From Barchart: 2025-04-28 03:04:00

Snapchat (NYSE: SNAP) will report earnings tomorrow, beating revenue expectations last quarter with $1.56 billion, up 14.4% YoY, and 453M daily active users, up 9.4% YoY. Analysts expect revenue to grow 12.6% YoY to $1.35 billion this quarter, with adjusted earnings at $0.04 per share. Peers like Alphabet and Coursera have reported positive results, with revenue growth and beating estimates. Share prices in the consumer internet segment are up 2.5% on average, but Snap is down 1.7% heading into earnings with an average analyst price target of $11.40. Generative AI is set to impact large corporations, with profitable semiconductor stocks like Nvidia and AMD trading at all-time highs.



Read more at Barchart: What To Expect From Snap’s (SNAP) Q1 Earnings