Snap Inc Class A

SNAP: XNYS (USA)
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Snap Earnings: Near-Term Outlook Sinks Due to Macroeconomic Uncertainty; Cut Fair Value to $11

Snap reported solid first-quarter 2025 results, driven by strong user growth and rising average revenue per user. However, management’s decision to withhold guidance due to demand uncertainty suggests weaker near-term growth prospects amid a volatile macro environment.

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