Snapchat stock forecast sentiment improved after management

Snapchat stock forecast sentiment improved after management announced strategic partnerships in e-commerce integration. The move could add $100M in incremental revenue according to Street estimates, driving potential P/E re-rating next quarter. "We are encouraged by this early progress as it reinforces our conviction that this user experience will further our goals of inspiring creation, enhancing communication, and delivering a more engaging content experience," he said. Rachel Lucio is a professional journalist and former financial services consultant with more than 20 years experience writing on national news, local government, business, and law. Her work can be found at Courthouse News, Community Impact Newspaper, and across the web. Professional market outlook for Snapchat stock forecast includes potential upside from global market expansion, particularly in APAC where user adoption surged 14% YoY.