Analysts Set Expectations for Snap's Q2 Earnings (NYSE:SNAP)

Snap Inc. (NYSE:SNAP - Free Report) - Stock analysts at B. Riley dropped their Q2 2025 earnings per share (EPS) estimates for Snap in a note issued to investors on Wednesday, April 30th. B. Riley analyst N. Khan now forecasts that the company will post earnings of ($0.15) per share for the quarter, down from their prior forecast of ($0.07). B. Riley has a "Neutral" rating and a $10.00 price target on the stock. The consensus estimate for Snap's current full-year earnings is ($0.30) per share. B. Riley also issued estimates for Snap's Q3 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.30) EPS, FY2026 earnings at ($0.04) EPS, FY2027 earnings at $0.15 EPS, FY2028 earnings at $0.34 EPS and FY2029 earnings at $0.53 EPS.

Several other brokerages also recently commented on SNAP. The Goldman Sachs Group lowered their target price on Snap from $9.50 to $8.50 and set a "neutral" rating for the company in a research note on Wednesday, April 30th. Barclays reissued an "overweight" rating on shares of Snap in a research note on Wednesday, February 5th. Susquehanna decreased their target price on shares of Snap from $13.00 to $8.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Loop Capital set a $9.00 price target on Snap in a research note on Friday. Finally, Piper Sandler lowered their target price on Snap from $13.00 to $10.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. One analyst has rated the stock with a sell rating, twenty-three have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $35.58.

Snap Price Performance

Snap stock opened at $8.44 on Monday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 3.95 and a current ratio of 3.95. Snap has a 52 week low of $7.08 and a 52 week high of $17.33. The stock has a market capitalization of $14.32 billion, a P/E ratio of -20.09 and a beta of 0.61. The stock has a fifty day moving average of $8.69 and a 200-day moving average of $10.39.

Snap (NYSE:SNAP - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.12). Snap had a negative net margin of 13.02% and a negative return on equity of 25.67%. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period last year, the business earned $0.03 earnings per share. The business's revenue was up 14.1% compared to the same quarter last year.

Hedge Funds Weigh In On Snap

Institutional investors have recently modified their holdings of the business. Capital International Investors bought a new stake in Snap in the fourth quarter worth about $422,049,000. Capital World Investors increased its holdings in Snap by 38.9% in the 4th quarter. Capital World Investors now owns 84,137,317 shares of the company's stock worth $906,161,000 after acquiring an additional 23,569,522 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Snap by 121.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 6,848,370 shares of the company's stock valued at $59,649,000 after acquiring an additional 3,761,629 shares during the period. Norges Bank purchased a new stake in Snap during the fourth quarter valued at about $30,162,000. Finally, Renaissance Technologies LLC purchased a new stake in Snap during the fourth quarter valued at about $27,713,000. 47.52% of the stock is owned by institutional investors.

Insider Buying and Selling at Snap

In other Snap news, CTO Robert C. Murphy sold 1,000,000 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $9.04, for a total value of $9,040,000.00. Following the completion of the sale, the chief technology officer now directly owns 55,818,548 shares of the company's stock, valued at approximately $504,599,673.92. This represents a 1.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Eric Young sold 102,152 shares of the stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $10.84, for a total transaction of $1,107,327.68. Following the completion of the sale, the senior vice president now owns 3,443,419 shares of the company's stock, valued at approximately $37,326,661.96. This trade represents a 2.88 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,362,523 shares of company stock valued at $12,689,017. Corporate insiders own 22.68% of the company's stock.

About Snap

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.

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