SNAP - 120% Growth in 3 months with more room to grow

The simple, longer-term case for Snap stock is that it provides exposure to multiple, seemingly unstoppable forces: digital ad spending, mobile gaming and entertainment, and overall smartphone addiction. Snap’s fiscal-year sales are projected to climb 42% this year to reach $2.4 billion and then jump another 41% in 2021 to $3.4 billion. The Q2 to Q3 revenue grew by more that 33% and will likely continue to grow at a significant pace.

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SNAP - 120% Growth in 3 months with more room to grow

Dec 16, 2020

bullish

fundamentals Analysis

[< 1 min Read]

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The simple, longer-term case for Snap stock is that it provides exposure to multiple, seemingly unstoppable forces: digital ad spending, mobile gaming and entertainment, and overall smartphone addiction. Snap’s fiscal-year sales are projected to climb 42% this year to reach $2.4 billion and then jump another 41% in 2021 to $3.4 billion. The Q2 to Q3 revenue grew by more that 33% and will likely continue to grow at a significant pace.
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SNAP

Snap Inc.

13.80

-0.76
-5.18%

Return

-72.78%
Change % Since Posting
-36.91
Change Since Posting
50.71
Price When Posted

Metrics

80.00
Target Price
8/ 10
Confidence
1-2 Weeks
Timeframe
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Earnings Per Share
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Financials
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Management
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Price to Earnings Ratio
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Dividend
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Other Catalyst

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