Snap shares fell 14% over the past week, mostly because weak ad results from Alphabet, Reddit and Pinterest hit social media stocks. Meta settled a teen addiction trial, leaving Snap as the sole defendant until it settled with the two teenage plaintiffs on Monday, before opening statements. Analysts expect third-quarter EBITDA of about 337 million USD on 1.73 billion USD revenue, both in the upper half of guidance of 1.70–1.74 billion USD revenue and 300–350 million USD adjusted EBITDA. Full-year EBITDA estimates of 1.32 billion USD would require roughly 502 million USD in the fourth quarter alone. Snap trades at 1.3x forward sales versus a five-year average of 4.0x, and the average analyst target of about 7.40 USD sits roughly 36% above Monday's close; the article warns that further trials could force product changes, and that fourth-quarter guidance similar to Pinterest's could lead analysts to cut the 502 million USD estimate.
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Related tickers and likely impact
META
• NeutralMeta Platforms
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.6T |
| Close on 11/02/2026 | 606.73 |
| Change that session | -1.34% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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