(AAPL) has been trading 0.28% in recent session and positioned -3.23% lower than it was a year ago. stock has been performing today in comparison to its peers in the industry, here are the numbers: SNAP stock’s performance was 0.75% at last check in today’s session, and -68.27% in the past year, while Apple Inc.
According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently Hold. On the technical side, indicators suggest SNAP has a 50% Buy on average for the short term. 1 upward and no downward comments were posted in the last 7 days. The company’s revenue is forecast to grow by 2.60% over what it did in 2023.Ī company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Snap Inc. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2023 is $4.72 billion. The average estimate suggests sales will likely down by -5.30% this quarter compared to what was recorded in the comparable quarter last year. It means analysts are expecting annual earnings per share growth of 47.10% this year and 52.00% next year.Īnalysts have forecast the company to bring in revenue of $1.01 billion for the current quarter, with the likely lows of $983.4 million and highs of $1.04 billion.
Analysts have predicted the quarterly earnings per share to grow by $0 per share this quarter, however they have predicted annual earnings per share of $0. Investors’ optimism about the company’s current quarter earnings report is understandable. Snap Inc., whose market valuation is $17.54 billion at the time of this writing, is expected to release its quarterly earnings report – Apr 24, 2023. Here are five of the best ways to profit from the AI boom. And investors like you always want to get in on the hottest stocks of tomorrow. And it's about to change everything we know about everything.Īccording to Grand View Research, the global AI boom could grow from about $137 billion in 2022 to more than $1.81 trillion by 2030. The artificial intelligence (AI) revolution is already here.
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