Several tech giants, including Meta, Snap, and Reddit, are set to release quarterly results this week. The reports could offer insights into the state of the digital advertising market.
Shares of all three companies have had a tough start to 2025, amid economic uncertainty. Meta shares have dropped 6%, while Reddit’s value has fallen by over one-quarter. Snap’s stock price is down around 18% year-to-date.
Analysts are cautiously optimistic about Snap’s results, citing its potential for upside if Chinese-owned TikTok is banned in the US. Deutsche Bank analysts have a “buy” rating but lowered their price target to $10 from $14 due to a pullback in digital ad spending.
Reddit is expected to report on Thursday, with its earnings call focusing on “clarity on advertiser sentiment and the impact on the macro environment.” The analysts are watching for signs of sustained growth. Alphabet’s better-than-expected results last week could provide support for Reddit, while Meta’s AI-driven growth may boost investor confidence.
Snap will release its quarterly results first, followed by Meta on Wednesday, with its earnings call focusing on the same topics as Reddit.
Source: https://www.investopedia.com/meta-isnt-the-only-social-stock-reporting-this-week-what-to-expect-from-reddit-and-snap-11723344