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Snapchat stock price forecast analysts tracking Snapchat's stock

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Analysts tracking Snapchat's stock price forecast see upside momentum if daily active users sustain above the 400M mark, fueling Q3 revenue expectations. RSI levels near 55 hint at room for upward movement before hitting overbought territory. Terms and Privacy Policy Your Privacy Choices CA Privacy Notice More Info Augmented Reality and Content Creation Snap has invested heavily in AR technology, allowing users to create engaging content. This focus on immersive experiences can enhance user engagement and attract advertisers looking for innovative ways to connect with audiences. Partnerships and Collaborations Collaborations with content creators, brands, and media companies can broaden Snap's reach. Evaluating existing partnerships and potential future collaborations will provide insights into its growth strategy. Market strategists note Snapchat stock price forecast has adjusted upward following better-than-expected engagement metrics in May 2024, with 12% YoY growth in time spent per user, bolstering sentiment in tech-focused portfolios.