Professional
Added to YB: 2024-02-29
Pitch date: 2024-01-30
SNAP [bullish]
Snap Inc.
-68.81%
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
$16.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
-34.94
P/E
-17.41
EV/Sales
1.55
Sector
Interactive Media and Services
Category
growth
RiverPark Large Growth Fund Portfolio Holding - Snap Inc.
SNAP Q3 beat: Rev +5%, DAUs 407M, $40M EBITDA vs -$69M est. User growth & ad engagement drove rebound post-Q2 loss. Long-term bullish: '23 rev $4.6B vs META's $134B = room for growth via platform upgrades, user expansion, new monetization. Macro headwinds remain short-term risk.
Read full article (1 min)