Snap Stock Forecast, Price & News

Snap (NYSE:SNAP) Frequently Asked Questions

Is Snap a buy right now?

35 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 1 sell rating, 5 hold ratings and 29 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Snap stock.
View analyst ratings for Snap or view top-rated stocks.

What stocks does MarketBeat like better than Snap?

Wall Street analysts have given Snap a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Snap wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Snap's next earnings date?

Snap is scheduled to release its next quarterly earnings announcement on Tuesday, October 19th 2021.
View our earnings forecast for Snap.

How were Snap's earnings last quarter?

Snap Inc. (NYSE:SNAP) issued its quarterly earnings data on Thursday, July, 22nd. The company reported $0.10 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.18) by $0.28. The firm had revenue of $982.11 million for the quarter, compared to analysts' expectations of $846.57 million. Snap had a negative net margin of 22.49% and a negative trailing twelve-month return on equity of 32.45%. The firm's revenue was up 116.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.09) EPS.
View Snap's earnings history.

How has Snap's stock price been impacted by COVID-19 (Coronavirus)?

Snap's stock was trading at $10.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SNAP shares have increased by 640.8% and is now trading at $80.08.
View which stocks have been most impacted by COVID-19.

What guidance has Snap issued on next quarter's earnings?

Snap issued an update on its third quarter 2021 earnings guidance on Thursday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.07 billion-$1.09 billion, compared to the consensus revenue estimate of $1.01 billion.

What price target have analysts set for SNAP?

35 brokers have issued 1-year target prices for Snap's shares. Their forecasts range from $24.00 to $100.00. On average, they anticipate Snap's share price to reach $78.04 in the next year. This suggests that the stock has a possible downside of 2.6%.
View analysts' price targets for Snap or view top-rated stocks among Wall Street analysts.

Who are Snap's key executives?

Snap's management team includes the following people:

• Evan Thomas Spiegel, Chief Executive Officer & Director
• Derek Andersen, Chief Financial Officer
• Robert C. Murphy, Director & Chief Technology Officer (LinkedIn Profile)
• Jerry James Hunter, Senior Vice President-Engineering
• Jeremi Ann Gorman, Chief Business Officer

What is Evan Spiegel's approval rating as Snap's CEO?

184 employees have rated Snap CEO Evan Spiegel on Glassdoor.com. Evan Spiegel has an approval rating of 79% among Snap's employees.

Who are some of Snap's key competitors?

Some companies that are related to Snap include Zoom Video Communications (ZM), Baidu (BIDU), Twitter (TWTR), IHS Markit (INFO), The Trade Desk (TTD), Pinterest (PINS), Yandex (YNDX), AppLovin (APP), FactSet Research Systems (FDS), Wix.com (WIX), GDS (GDS), Weibo (WB), DigitalOcean (DOCN), Bumble (BMBL) and Switch (SWCH).
View all of SNAP's competitors.

What other stocks do shareholders of Snap own?

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).

When did Snap IPO?

(SNAP) raised $3 billion in an initial public offering (IPO) 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 acted as the underwriters for the IPO and Barclays, Credit Suisse and Allen & Company were co-managers.

What is Snap's stock symbol?

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

Who are Snap's major shareholders?

Snap's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Jefferies Group LLC (0.00%), Price T Rowe Associates Inc. MD (8.93%), Vanguard Group Inc. (3.82%), Edgewood Management LLC (3.49%), Jennison Associates LLC (2.61%) and Lone Pine Capital LLC (1.45%). Company insiders that own Snap stock include Derek Andersen, Evan Spiegel, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Michael J O'sullivan, Michael J O'sullivan, Michael Lynton, Michael Waterman, Poppy Thorpe, Rebecca Morrow, Robert C Murphy, Robert C Murphy and Stanley J Meresman.
View institutional ownership trends for Snap.

Which institutional investors are selling Snap stock?

SNAP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Parallax Volatility Advisers L.P., Sumitomo Mitsui Trust Holdings Inc., Citadel Advisors LLC, Nikko Asset Management Americas Inc., Susquehanna International Group LLP, PEAK6 Investments LLC, and Lone Pine Capital 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, Michael Waterman, Poppy Thorpe, Rebecca Morrow, and Robert C Murphy.
View insider buying and selling activity for Snap or view top insider-selling stocks.

Which institutional investors are buying Snap stock?

SNAP stock was acquired by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Price T Rowe Associates Inc. MD, Squarepoint Ops LLC, Edgewood Management LLC, 1832 Asset Management L.P., Simplex Trading LLC, Jennison Associates LLC, and Melvin Capital Management LP.
View insider buying and selling activity for Snap or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Snap's stock price today?

One share of SNAP stock can currently be purchased for approximately $80.08.

How much money does Snap make?

Snap has a market capitalization of $126.61 billion and generates $2.51 billion in revenue each year. The company earns $-944,840,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis.

How many employees does Snap have?

Snap employs 3,863 workers across the globe.

Does Snap have any subsidiaries?

The following companies are subsidiares of Snap: AIFactory, AddLive, Bitstrips, Cimagine Media, Ctrl Me Robotics, Flite, Looksery, Metamarkets, Placed Inc., PlayCanvas, Scan, Seene, Snap Aus Pty Ltd, Snap Group Limited, Snap Group SAS, Snap Intermediate Inc., Snap International I Limited, Snap International II Limited, Snap LLC, Strong.codes, Teleport Future Technologies Inc., Vergence Labs, Voisey, Vurb, and Zenly.

When was Snap founded?

Snap was founded in 2011.

What is Snap's official website?

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

Where are Snap's headquarters?

Snap is headquartered at 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405.

How can I contact Snap?

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].