Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

Snap Inc.

Alphabet GOOGL is a behemoth in the digital advertising market, in which Snap SNAP is the smaller challenger. Increasing deployment of AI and machine learning is driving content creation, while chatbots and virtual assistants are helping advertisers offer personalized user interactions and content personalization. These benefit both GOOGL and Snap stocks. Both are expected to benefit from growing digital advertising spending, which, per Statista, will account for 82.2% of total spending by 2030. However, Alphabet or Snap, which stock has an edge under the current scenario?
The Case for Alphabet Stock
Alphabet’s advertising revenues are expected to benefit from strong search and YouTube advertising revenues. Google continues to dominate the Search business with more than 90% share, followed by Microsoft’s Bing, with 4.08% share, per the latest data from StatCounter.
Alphabet has been actively embedding AI, especially within Search, to enhance user experience, provide better AI-focused features and consequently improve ad performance. Alphabet is advancing visual and contextual search capabilities. The Circle to Search feature is now active on more than 300 million devices. The company is adding functionalities to help people explore complex topics and ask follow-up questions without switching apps.
Google’s AI-powered Search features are driving deeper engagement, with AI Mode offering advanced reasoning and multi-modal responses. Users are generating queries twice as long as those in traditional searches. GOOGL is expanding AI mode in Google Search by adding more than 35 languages and over 40 new countries and territories. AI Mode in Search is now expanded to more than 200 countries and territories.
AI is helping in improving YouTube recommendations and auto dubbing, which generates better returns for creators and brands by expanding the audience. The company launched Veo 3, photo to video and generative effects to shorts, making content creation easier. GOOGL’s efforts are attracting advertisers. In the past 12 months, YouTube ads viewed on CTV screens drove more than 1 billion conversions. YouTube’s expanding addressable market, driven by new services like shorts, which now averages more than 200 billion daily views, bodes well for Alphabet’s prospects.
The Case for Snap Stock
Snap’s advertising platform is evolving with commerce-driven ad volume growing 39% year over year in the second quarter, and newer ad formats such as Sponsored Snaps are delivering stronger conversion outcomes. With campaign tools improving measurability and efficiency, Snap is seeing broader advertiser adoption. Snap's advertising platform improvements have resulted in total active advertisers’ growth. In the second quarter of 2025, purchase volume for commerce advertisers increased 39% year over year, while total purchase-related advertising revenues grew more than 25% from the prior-year period.
Snap continues to evolve as a visual-first social media platform with strong traction among Gen Z users. Its global user base continues to expand, reaching 469 million Daily Active Users during the second quarter of 2025, up 8.6% year over year.
Premium experiences remain a key catalyst to Snap’s engagement strategy. The Snapchat+ subscriber base approached 16 million in the second quarter of 2025, supported by new offerings like Lens+, which gives access to AI-powered video effects and exclusive features. Snap’s AR tools, including Camera Kit and Spectacles, continue to differentiate it from its peers by enabling immersive experiences across both consumer and enterprise use cases.
However, Snap is suffering from stiff competition, with U.S. time spent on Snapchat plummeting nearly 14% year over year in June 2025, exposing the platform's inability to retain user attention, which is a headwind.
SNAP’s Earnings Estimate Revision Steady, GOOGL’s Goes South
The Zacks Consensus Estimate for GOOGL’s 2025 earnings is pegged at $9.92 per share, down by four cents over the past 30 days, indicating a 23.4% increase from 2024’s reported figure.
Alphabet Inc. Price and Consensus
The consensus mark for SNAP’s 2025 earnings has been steady at 26 cents per share over the past 30 days, suggesting 10.3% growth from 2024.
Snap Inc. Price and Consensus
Price Performance and Valuation: GOOGL and Snap
Year to date, Alphabet shares have jumped 61.5%, outperforming Snap’s plunge of 26.1%.
GOOGL and SNAP Stock’s Performance
Image Source: Zacks Investment Research
Valuation-wise, both Alphabet and Snap are overvalued, as suggested by the Value Score of D and F, respectively.
In terms of forward 12-month price/sales, Alphabet shares are trading at 8.81X, higher than Snap’s 2.08X.
GOOGL and SNAP Valuation
Image Source: Zacks Investment Research
Conclusion
Alphabet is dominating the Search business, and YouTube is benefiting from the growing adoption of shorts. However, Snap is suffering from stiff competition that makes the stock risky for investors.
Currently, Alphabet has a Zacks Rank #3 (Hold), making the stock a stronger pick compared with Snap, which has a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Alphabet vs. Snap: Which Digital Advertising Stock Has an Edge?

Reddit RDDT is set to release its third-quarter 2025 results on Oct. 30.
The company expects third-quarter 2025 revenues between $535 and $545 million, indicating 54% to 56% year-over-year revenue growth, with a midpoint of 55%.
For the third quarter of 2025, the Zacks Consensus Estimate for revenues is pegged at $549.69 million, indicating year-over-year growth of 57.80%.
The consensus mark for earnings is pegged at 52 cents per share, which has remained unchanged over the past 30 days, indicating year-over-year growth of 225%.
Reddit Inc. Price and EPS Surprise
RDDT’s earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 261.89%.
Let’s see how things have shaped up for this announcement.
Factors Likely to Have Influenced Q3 Performance
Reddit’s third-quarter performance is expected to have benefited from increased ad sales and the company’s growing AI initiatives.
Reddit’s advertising business is expected to have benefited from continued innovation in ad products and solutions in the to-be-reported quarter. Its focus on automation, dynamic product ads and tools like Reddit Insights and Community Add-Ons is set to improve advertiser performance and attract more advertisers.
RDDT is also expanding search-led engagement through Reddit Answers. In the second quarter of 2025, Reddit Answers experienced significant growth, with the number of weekly users increasing from 1 million to 6 million. Moreover, improving impressions and a rise in pricing are driven by Reddit’s investments in performance and targeting in the middle and lower funnel, which is expected to have driven ad revenues in the third quarter of 2025.
International expansion remains a key growth driver for Reddit. With machine translation available in 23 languages, the platform is reaching new markets in Asia, Europe and Latin America. This is expected to have driven further user engagement and revenues in the to-be-reported quarter.
However, a challenging macroeconomic environment, including elevated tariffs, may reduce discretionary ad spending. Intense competition, along with advertiser concentration risks, poses challenges to RDDT’s near-term prospects.
RDDT Trading at a Premium
RDDT shares have surged 34.2% in the year-to-date period, outperforming the Zacks Computer & Technology sector’s return of 25.9% and the Zacks Internet - Software industry’s 19.7% rally.
The company has also outperformed its peers like Meta Platforms META, Pinterest PINS, and Snap SNAP, which are also expanding their footprints into advertising to compete in the rapidly growing digital ad market. While Meta Platforms and Pinterest shares have gained 28.3% and 21.5%, Snap shares have lost 26.5% in the year-to-date period.
RDDT Stock's Performance
Image Source: Zacks Investment Research
However, the Value Score of F suggests a stretched valuation for RDDT at the moment, which makes it a risky bet for risk-averse investors.
RDDT stock is trading at a premium with a forward 12-month Price/Sales of 15.46X compared with the industry’s 5.63X, Meta Platforms’ 8.49X, Pinterest’s 5.06X, and Snap’s 2.08X.
Price/Sales (F12M)
Image Source: Zacks Investment Research
Reddit Benefits From Expanding Portfolio
Reddit’s expanding portfolio has been a major growth driver. In the second quarter of 2025, ARPU grew 47% year over year to $4.53, indicating that portfolio expansions are driving higher monetization per user.
Key drivers include the adoption of Dynamic Product Ads, which consistently achieve a return on ad spend that is, on average, two times higher than standard conversion campaigns. Reddit’s focus on automation, including the introduction of auto-bidding and integration with third-party tools like Smartly, has made it easier for advertisers to scale and optimize their campaigns. These advancements are likely to have attracted more advertisers, further boosting ARPU.
Further expanding its footprint, in June 2025, Reddit launched its Community Intelligence engine at Cannes Lions, introducing the alpha versions of Reddit Insights and Conversation Summary Add-Ons to help brands extract real-time conversational insights and boost campaign performance.
In September 2025, Reddit launched Reddit Pro tools for publishers. This new suite of free features helps media outlets share, track and engage with their content among Reddit’s more than 110 million daily users. The launch includes article insights, RSS auto-importing, and AI-driven community recommendations. It also offers a better in-app article viewing experience.
Conclusion
Reddit’s prospects are expected to benefit from an expanding advertising business, an expanding clientele, and an improved user experience with upgraded search and discovery features. These factors justify the company’s premium valuation.
Reddit stock currently sports a Zacks Rank #1 (Strong Buy), indicating that investors should accumulate the stock at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
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Should You Buy, Sell, or Hold Reddit Stock Before Q3 Earnings Release?

For Immediate Release
Chicago, IL – October 28, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Meta Platforms META, Alphabet GOOGL, Amazon AMZN and Snap SNAP.
Here are highlights from Monday’s Analyst Blog:
Will Higher Ad Revenues Aid Meta Platforms Stock in Q3 Earnings?
Meta Platforms’ third-quarter 2025 results, set to be reported on Oct. 29, are expected to reflect the benefits of higher advertising revenues.
The Zacks Consensus Estimate for Meta Platforms’ third-quarter advertising revenues is pegged at $48.5 billion, indicating growth of 21.6% year over year.
Meta Platforms’ earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 20.47%.
Click here to learn how Meta Platforms’ overall third-quarter performance is likely to be.
Strong Ad Spending to Aid META’s Q3 Top Line
META’s staggering reach and increasing ad impressions (up 11% year over year in the second quarter of 2025) make it one of the most important players in the digital ad sales market, apart from Alphabet, Amazon and Snap. According to eMarketer, global ad spending is expected to rise 7.4% to reach $1.17 trillion in 2025, with Alphabet, Meta Platforms and Amazon accounting for roughly two-thirds of new ad spending.
In the second quarter of 2025, Alphabet’s Google advertising revenues rose 11.7% year over year to $82.54 billion and accounted for 74% of total revenues, driven by Search and other revenues. Meanwhile, Amazon’s advertising business increased 23% year over year to $15.6 billion, benefiting from powerful network effects as more sellers and brands compete for visibility, driving higher pricing and improved margins. Snap’s advertising platform is evolving with commerce-driven ad volume growing 39% year over year in the second quarter, and newer ad formats such as Sponsored Snaps are delivering stronger conversion outcomes.
Meta Platforms’ focus on improving ad ranking and measurement by leveraging AI has been a key catalyst driving advertisers’ return on investment. META has been leveraging AI and machine learning to boost the potency of WhatsApp, Instagram, Facebook and Threads. Effective usage of AI has been helping the company keep its users engaged.
AI-driven feed recommendations have been a key catalyst. Meta Platforms is committed to prioritizing user safety and well-being through initiatives to enhance parental supervision, messaging privacy and time management on its platforms. These factors are expected to have driven user base growth in the third quarter of 2025.
META’s Ad Revenue Estimates Show Strong Growth Trend
The Zacks Consensus Estimate for advertising revenues in Asia-Pacific is pegged at $9.66 billion, indicating year-over-year growth of 20% in the third quarter of 2025. The consensus mark for advertising revenues in Europe, the United States and Canada, and the Rest of the World is pegged at $11.65 billion, $21.7 billion and $6.37 billion, respectively, indicating 24.5%, 24.8% and 25.1% growth.
The consensus mark for Family Daily Active People or DAP, defined as a registered and logged-in user who visited at least one of the Family products on a given day, is expected to be 3.49 billion for the third quarter of 2025.
Zacks Rank
Meta Platforms currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Analyst Blog Highlights Meta Platforms, Alphabet, Amazon and Snap

Below is Validea's guru fundamental report for SNAP INC (SNAP). Of the 22 guru strategies we follow, SNAP rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum.
SNAP INC (SNAP) is a large-cap growth stock in the Software & Programming industry. The rating using this strategy is 94% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
TWELVE MINUS ONE MOMENTUM:
PASS
Detailed Analysis of SNAP INC
More Information on Dashan Huang
About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance.
Additional Research Links
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About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea Detailed Fundamental Analysis - SNAP

Meta Platforms’ META third-quarter 2025 results, set to be reported on Oct. 29, are expected to reflect the benefits of higher advertising revenues.
The Zacks Consensus Estimate for Meta Platforms’ third-quarter advertising revenues is pegged at $48.5 billion, indicating growth of 21.6% year over year.
Meta Platforms’ earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 20.47%.
Meta Platforms, Inc. Revenue (TTM)
Click here to learn how Meta Platforms’ overall third-quarter performance is likely to be.
Strong Ad Spending to Aid META’s Q3 Top Line
META’s staggering reach and increasing ad impressions (up 11% year over year in the second quarter of 2025) make it one of the most important players in the digital ad sales market, apart from Alphabet GOOGL, Amazon AMZN and Snap SNAP. According to eMarketer, global ad spending is expected to rise 7.4% to reach $1.17 trillion in 2025, with Alphabet, Meta Platforms and Amazon accounting for roughly two-thirds of new ad spending.
In the second quarter of 2025, Alphabet’s Google advertising revenues rose 11.7% year over year to $82.54 billion and accounted for 74% of total revenues, driven by Search and other revenues. Meanwhile, Amazon’s advertising business increased 23% year over year to $15.6 billion, benefiting from powerful network effects as more sellers and brands compete for visibility, driving higher pricing and improved margins. Snap’s advertising platform is evolving with commerce-driven ad volume growing 39% year over year in the second quarter, and newer ad formats such as Sponsored Snaps are delivering stronger conversion outcomes.
Meta Platforms’ focus on improving ad ranking and measurement by leveraging AI has been a key catalyst driving advertisers’ return on investment. META has been leveraging AI and machine learning to boost the potency of WhatsApp, Instagram, Facebook and Threads. Effective usage of AI has been helping the company keep its users engaged. AI-driven feed recommendations have been a key catalyst. Meta Platforms is committed to prioritizing user safety and well-being through initiatives to enhance parental supervision, messaging privacy and time management on its platforms. These factors are expected to have driven user base growth in the third quarter of 2025.
META’s Ad Revenue Estimates Show Strong Growth Trend
The Zacks Consensus Estimate for advertising revenues in Asia-Pacific is pegged at $9.66 billion, indicating year-over-year growth of 20% in the third quarter of 2025. The consensus mark for advertising revenues in Europe, the United States and Canada, and the Rest of the World is pegged at $11.65 billion, $21.7 billion and $6.37 billion, respectively, indicating 24.5%, 24.8% and 25.1% growth.
The consensus mark for Family Daily Active People or DAP, defined as a registered and logged-in user who visited at least one of the Family products on a given day, is expected to be 3.49 billion for the third quarter of 2025.
Zacks Rank
Meta Platforms currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Will Higher Ad Revenues Aid Meta Platforms Stock in Q3 Earnings?

Meta Platforms META is set to report its third-quarter 2025 results on Oct. 29.
META expects total revenues between $47.5 billion and $50.5 billion for the third quarter of 2025.
The Zacks Consensus Estimate for third-quarter revenues is pegged at $49.43 billion, indicating an increase of 21.8% from the year-ago quarter’s reported figure. The consensus mark for earnings stands at $6.60 per share, up a couple of cents over the past 30 days, suggesting growth of 9.5% from the figure reported in the year-ago quarter.
Consensus Estimate Trend
Image Source: Zacks Investment Research
Meta Platforms’ earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 20.47%.
Meta Platforms, Inc. Price and Consensus
Let’s see how things have shaped up for the upcoming announcement.
Strong Advertising Growth to Aid META’s Q3 Results
META is riding on strong advertising revenue growth prospects. Meta Platforms’ advertising revenues are expected to benefit from strong spending by advertisers as they leverage its growing AI prowess despite macroeconomic uncertainties. The Zacks Consensus Estimate for third-quarter 2025 advertising revenues is currently pegged at $48.5 billion, suggesting 21.6% year-over-year growth.
Meta Platforms’ offerings — Facebook, WhatsApp, Instagram, Messenger and Threads — currently reach more than three billion people daily. Their staggering reach and increasing ad impressions (up 11% year over year in the second quarter of 2025) make META one of the most important players in the digital ad sales market, apart from Alphabet GOOGL and Amazon AMZN. According to eMarketer, global ad spending is expected to rise 7.4% to reach $1.17 trillion in 2025, with Alphabet, Meta Platforms and Amazon accounting for roughly two-thirds of new ad spending.
META has been leveraging AI and machine learning to boost the potency of its social-media offerings, including WhatsApp, Instagram, Facebook, Messenger and Threads. META is frequently introducing new features across its platforms to drive more conversation and user engagement. The company is using Meta AI (currently used by more than one billion people) to boost user experience.
However, rising expenses related to investments in developing more advanced models and AI services are expected to keep margins under pressure. The Zacks Consensus Estimate for Family of Apps’ operating income is pegged at $24.86 billion, indicating 14.1% year-over-year growth.
The Reality Labs business continues to burn cash, which doesn’t bode well for META’s third-quarter results. The consensus mark for Reality Labs’ loss is pegged at $5.58 billion, wider than the year-ago quarter’s loss of $4.43 billion.
META Shares Outperform Sector, Lag Industry
META shares have jumped 25.3% year to date (YTD), outperforming the Zacks Computer & Technology sector’s appreciation of 22.9%. Shares have underperformed Alphabet but outperformed Amazon and Snap SNAP. YTD, Alphabet and Amazon shares have climbed up 34.7% and 0.4%, respectively, while Snap shares have declined 26.9%.
META Stock Outperforms Sector
Image Source: Zacks Investment Research
Meta Platforms’ current valuation is stretched, as suggested by the Value Score of D.
In terms of the forward 12-month price/sales, META is trading at 8.35X, higher than the broader sector’s 6.88X, Snap’s 2.08X, Alphabet’s 8.31X and Amazon’s 3.07X.
META Shares are Pricey
Image Source: Zacks Investment Research
META Leverages AI to Boost Growth
AI is heavily dependent on data, of which META has a trove, driven by its more than 3.48 billion daily users. Meta Platforms has been leveraging AI to improve the potency of its platform offerings, including Threads, WhatsApp, Instagram, Messenger and Facebook. Meta AI usage continues to increase, with roughly one billion monthly users globally.
META’s growing footprint among young adults, driven by improving recommendations, boosts its competitive prowess against the likes of Snap. AI usage is making it a popular name among advertisers. Meta Platforms’ focus on improving advertisers’ return on ad spending is noteworthy. Andromeda, its proprietary machine learning system, improves the performance of the company’s advertising system by delivering more personalized advertisements to viewers. The deployment of META’s deep neural network on the NVIDIA Grace Hopper Superchip has been a key catalyst.
Meta Platforms has been focusing on improving security across its platforms, which improves user engagement. META has introduced features and new anti-scam tools in WhatsApp to combat scammers. For Facebook, the company launched passkeys on Facebook for mobile devices, which now allows users to verify their identity and log in to their account more securely compared with traditional passwords.
The introduction of Teen Accounts has been a key catalyst in boosting security on Instagram. META has expanded Teen Accounts to Facebook and Messenger platforms. The company recently announced that Instagram Teen Accounts will be guided by PG-13 movie ratings by default.
Conclusion
META’s use of AI across its platforms bodes well for its user engagement. This, along with an improved recommendation tool, continues to help advertisers in ad targeting, thereby driving top-line growth. Meta Platforms is spending heavily on expanding AI infrastructure, which bodes well for future prospects. These positive factors justify a premium valuation.
Meta Platforms currently has a Zacks Rank #1 (Strong Buy), which implies that investors should start accumulating the stock right now. You can see the complete list of today’s Zacks #1 Rank stocks here.
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Is Meta Platforms Stock a Smart Buy Before Q3 Earnings Report?

The NASDAQ 100 Pre-Market Indicator is up 219.49 to 25,316.91. The total Pre-Market volume is currently 153,950,713 shares traded.
The following are the most active stocks for the pre-market session:
Beyond Meat, Inc. (BYND) is +0.16 at $3.00, with 37,885,383 shares traded. BYND's current last sale is 150% of the target price of $2.
Neuphoria Therapeutics Inc. (NEUP) is +2.12 at $6.17, with 20,079,962 shares traded., following a 52-week high recorded in prior regular session.
Intel Corporation (INTC) is +2.14 at $40.30, with 9,408,240 shares traded. INTC's current last sale is 138.97% of the target price of $29.
Viomi Technology Co., Ltd (VIOT) is +0.48 at $3.28, with 7,052,063 shares traded. VIOT's current last sale is 82% of the target price of $4.
Direxion Daily TSLA Bull 2X Shares (TSLL) is -0.2999 at $20.71, with 5,912,675 shares traded. This represents a 229.25% increase from its 52 Week Low.
ProShares UltraPro Short QQQ (SQQQ) is -0.1999 at $14.20, with 4,861,566 shares traded., following a 52-week high recorded in prior regular session.
United Microelectronics Corporation (UMC) is +0.0399 at $7.56, with 2,204,148 shares traded.UMC is scheduled to provide an earnings report on 10/29/2025, for the fiscal quarter ending Sep2025. The consensus earnings per share forecast is 0.12 per share, which represents a 18 percent increase over the EPS one Year Ago
Ford Motor Company (F) is +0.41 at $12.75, with 1,878,193 shares traded., following a 52-week high recorded in prior regular session.
Nokia Corporation (NOK) is -0.091 at $6.08, with 1,647,846 shares traded. NOK's current last sale is 115.24% of the target price of $5.275.
Snap Inc. (SNAP) is -0.13 at $7.74, with 1,386,535 shares traded. SNAP's current last sale is 86% of the target price of $9.
D-Wave Quantum Inc. (QBTS) is +2.29 at $33.35, with 1,317,236 shares traded., following a 52-week high recorded in prior regular session.
NIO Inc. (NIO) is -0.0598 at $6.83, with 1,246,316 shares traded. NIO's current last sale is 99.71% of the target price of $6.85.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Pre-Market Most Active for Oct 24, 2025 : BYND, NEUP, INTC, VIOT, TSLL, SQQQ, UMC, F, NOK, SNAP, QBTS, NIO

Meta Platforms META has been constantly adding features across its platforms to boost user engagement. The company’s focus on integrating AI into its platforms — Facebook, WhatsApp, Instagram, Messenger and Threads — is expected to help the company add new users. Expanding user base (3.48 billion daily users at the end of the second quarter of 2025) and growing engagement level are expected to boost advertising revenues, which jumped 21.5% year over year to $46.56 billion and accounted for 98% of second-quarter 2025 revenues.
META is frequently introducing new features across its platforms to drive more conversation and user engagement. Meta AI’s growing capabilities have been a key catalyst. It can now translate, dub, and lip sync reels on Facebook and Instagram, which helps users to enjoy reels from around the world. Translations are now available in English, Spanish, Hindi and Portuguese, with more language support in the future. META is set to leverage user interaction with Meta AI to personalize the content and ads users see, including posts and reels.
Meanwhile, Threads users can now attach up to 10,000 characters of text to a post, and any text attached can be read directly in the app. For Instagram, META has launched several new features and tools like repost, interactive map and Friends tab in Reels.
Meta Platforms has been adding new features to Facebook. The company recently bought back the jobs tool on the platform. Users can search for new jobs through a dedicated tab in Marketplace. Job listings will also appear across Groups and Pages. Meta Platforms has made finding and sharing reels easier on Facebook by upgrading the recommendations engine and AI-powered suggestions. META recently rolled out a new Facebook feature that makes it easier for users to recall and share photos and videos, and suggest edits and collages.
Our model estimate for 2025 advertising revenues is currently pegged at $190.28 billion, indicating 18.5% growth over the figure reported in 2024.
META Faces Tough Competition in Social Networking Space
Meta Platforms is facing tough competition from the likes of Reddit RDDT and Snap SNAP in the social networking space.
Reddit is benefiting from strong growth in user engagement, including rising daily and weekly active users, ARPU gains and the expansion of advertiser tools such as Dynamic Product Ads, Reddit Pixel and Conversion API. In the second quarter of 2025, Reddit’s advertising revenues increased 84% year over year to $465 million, driven by both existing advertisers deepening their investments and a 50% rise in the active advertiser count.
Snap’s advertising platform is evolving with commerce-driven ad volume growing 39% year over year in the second quarter, and newer ad formats such as Sponsored Snaps are delivering stronger conversion outcomes. With campaign tools improving measurability and efficiency, Snap is seeing broader advertiser adoption. Snap continues to evolve as a visual-first social media platform with strong traction among Gen Z users. Its global user base continues to expand, reaching 469 million Daily Active Users during the second quarter of 2025, up 8.6% year over year.
META’s Share Price Performance, Valuation & Estimates
Meta Platforms shares have jumped 25.2% year to date, outperforming the broader Zacks Computer and Technology sector’s return of 24.5%.
META’s Stock Performance
Image Source: Zacks Investment Research
Meta Platforms stock is trading at a premium, with a forward 12-month price/sales of 8.35X compared with the broader sector’s 6.97X. META has a Value Score of D.
META Stock Trades at a Premium
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for 2025 earnings is pegged at $28.17 per share, up four cents over the past 30 days, suggesting 18.1% year-over-year growth.
Meta Platforms, Inc. Price and Consensus
Meta Platforms currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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Can META's Focus on Adding User-Friendly Features Boost Ad Revenues?

Below is Validea's guru fundamental report for SNAP INC (SNAP). Of the 22 guru strategies we follow, SNAP rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum.
SNAP INC (SNAP) is a large-cap value stock in the Software & Programming industry. The rating using this strategy is 88% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of SNAP INC
SNAP Guru Analysis
More Information on Dashan Huang
About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance.
Additional Research Links
High Momentum Stocks
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

SNAP Quantitative Stock Analysis

Meta Platforms’ META shares have appreciated 22.5% year to date (YTD), outperforming the broader Zacks Computer & Technology sector, as well as its advertising peers, including Amazon AMZN and Snap SNAP. However, META shares lag Alphabet GOOGL over the same time frame. Meta Platforms, Alphabet and Amazon are expected to absorb roughly 50% of the projected global ad spending by 2028.
Shares of Alphabet have increased 32.6% on a YTD basis. However, Amazon and Snap shares have dropped 1.8% and 26.6%, respectively. The broader sector appreciated 21.6% over the same time frame.
META Stock’s YTD Performance
Image Source: Zacks Investment Research
META’s focus on integrating AI into its platforms — Facebook, WhatsApp, Instagram, Messenger and Threads — is driving user engagement to boost ad revenues. AI is heavily dependent on data, of which META has a trove, driven by its more than 3.48 billion daily users.
META shares are trading above the 200-day moving averages, indicating a bullish trend.
META Shares Trade Above 200-Day SMA
Image Source: Zacks Investment Research
Let’s find out why Meta Platforms’ shares are a buy right now.
New Tools to Drive Up META’s Prospects
META is frequently introducing new features across its platforms to drive more conversation and user engagement. The company is using Meta AI (currently used by more than one billion people) to boost user experience.
Threads users can now attach up to 10,000 characters of text to a post and any text so attached can be read directly in the app. In July, the company added a feature that allows users (ages 18 and older) to send DMs (between Threads followers or mutual followers from Instagram) directly in the app. META also introduced the Threads highlighter, which brings to focus the trending topics. The company recently introduced communities on Threads.
For Instagram, META has launched several new features and tools like repost, interactive map and Friends tab in Reels. The repost option helps Instagram users share reels and posts, which will appear in friends’ feeds and a dedicated repost tab on profiles. The interactive map allows friends to share locations and explore posts, reels and stories tagged to places. The Friends tab in Reels makes it easy to see what content friends are enjoying.
Meta Platforms launched a feature in July that streamlined all marketing campaigns across WhatsApp, Facebook and Instagram in one centralized place, Ads Manager. Moreover, META is creating ways for businesses and creators to grow their presence in the WhatsApp Updates tab, which is currently used by 1.5 billion people daily.
New Safety Features Aid META’s User Engagement
Apart from new tools and features, Meta Platforms has been focusing on improving security across its platforms. META has introduced features and new anti-scam tools in WhatsApp to combat scammers. For Facebook, the company launched passkeys on Facebook for mobile devices, which now allows users to verify their identity and log in to their account more securely compared with traditional passwords.
The introduction of Teen Accounts has been a key catalyst in boosting security on Instagram. META has expanded Teen Accounts to Facebook and Messenger platforms. The company recently announced that Instagram Teen Accounts will be guided by PG-13 movie ratings by default.
META’s 2025 Earnings Estimate Revision Trend is Positive
The Zacks Consensus Estimate for 2025 earnings is pegged at $28.15 per share, up by a couple of cents over the past 30 days, suggesting 18% growth from the figure reported in 2024.
Meta Platforms, Inc. Price and Consensus
The Zacks Consensus Estimate for third-quarter 2025 earnings is pegged at $6.72 per share, unchanged over the past 30 days, suggesting 11.4% growth from the figure reported in the year-ago quarter. The consensus mark for fourth-quarter 2025 earnings inched up by a penny to $8.10 per share, indicating 1% growth from the figure reported in the year-ago quarter.
META Shares Trade at a Premium
META shares are overvalued, as suggested by the Value Score of C. In terms of the forward 12-month price/sales (P/S), META is trading at 8.71X, a premium compared with the broader sector’s 6.73X, Amazon’s 3.27X, Alphabet’s 7.84X, and Snap’s 1.95X.
P/S Ratio (F12M)
Image Source: Zacks Investment Research
Here’s Why You Should Buy META Stock Right Now
Meta Platforms is spending heavily on expanding AI infrastructure, which is expected to drive top-line growth. This, along with the company’s heavy usage of AI, is expected to boost user engagement. These factors justify Meta Platforms’ premium valuation.
META currently has a Zacks Rank #2 (Buy) and has a Growth Score of B, a favorable combination that offers a strong investment opportunity, per the Zacks Proprietary methodology. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Indicator	TTM Median
P/E	0.00 15.01
Price/Sales	3.96 0.99
P/B	9.09 1.40
P/FCF	133.15 11.54

Indicator	TTM Median
ROE	-43.30 13.09
ROA	-12.67 4.72
Net Worth	20.75 0.77
Quick Ratio	0.00 0.93
Current Ratio	4.04 1.24

Indicator	TTM Median
Net Profit Margin	-18.49 9.44
Operating Margin	-19.53 14.24
Gross Margin	53.08 54.26
Return on tangible equity	-243.62 25.55

Indicator	TTM Median
EPS	0.08 0.25
EPS Forecast	0.13 0.22
Revenue	1.37B 89.00M
Gross Profit	734.00M —
EBITDA	-132.00M —

Snap Inc.

TTM metrics for the latest quarter under IFRS and their historical dynamics

Valuation

Debts

Efficiency

Other ratios

Revenue