Snap stock outlook in 2019

Apple umnr88
Mar 15 10 Comments

Just go upgraded to a buy rating by BTIG. Wondering how much upside there is in the stock? Any risk takers think it'll go back to 17+ here?

FYI i cancelled my onsite when the price was at $7 不不

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TOP 10 Comments
  • Fitbit vtuOwnL
    I got an on-site with snap, saw the stock a day or two before the on-site, remembered it was for the snap-glasses team and then talked some sense into myself to cancel that onsite lol
    Mar 151
    • Apple umnr88
      OP
      Saw me w but for search ... Tbf the stock has gone up by about 50% since i pulled out
      Mar 15
  • Dead cat bouncing. Just because FB is not doing well doesnt mean snap will do well lol.
    Mar 150
  • Microsoft
    Tier 1

    Microsoft

    BIO
    #1 in Prestige
    Tier 1more
    $SNAP is the biggest position I have in individual stocks
    Mar 152
    • Apple umnr88
      OP
      Troll or serious?
      Mar 15
    • Microsoft
      Tier 1

      Microsoft

      BIO
      #1 in Prestige
      Tier 1more
      Serious
      Mar 15
  • Snapchat yaymusroom
    The people who interviewed when it was $7 joined when it was $5 and their initial grant is worth double now. Very good timing. I'm super jealous, but at least we got refreshers priced at $6, which is nice.

    It's a bit counter intuitive, but if you believe in a company you're better off joining when things are scary and the price is low than when it's high.
    Mar 171
    • Apple Icml2017
      Now do people get annual RSU refreshers during yearly reviews? I think there is no cash bonus but please correct me if I am wrong.
      Apr 6
  • Snapchat / ProductOceans
    I think everyone is overly excited about the product growth not being a mass exodus from Q4. However that's usually the products peak growth period for users and we stayed flat (declined a slight bit).

    Also to keep in mind Tik Tok wasn't a huge issue in the beginning of Q4. A majority of Tik Tok users are high schoolers and younger, which also happens to be Snapchats core user base.

    That being said, Snap is inching towards profitability by cutting costs. Something Wall St loves.
    Mar 151
    • Apple umnr88
      OP
      Hmm so lots of points at play. Do you have a positive outlook on the company for the next 2 years, or still too tough to call?
      Mar 15

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