Where Will Snap Stock Be in 1 Year?
(NYSE: SNAP) posted its third-quarter earnings report on Oct. 24. The social media company's revenue rose 5% year over year to $1.19 billion and exceeded analysts' expectations by $80 million. Its adjusted earnings tumbled 75% to $0.02 per share but still beat the consensus forecast by $0.07 per share.
Snap cleared Wall Street's low bar, but its stock still slumped after the report and remains nearly 50% below its IPO price.
Should investors buy this beaten-down stock and bet on a recovery over the next 12 months?
Source Fool.com
Snap Inc Aktie
4,58 €
-0,65 %
Bei der Aktie stehen derzeit 15 Buy-Einschätzungen 5 Sell-Einschätzungen gegenüber. Das Sentiment ist also durchaus positiv.
Ein Kursziel von 8 € für Snap Inc signalisiert eine potenzielle Steigerung von über 50% gegenüber dem aktuellen Kurs von 4.58 €.
