Snap Stock Forecast, Price & News

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 25 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Snap stock.
View analyst ratings for Snap or view top-rated stocks.

34 Wall Street analysts have issued 1 year price objectives for Snap's stock. Their SNAP stock forecasts range from $14.00 to $85.00. On average, they expect Snap's share price to reach $31.74 in the next twelve months. This suggests a possible upside of 141.0% from the stock's current price.
View analysts' price targets for Snap or view top-rated stocks among Wall Street analysts.

Snap's stock was trading at $47.03 at the beginning of the year. Since then, SNAP stock has decreased by 72.0% and is now trading at $13.17.
View the best growth stocks for 2022 here.

Snap is scheduled to release its next quarterly earnings announcement on Thursday, July 28th 2022.
View our earnings forecast for Snap.

Snap Inc. (NYSE:SNAP) released its quarterly earnings data on Thursday, April, 21st. The company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.01 by $0.03. The business earned $1.06 billion during the quarter, compared to analyst estimates of $1.07 billion. Snap had a negative trailing twelve-month return on equity of 16.37% and a negative net margin of 12.71%. The company's quarterly revenue was up 38.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.19) earnings per share.
View Snap's earnings history.

Snap issued an update on its second quarter 2022 earnings guidance on Tuesday, June, 21st. The company provided EPS guidance of for the period. The company issued revenue guidance of -$1.18 billion, compared to the consensus revenue estimate of $1.22 billion.

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 Baidu (BIDU), Zoom Video Communications (ZM), Twitter (TWTR), Match Group (MTCH), Trade Desk (TTD), FactSet Research Systems (FDS), AppLovin (APP), Pinterest (PINS), Kanzhun (BZ), Switch (SWCH), Yandex (YNDX), IAC/InterActiveCorp (IAC), GDS (GDS), Weibo (WB) and DigitalOcean (DOCN).
View all of SNAP's competitors.

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 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 acted 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."

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.

One share of SNAP stock can currently be purchased for approximately $13.17.

Snap (NYSE:SNAP) has a market capitalization of $21.55 billion and generates $4.12 billion in revenue each year. The company earns $-487.95 million in net income (profit) each year or ($0.36) on an earnings per share basis.

Snap employs 5,661 workers across the globe.

Snap was founded in 2011.

Snap's mailing address is 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405. The official website for Snap is www.snap.com. The company can be reached via phone at (310) 399-3339 or via email at ir@snap.com.