NYSE:SNAP - Snap Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $7.05 -0.20 (-2.76 %) (As of 10/17/2018 04:00 PM ET)Previous Close$7.25Today's Range$6.93 - $7.3252-Week Range$6.46 - $21.22Volume1.72 million shsAverage Volume26.06 million shsMarket Capitalization$10.83 billionP/E Ratio-3.47Dividend YieldN/ABeta-2.59 Company ProfileDiscussionAnalyst RatingsChartEarnings HistoryFinancialsInsider TradesHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application that helps people to communicate through short videos and images. It also provides Camera, a tool to personalize and add context to Snaps; Friends Page that allows to creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of contextual stickers and Bitmojis; and Discover that helps to surface the most interesting stories from publishers, creators, and the community, based on a user's subscriptions and interests. In addition, the company offers Snap Map, which enables individuals to pinch on the camera screen for bringing a live map of their location, as well as showing nearby friends, popular stories, and a heatmap of recent Snaps posted to their story; Memories that allows users to choose to save the Snaps they create in a searchable personal collection, and users to create Snaps and stories from their saved Snaps and camera roll; and Spectacles, a hardware product that connects with Snapchat and capture video from a human perspective. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Venice, California. Receive SNAP News and Ratings via Email Sign-up to receive the latest news and ratings for SNAP and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology SymbolNYSE:SNAP CUSIPN/A Webwww.snap.com Phone310-399-3339 Debt Debt-to-Equity RatioN/A Current Ratio6.69 Quick Ratio6.69 Price-To-Earnings Trailing P/E Ratio-3.47 Forward P/E Ratio-6.59 P/E GrowthN/A Sales & Book Value Annual Sales$824.95 million Price / Sales10.92 Cash FlowN/A Price / CashN/A Book Value$2.45 per share Price / Book2.88 Profitability EPS (Most Recent Fiscal Year)($2.08) Net Income$-3,445,060,000.00 Net Margins-155.31% Return on Equity-49.79% Return on Assets-43.88% Miscellaneous Employees3,069 Outstanding Shares1,277,350,000Market Cap$10.83 billion Snap (NYSE:SNAP) Frequently Asked Questions What is Snap's stock symbol? Snap trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNAP." How were Snap's earnings last quarter? Snap Inc (NYSE:SNAP) released its quarterly earnings data on Tuesday, August, 7th. The company reported ($0.14) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.32) by $0.18. The business had revenue of $262.26 million for the quarter, compared to analysts' expectations of $247.24 million. Snap had a negative net margin of 155.31% and a negative return on equity of 49.79%. View Snap's Earnings History. When is Snap's next earnings date? Snap is scheduled to release their next quarterly earnings announcement on Thursday, October 25th 2018. View Earnings Estimates for Snap. What price target have analysts set for SNAP? 34 equities research analysts have issued twelve-month price objectives for Snap's shares. Their forecasts range from $6.50 to $28.00. On average, they expect Snap's share price to reach $13.3796 in the next twelve months. This suggests a possible upside of 89.2% from the stock's current price. View Analyst Price Targets for Snap. What is the consensus analysts' recommendation for Snap? 34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 9 sell ratings, 17 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Snap. What are Wall Street analysts saying about Snap stock? Here are some recent quotes from research analysts about Snap stock: 1. According to Zacks Investment Research, "Snap’s user base declined sequentially in the second quarter. Management attributed the decline to the redesign of the application. The decline is a concern as it makes the platform less attractive to advertisers. Moreover, increasing competition from Facebook’s Instagram continues to negatively impact user base growth. Shares of Snap have underperformed the industry on a year-to-date basis. However, advertising revenues grew in the quarter driven by strong international growth. The shift from auction to programmatic has worked wonders for Snap, although continuing price decline is a concern. Moreover, Snap’s strategy of bringing in new features to attract more users and advertisers is positive. Snapchat has become the most preferred social networking medium among teenagers, which is a major growth driver." (8/16/2018) 2. Wells Fargo & Co analysts commented, "We maintain our Market Perform rating and $12 price target, based on our DCF." (8/8/2018) 3. SunTrust Banks, Inc. analysts commented, "We maintain a Hold rating/$13 PT ahead of 2Q18 earnings as 1) valuation remains full at 14.9x EV/Revs, the high-end of our IDM group, 2) read through from TWTR/FB earnings implies a potentially challenging macro environment, 3) feedback from marketers is consistent, that Snap remains well behind Instagram in budget allocations, 4) negative feedback from the redesign and subsequent reversal could have caused user churn/drop in engagement, and 5) lack of financial guidance creates more variability to consensus estimates. That said, Snap remains a viable differentiated and innovative platform. Causes Concern. 2Q18 results from the last two weeks show that while marketer’s demands for digital ad inventory was strong, there are ongoing concerns about the regulatory environment on several issues." (8/6/2018) 4. Pivotal Research analysts commented, "We see the advertiser expansion as an important source of revenue diversification and reflects Snap’s capacity to grow revenue through a broadening of its addressable market. On the other hand, we can infer this result at least partially reflects some degree of deceleration in spending from large brands, which generally view Snap as a niche platform rather than something core to their typical campaigns. However, comments indicating that “of the Top 100 Ad Age Advertisers that started advertising with (Snap) in Q1 of 2016 or earlier, each one of them, at a parent level, also spent with (Snap) in 2017 and over 90 percent of them spent in every quarter of 2017.” Although it does not convey the growth rate of like-for-like advertisers, we think it does reflect a degree of durability for the platform among brands who use it." (2/8/2018) 5. Aegis analysts commented, "We suspect that Snap was a beneficiary of ad dollars that could not make its way onto Facebook/Instagram due either to pricing or tight inventory. That may not recur in non-seasonal quarters. The silver lining for the future is that in tests of the app redesign, Snap saw increased ARPU, time spent, and engagement. Remains to be seen whether that applies all over. We remain at Hold but increased our price target to $18 from $13 on higher estimates. Salient Points: (1) gross margin increased 1,400bps QoQ to 36% and cash burn decreased 49% QoQ; (2) the retention rate of new Android users increased by ~20%; (3) over 90% of Snap Ads were bought programmatically, up from 10% in 4Q16, and 80% in 3Q17; (4) Snap Ad pricing decreased 15% QoQ and 70% YoY; (5) Snap Ad impressions grew 90% QoQ and 575% YoY; (6) each week, half of the U.S." (2/8/2018) Are investors shorting Snap? Snap saw a increase in short interest in September. As of September 28th, there was short interest totalling 140,734,926 shares, an increase of 11.6% from the September 14th total of 126,072,805 shares. Based on an average trading volume of 29,508,628 shares, the days-to-cover ratio is currently 4.8 days. Currently, 25.1% of the company's shares are short sold. View Snap's Current Options Chain. Who are some of Snap's key competitors? Some companies that are related to Snap include Red Hat (RHT), Twitter (TWTR), IHS Markit (INFO), Weibo (WB), Match Group (MTCH), Yandex (YNDX), 58.com (WUBA), Line (LN), FactSet Research Systems (FDS), Sabre (SABR), Tripadvisor (TRIP), Stars Group (TSG), Trade Desk (TTD), Wix.Com (WIX) and InterXion (INXN). Who are Snap's key executives? Snap's management team includes the folowing people: Mr. Evan Spiegel, Co-Founder, CEO & Director (Age 27)Mr. Robert Murphy, Co-Founder, CTO & Director (Age 29)Mr. Michael O'Sullivan, Gen. Counsel & Sec. (Age 52)Mr. Imran T. Khan, Chief Strategy Officer (Age 40)Mr. Timothy R. Stone, Chief Financial Officer (Age 51) When did Snap IPO? (SNAP) raised $3 billion in an initial public offering on Thursday, March 2nd 2017. The company issued 200,000,000 shares at $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, J. P. Morgan and Deutsche Bank Securities served as the underwriters for the IPO and Barclays, Credit Suisse and Allen & Company were co-managers. Who are Snap's major shareholders? Snap's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Asset Management Company LTD (0.38%). Company insiders that own Snap stock include Andrew Vollero, Evan Spiegel, Imran Khan, Jerry James Hunter, Lara Sweet, Michael J O'sullivan, Michael Lynton, Mitchell Lasky, Steven Michael Horowitz, Timothy R Stone and Timothy Sehn. View Institutional Ownership Trends for Snap. Which major investors are selling Snap stock? SNAP stock was sold by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD. Company insiders that have sold Snap company stock in the last year include Andrew Vollero, Evan Spiegel, Imran Khan, Jerry James Hunter, Lara Sweet, Michael J O'sullivan, Michael Lynton, Mitchell Lasky, Steven Michael Horowitz, Timothy R Stone and Timothy Sehn. View Insider Buying and Selling for Snap. How do I buy shares of Snap? Shares of SNAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Snap's stock price today? One share of SNAP stock can currently be purchased for approximately $7.07. How big of a company is Snap? Snap has a market capitalization of $10.83 billion and generates $824.95 million in revenue each year. The company earns $-3,445,060,000.00 in net income (profit) each year or ($2.08) on an earnings per share basis. Snap employs 3,069 workers across the globe. What is Snap's official website? The official website for Snap is http://www.snap.com. How can I contact Snap? Snap's mailing address is 63 MARKET STREET, VENICE CA, 90291. The company can be reached via phone at 310-399-3339 or via email at [email protected] MarketBeat Community Rating for Snap (NYSE SNAP)Community Ranking: 2.2 out of 5 ( )Outperform Votes: 460 (Vote Outperform)Underperform Votes: 598 (Vote Underperform)Total Votes: 1,058MarketBeat's community ratings are surveys of what our community members think about Snap and other stocks. Vote "Outperform" if you believe SNAP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SNAP will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 10/17/2018 by MarketBeat.com StaffFeatured Article: How Do You Calculate Return on Investment (ROI)?