Earnings Aren’t Enough to Justify a $17 Snap Stock Price

Snap Inc (NYSE: SNAP) reported "solid" second-quarter earnings but investors shouldn't be buyers of the stock, according to Canaccord. The Analyst Canaccord Genu.....»»

Following Snap Inc.'s announcement of small user growth, the company's stock dipped......»»

When Netflix reports earnings for the second quarter, the streaming media giant will need to surpass Wall Street's bullish targets for subscribers to justify its lofty stock price. Some analysts worry that Netflix has run too far too fast......»»

Markets Insider Snap Inc reported second quarter earnings on Tuesday that topped Wall Street's expectations. Shares jumped as much as 11% after the release. Follow Snap's stock price in real-time here. Shares of Snap rose as much as 11.....»»

Shares of Snap Inc. are down 4.5% in premarket trading Wednesday after Jefferies analyst Brent Thill lowered his price target to $11 from $14, wri.....»»

Meta's stock sank after hours. Share prices were down 17% after Facebook's parent company issued weak revenue guidance on today's earnings call. Matt McClain/The.....»»

Spotify reported strong Q1 earnings with revenue of $3.95B, beating expectations. Analysts raise price target and predict growth in 2024. Latest Ratin.....»»

Financial services firm MSCI (NYSE:MSCI), which runs the MSCI global stock indexes, saw its stock price plummet some 14% on ... Read more.....»»

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. Tesla stock rose Tuesday afternoo.....»»

IBM (NYSE:IBM) reports Q1 earnings on April 24, with EPS of $1.59 and $14.6B in revenues expected. Stock up 45% in past year. BofA analyst maintains Buy rating and $220 price target. Latest Rati.....»»

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. JADE GAO/AFP via Getty Images; Chelsea Jia Feng; BITesla reported first-quarter .....»»

Pepsi will report Q1 earnings on April 23 before market hours. The most recent analyst ratings project an average price target of $131.....»»

"Tesla's deeply challenged near-term fundamentals are taking the backseat to a much larger issue, as Tesla is facing an investment thesis pivot." Antonio Masiello/Getty ImagesBarclays slash.....»»

The parent company of Wish has seen its stock deeply discounted since its initial public offering, and the price was slashed yet again in late trading Wednesday......»»

The parent company of Wish has seen its stock deeply discounted since its initial public offering, and the price was slashed yet again in late trading Wednesday......»»

WW International (NASDAQ:WW) shares are trading higher after the company reported Q1 earnings results. Following earnings, DA Davidson maintained a Buy rating and raised its price target from $33 to $39. read more.....»»

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See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Snap Inc. showed continued revenue and user momentum in its latest report, fueling optimism about the company's longer-term opportunities and the "investability" of its stock......»»

Snapchat parent company Snap Inc (NYSE: SNAP) showed strength in its advertising revenue in the first quarter. Analysts saw many positives from the quarterly earnings report and also have some questions ahead. The Snap An.....»»