2018 hasn't been good to SnapChat. It's dealt with bad earning calls, analyst downgrades, unfavorable changes to the app, Kylie Jenner openly expressing her negative feelings about the changes to the app, and a WTF moment involving Rihanna and domestic violence. All of that has left SNAP's stock trading below $15 per share. It appears Wall Street and Main Street have cut it's loses with SnapChat and moved on to companies with better prospects. We wondered though, are investor

SnapChat reported 3rd quarter earnings on November 7, 2017. Wall Street wasn't impressed and the stock tumbled in after hours trading. Highlights 1. Daily Active Users (DAU) grew from 153 million in Q3 2016 to 178 million in Q3 2017, an increase of 25.2 million or 17% year-over-year. 2. Average revenue per user (ARPU) was $1.17 in Q3 2017, an increase of 39% over Q3 2016 when ARPU was $0.84. 3. Hosting costs per DAU – Hosting costs per DAU were $0.68 in Q3 2017, as compared t

Credit Suisse places a price target of $20 on SnapChat shares. Credit Suisse believes advertisers are warming up to SnapChat. You can read more about it here. Why is this a big deal? Since the company went public, analyst haven't had many positive things to say about SNAP as an investment. When it comes to social media it's all about Daily Active Users. It's the measurement analyst scrutinize the most when it comes to social media sites. After Instagram introduced their Stori