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home / news releases / SNAP - Snap: Massive Turnaround

SNAP - Snap: Massive Turnaround

Snap Inc. Class A

2024-01-30 09:41:10 ET

Summary

  • The positive trend in ARPU and potential for revenue growth are promising indicators of Snap's improved positioning in the adtech sector.
  • Despite Snap's impressive turnaround efforts and strong stock performance, the current valuation gives me pause.
  • I remain concerned about the forward EBITDA of 65x, highlighting the importance of assessing the margin of safety for potential investors in the coming months.

Investment Thesis

Snap ( SNAP ) is about to report its Q4 2023 results on Tuesday, 6 February . As you'll see in this analysis, Snap is amidst a substantial turnaround effort....

For further details see:

Snap: Massive Turnaround
Stock Information
Company Name: Snap Inc. Class A
Stock Symbol: SNAP
Market: NYSE
Website: snap.com
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