Snap Inc - Ordinary Shares - Class A
SNAP
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+ FollowMarket Cap$10.72B
Close$
Earnings Call Q3 2024
October 29, 2024 - AI Summary
**Strong Revenue Growth**: Snap Inc. reported Q3 2024 total revenue of $1.37 billion, a 15% year-over-year increase, with advertising revenue at $1.25 billion, up 10% YOY. The growth was primarily driven by direct response (DR) advertising, which increased 16% year-over-year.
**User Engagement and Community Growth**: Daily active users (DAUs) reached 443 million, up 37 million from the previous year, demonstrating effective engagement strategies. The introduction of the "Simple Snapchat" interface has shown promising early results in enhancing engagement, particularly among new and casual users.
**Financial Discipline and Profitability**: The company achieved an adjusted EBITDA of $132 million in Q3, significantly up from $40 million year-over-year. Net loss was reduced to $153 million, down 58% YOY, reflecting improved cost management and operational efficiencies.
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$0.74
88.4% downside
Current Fair Value
88.4% downsideOvervalued by 88.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $10.72 Billion |
|---|---|
| Enterprise Value | $10.61 Billion |
| Dividend Yield | $- (-) |
| Earnings per Share | $-0.27 |
| Beta | 1.08 |
| Outstanding Shares | 1,675,483,000 |
Return
| Return on Equity | -16.15% |
|---|---|
| Return on Assets | -4.17% |
| Return on Invested Capital | -3.20% |
Valuation & Multiples
| P/E Ratio | -34.34 |
|---|---|
| PEG | 91.45 |
| Price to Sales | 2.11 |
| Price to Book Ratio | 6.34 |
| Enterprise Value to Revenue | 1.67 |
| Enterprise Value to EBIT | -54.94 |
| Enterprise Value to Net Income | -35 |
| Total Debt to Enterprise | 0.08 |
| Debt to Equity | 0.44 |
Revenue Sources
No data
Insider Trades
Last Earnings Call
Report Date
August 4, 2026
EPS Estimate
$0.07
Average shareholder expectationRevenue Estimate
$1.54 B
Average shareholder expectationNext Earnings Call
Expected Date
November 4, 2026
EPS Estimate
$0.00
Average shareholder expectationRevenue Estimate
$1.73 B
Average shareholder expectationInstitutional Put/Call Ratio
Market sentiment based on institutional option activity.
| Put/Call Ratio | 0.0000▼ 38.39% |
|---|---|
| Total Calls | 2,000▼ 100.00% |
| Total Puts | -▼ 100.00% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 1.33%▼ 36.69% |
|---|---|
| Total Invested | $123.96M▼ 95.62% |
| Investors Holding | 96▼ 502.00% |
ESG Score
No data
About Snap Inc
5,261 employees
CEO: Evan T. Spiegel Operating globally, Snap Inc. is a camera technology company serving markets in North America, Europe, and other international territories. Its flagship product is Snapchat, a widely used mobile application enabling visual communication ...