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

Snap Inc. (NYSE:SNAP - Free Report) - Research analysts at Zacks Research lowered their Q2 2025 earnings estimates for Snap in a report released on Tuesday, May 20th. Zacks Research analyst R. Department now anticipates that the company will post earnings of ($0.13) per share for the quarter, down from their previous forecast of ($0.10). The consensus estimate for Snap's current full-year earnings is ($0.30) per share. Zacks Research also issued estimates for Snap's Q3 2025 earnings at ($0.10) EPS, Q4 2025 earnings at ($0.04) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at ($0.07) EPS, Q4 2026 earnings at ($0.06) EPS, FY2026 earnings at ($0.28) EPS, Q1 2027 earnings at ($0.07) EPS and FY2027 earnings at ($0.20) EPS.

Other equities research analysts also recently issued reports about the company. BMO Capital Markets reduced their price objective on Snap from $16.00 to $13.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. Truist Financial dropped their price target on shares of Snap from $14.00 to $11.00 and set a "hold" rating on the stock in a report on Wednesday, April 30th. Wells Fargo & Company decreased their price objective on shares of Snap from $9.00 to $8.00 and set an "equal weight" rating for the company in a report on Wednesday, April 30th. JMP Securities set a $12.00 price objective on shares of Snap in a research report on Friday, April 25th. Finally, Cantor Fitzgerald set a $7.00 target price on shares of Snap and gave the stock a "neutral" rating in a research report on Wednesday, April 30th. One analyst has rated the stock with a sell rating, twenty-three have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $35.62.

Snap Stock Up 0.8%

SNAP traded up $0.07 during trading on Friday, hitting $8.49. 7,752,909 shares of the company's stock traded hands, compared to its average volume of 28,820,117. The stock has a market capitalization of $14.18 billion, a price-to-earnings ratio of -20.20 and a beta of 0.61. The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.47. Snap has a 12-month low of $7.08 and a 12-month high of $17.33. The company's 50 day simple moving average is $8.42 and its two-hundred day simple moving average is $10.07.

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). The company had revenue of $1.36 billion for the quarter, compared to analysts' expectations of $1.35 billion. Snap had a negative net margin of 13.02% and a negative return on equity of 25.67%. The firm's quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.03 EPS.

Insider Activity at Snap

In related news, CAO Rebecca Morrow sold 9,202 shares of the firm's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $8.59, for a total value of $79,045.18. Following the transaction, the chief accounting officer now owns 448,881 shares of the company's stock, valued at $3,855,887.79. This trade represents a 2.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CTO Robert C. Murphy sold 1,000,000 shares of Snap stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $9.04, for a total transaction of $9,040,000.00. Following the sale, the chief technology officer now owns 55,818,548 shares of the company's stock, valued at $504,599,673.92. The trade was a 1.76% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,586,313 shares of company stock valued at $22,190,490. Corporate insiders own 22.68% of the company's stock.

Hedge Funds Weigh In On Snap

A number of institutional investors have recently modified their holdings of the stock. HB Wealth Management LLC grew its stake in Snap by 7.7% in the fourth quarter. HB Wealth Management LLC now owns 21,187 shares of the company's stock worth $228,000 after purchasing an additional 1,513 shares in the last quarter. Gradient Investments LLC grew its position in shares of Snap by 0.9% during the 4th quarter. Gradient Investments LLC now owns 142,144 shares of the company's stock worth $1,531,000 after buying an additional 1,310 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Snap by 136.3% during the fourth quarter. Blue Trust Inc. now owns 4,529 shares of the company's stock valued at $48,000 after buying an additional 2,612 shares during the period. KBC Group NV raised its holdings in shares of Snap by 1.7% in the fourth quarter. KBC Group NV now owns 142,208 shares of the company's stock valued at $1,532,000 after acquiring an additional 2,427 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Snap in the fourth quarter valued at about $289,000. 47.52% of the stock is owned by hedge funds and other institutional investors.

Snap Company Profile

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.