Snap Stock Forecast, Price & News

Snap's stock was trading at $10.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SNAP stock has increased by 325.8% and is now trading at $46.03.
View which stocks have been most impacted by COVID-19.

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 1 sell rating, 9 hold ratings and 25 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Snap.

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Snap is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Snap.

Snap Inc. (NYSE:SNAP) posted its earnings results on Tuesday, October, 20th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.18) by $0.19. The business earned $678.67 million during the quarter, compared to the consensus estimate of $551.36 million. Snap had a negative net margin of 57.18% and a negative return on equity of 49.08%. The business's revenue for the quarter was up 52.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.04) EPS.
View Snap's earnings history.

35 analysts have issued 12 month target prices for Snap's shares. Their forecasts range from $16.00 to $50.00. On average, they expect Snap's stock price to reach $33.38 in the next twelve months. This suggests that the stock has a possible downside of 27.5%.
View analysts' price targets for Snap.

Snap saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 75,330,000 shares, an increase of 14.8% from the October 15th total of 65,590,000 shares. Based on an average trading volume of 33,390,000 shares, the short-interest ratio is currently 2.3 days. Approximately 8.2% of the company's stock are sold short.
View Snap's Short Interest.

Some companies that are related to Snap include Zoom Video Communications (ZM), Baidu (BIDU), Pinterest (PINS), The Trade Desk (TTD), Twitter (TWTR), IHS Markit (INFO), Yandex (YNDX), Wix.com (WIX), Livongo Health (LVGO), GDS (GDS), LINE (LN), Dada Nexus (DADA), FactSet Research Systems (FDS), Weibo (WB) and OneConnect Financial Technology (OCFT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Snap investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Twitter (TWTR), Bank of America (BAC) and The Walt Disney (DIS).

(SNAP) raised $3 billion in an initial public offering (IPO) on Thursday, March 2nd 2017. The company issued 200,000,000 shares at a price of $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.

Snap trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNAP."

Snap's stock is owned by many different retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (0.82%), Samlyn Capital LLC (0.34%), Nikko Asset Management Americas Inc. (0.31%), Swiss National Bank (0.23%), ARK Investment Management LLC (0.18%) and Charles Schwab Investment Management Inc. (0.16%). Company insiders that own Snap stock include Derek Andersen, Evan Spiegel, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Lara Sweet, Michael J O'sullivan, Michael Lynton, Rebecca Morrow, Robert C Murphy, Stanley J Meresman and Timothy R Stone.
View institutional ownership trends for Snap.

SNAP stock was sold by a variety of institutional investors in the last quarter, including Samlyn Capital LLC, Polar Capital LLP, Polar Capital LLP, TD Asset Management Inc., Columbus Circle Investors, Cubist Systematic Strategies LLC, Engineers Gate Manager LP, and Gradient Investments LLC. Company insiders that have sold Snap company stock in the last year include Derek Andersen, Evan Spiegel, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Michael J O'sullivan, Michael Lynton, Rebecca Morrow, Robert C Murphy, and Stanley J Meresman.
View insider buying and selling activity for Snap.

SNAP stock was purchased by a variety of institutional investors in the last quarter, including Nikko Asset Management Americas Inc., Point72 Asset Management L.P., Phoenix Holdings Ltd., First Trust Advisors LP, Lord Abbett & CO. LLC, ARK Investment Management LLC, State of Michigan Retirement System, and Charles Schwab Investment Management Inc..
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SNAP stock can currently be purchased for approximately $46.03.

Snap has a market capitalization of $68.58 billion and generates $1.72 billion in revenue each year. The company earns $-1,033,660,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. Snap employs 3,713 workers across the globe.

The official website for Snap is www.snap.com.

Snap's mailing address is 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405. The company can be reached via phone at 310-399-3339 or via email at [email protected]