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Bullish Case: Innovative AR features and potential ad revenue growth from AI initiatives could bolster SNAP's market position and valuation.


Bearish Case: Legal challenges, negative PR from controversies, and competitive pressures could erode user trust and harm SNAP's profitability.


Potential Outcomes: AI-driven revenue rise (40%), continued legal fallout (35%), user engagement declines from controversy (25%).


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March 23, 2024


Snapchat Forecast

SNAP        Snapchat
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with SNAP



EXPE Forecast + Options Trading Strategies   [EXPE]  Expedia (0.86)


PRLB Forecast + Options Trading Strategies   [PRLB]  Proto Labs (0.86)


IDCC Forecast + Options Trading Strategies   [IDCC]  Interdigital (0.84)


TTWO Forecast + Options Trading Strategies   [TTWO]  Take-Two Interactive Software (0.84)


CARG Forecast + Options Trading Strategies   [CARG]  CarGurus (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to SNAP



BEP Forecast + Options Trading Strategies   [BEP]  Brookfield Renewable (0.0)


PG Forecast + Options Trading Strategies   [PG]  Procter & Gamble (-0.0)


AMBA Forecast + Options Trading Strategies   [AMBA]  Ambarella (-0.0)


YOU Forecast + Options Trading Strategies   [YOU]  Clear Secure (-0.0)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SNAP



CELH Forecast + Options Trading Strategies   [CELH]  Celsius (-0.71)


REK Forecast + Options Trading Strategies   [REK]  ProShares Short Real Estate (-0.74)


SRS Forecast + Options Trading Strategies   [SRS]  ProShares UltraShort Real Estate (-0.75)


DRV Forecast + Options Trading Strategies   [DRV]  Direxion Daily Real Estate Bear 3X Shares (-0.76)


IMAX Forecast + Options Trading Strategies   [IMAX]  Imax (-0.83)


SNAP News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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