Snap Stock Forecast, Price & News

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 30 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Snap stock.
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Snap is scheduled to release its next quarterly earnings announcement on Tuesday, October 19th 2021.
View our earnings forecast for Snap.

Snap Inc. (NYSE:SNAP) issued its earnings results on Thursday, July, 22nd. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.28. The business earned $982.11 million during the quarter, compared to analyst estimates 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%. Snap's revenue for the quarter was up 116.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.09) earnings per share.
View Snap's earnings history.

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 (WHO). Since then, SNAP stock has increased by 591.8% and is now trading at $74.78.
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Snap issued an update on its third quarter 2021 earnings guidance on Thursday, August, 5th. The company provided earnings per share 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.

35 analysts have issued 1 year target prices for Snap's stock. Their forecasts range from $24.00 to $100.00. On average, they expect Snap's share price to reach $76.41 in the next year. This suggests a possible upside of 2.2% from the stock's current price.
View analysts' price targets for Snap or view top-rated stocks among Wall Street analysts.

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

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), Weibo (WB), GDS (GDS), DigitalOcean (DOCN), Bumble (BMBL) and Switch (SWCH).
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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 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.

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.

SNAP stock was purchased 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.

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.
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One share of SNAP stock can currently be purchased for approximately $74.78.

Snap has a market capitalization of $118.24 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.

Snap employs 3,863 workers across the globe.

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.

Snap was founded in 2011.

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

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

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].