patience is wearing thin".

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Qorvo, Apple, Lumentum, Skyworks, Cirrus Logic, Broadcom analyst commentary  »

After Qorvo warns, MKM…

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Apple

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Skyworks

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Cirrus Logic

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Broadcom

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Apple

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Qorvo, Apple analyst commentary  »

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AAPL

Apple

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AMRS

Amyris

$6.05

0.19 (3.24%)

14:49
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14:49
Options
Amyris options imply 19.1% move in share price post-earnings, above median historical move »

Pre-earnings options…

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BA

Boeing

$347.91

-9.02 (-2.53%)

14:46
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14:46
Periodicals
Pilots claim Boeing Lion Air crash linked to improper training, FT reports »

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AAPL

Apple

$193.31

-0.845 (-0.44%)

14:45
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Technical Analysis
Technical Take: Apple moves lower after rally fails »

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XLK

Technology Select Sector SPDR

$67.49

0.08 (0.12%)

14:40
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11/13
14:40
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14:40
Options
Aggressive call buying in SPDR Tech Fund »

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QRVO

Qorvo

, AAPL

Apple

$192.80

-1.355 (-0.70%)

14:37
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14:37
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Qorvo, Apple analyst commentary  »

Qorvo price target…

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Qorvo

AAPL

Apple

$192.80

-1.355 (-0.70%)

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TEUM

Pareteum

$1.87

-0.26 (-12.21%)

, IPAS

iPass

$1.14

(0.00%)

14:37
11/13/18
11/13
14:37
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14:37
Recommendations
Pareteum, iPass analyst commentary  »

Pareteum price target…

TEUM

Pareteum

$1.87

-0.26 (-12.21%)

IPAS

iPass

$1.14

(0.00%)

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CF

CF Industries

$50.26

-1.03 (-2.01%)

14:35
11/13/18
11/13
14:35
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14:35
Options
CF Industries put volume heavy and directionally bearish »

Bearish flow noted in CF…

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  • 13

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LVS

Las Vegas Sands

$51.96

0.995 (1.95%)

14:25
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14:25
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14:25
Options
Las Vegas Sands call volume above normal and directionally bullish »

Bullish option flow…

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14:25
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General news
Treasury Action: yields remained remained lower »

Treasury Action: yields…

VOYA

Voya Financial

$45.49

0.905 (2.03%)

14:24
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11/13
14:24
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14:24
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Voya Financial analyst commentary  »

Voya Financial updated…

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  • 13

    Nov

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
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14:17
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14:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

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BLDP

Ballard Power

$3.07

0.11 (3.72%)

14:16
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Hot Stocks
Ballard Power announces closing of strategic collaboration with Weichai Power »

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$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
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NYSE market internals summary »

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14:15
11/13/18
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General news
U.S. Treasury budget deficit widened to $100 B »

U.S. Treasury budget…

APTI

Apptio

$37.76

0.12 (0.32%)

14:10
11/13/18
11/13
14:10
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14:10
Options
Aptio attracts call buying after reports of takeover interest »

Aptio attracts call…

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  • 13

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14:10
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General news
U.S. Treasury budget preview: »

U.S. Treasury budget…

BAIRY

British Airways

$0.00

(0.00%)

, ICAGY

IAG

$0.00

(0.00%)

14:10
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14:10
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14:10
Hot Stocks
British Airways, Iberia Airlines to pay $5.8M to settle False Claims Act charges »

The Justice Department…

BAIRY

British Airways

$0.00

(0.00%)

ICAGY

IAG

$0.00

(0.00%)

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SBGI

Sinclair Broadcast

$31.45

0.17 (0.54%)

, TRCO

Tribune Media

$38.90

-0.455 (-1.16%)

14:09
11/13/18
11/13
14:09
11/13/18
14:09
Hot Stocks
DOJ confirms settlement with Sinclair, Tribune, Meredith, others »

The Department of Justice…

SBGI

Sinclair Broadcast

$31.45

0.17 (0.54%)

TRCO

Tribune Media

$38.90

-0.455 (-1.16%)

MDP

Meredith

$57.04

(0.00%)

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OAS

Oasis Petroleum

$8.43

-0.33 (-3.77%)

14:05
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11/13
14:05
11/13/18
14:05
Options
Oasis Petroleum call volume above normal and directionally bullish »

Bullish option flow…

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14:05
11/13/18
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14:05
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14:05
General news
Breaking General news story  »

Philadelphia Federal…

14:04
11/13/18
11/13
14:04
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14:04
General news
Treasury Budget data reported »

October Treasury Budget…

VET

Vermilion Energy

$23.53

-0.01 (-0.04%)

14:02
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11/13
14:02
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14:02
Upgrade
Vermilion Energy rating change  »

Vermilion Energy upgraded…

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14:00
11/13/18
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14:00
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14:00
General news
Oil Action: WTI crude »

Oil Action: WTI crude…

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