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Snap Inc . (NYSE:SNAP), the social media company currently valued at $15.6 billion, announced Thursday that it will hold its 2025 annual meeting of stockholders on August 1, 2025. The meeting comes just days after the company’s anticipated Q2 earnings release on July 29. The company stated that the purpose of the meeting is outlined in the information statement attached to its latest filing with the Securities and Exchange Commission. According to InvestingPro analysis, Snap maintains a FAIR financial health score.
All Snap stockholders, including holders of Class A common stock, will be able to access the meeting through the company’s investor relations website. Details regarding the agenda and matters to be considered at the meeting are provided in the attached information statement, according to the press release statement.
The announcement was disclosed in a Form 8-K filing with the SEC.
In other recent news, Snap Inc. has been in the spotlight with several notable developments. Wells Fargo (NYSE:WFC) has raised its price target for Snap from $8 to $11, citing expectations for accelerated revenue growth in an improving advertising environment. The firm anticipates Snap’s second-quarter revenue will grow by 13% year-over-year, with a projection of $165 million in subscription revenue and $76 million in EBITDA, significantly exceeding consensus estimates. Meanwhile, Loop Capital has adjusted Snap’s stock price target to $12, down from $16, while maintaining a Buy rating due to the company’s substantial user base and potential for revenue growth.
In partnership news, Snap has teamed up with RWS Global to enhance live sporting events with augmented reality technology, offering interactive fan experiences at events like the World Aquatics Championships and the British & Irish Lions Tour. This collaboration is expected to create new sponsorship opportunities and additional revenue streams. Additionally, Snap announced plans to release new augmented reality glasses, Specs, in 2026, alongside updates to its Snap OS, which will integrate with AI-powered applications and offer new developer tools.
These recent developments reflect Snap’s ongoing efforts to expand its technological offerings and improve its financial performance.
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