Snap (SNAP) Stock Forecast, Price & News

Snap (NYSE:SNAP) Frequently Asked Questions

Is Snap a buy right now?

31 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 7 hold ratings and 24 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Snap stock.
View analyst ratings for Snap or view top-rated stocks.

When is Snap's next earnings date?

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

How were Snap's earnings last quarter?

Snap Inc. (NYSE:SNAP) issued its earnings results on Thursday, April, 21st. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 12.71% and a negative trailing twelve-month return on equity of 16.37%. Snap's quarterly revenue was up 38.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.19) EPS.
View Snap's earnings history.

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

Snap issued an update on its second quarter 2022 earnings guidance on Thursday, April, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.18 billion-$1.23 billion, compared to the consensus revenue estimate of $1.26 billion.

What price target have analysts set for SNAP?

31 equities research analysts have issued 12-month price targets for Snap's stock. Their forecasts range from $34.00 to $88.00. On average, they expect Snap's stock price to reach $52.13 in the next twelve months. This suggests a possible upside of 127.7% from the stock's current price.
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:

• Mr. Evan Spiegel, Co-Founder, CEO & Director (Age 31, Pay $3.29M)
• Mr. Robert Murphy, Co-Founder, CTO & Director (Age 33, Pay $184.44k) (LinkedIn Profile)
• Mr. Derek Andersen, Chief Financial Officer (Age 43, Pay $739.36k)
• Mr. Michael O'Sullivan, Gen. Counsel & Sec. (Age 56, Pay $746.63k)
• Mr. Jerry James Hunter, Sr. VP of Engineering (Age 57, Pay $737.16k)
• Ms. Jeremi Ann Gorman, Chief Bus. Officer (Age 44, Pay $746.63k)
• Ms. Rebecca Morrow, Chief Accounting Officer & Controller (Age 48) (LinkedIn Profile)
• Ms. Kristin Southey, VP of Investor Relations
• Hansen Shi, Investor Relations
• Ms. Julie Henderson, Chief Communications 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 Baidu (BIDU), Twitter (TWTR), Zoom Video Communications (ZM), Trade Desk (TTD), Match Group (MTCH), Pinterest (PINS), AppLovin (APP), FactSet Research Systems (FDS), Switch (SWCH), IAC/InterActiveCorp (IAC), Yandex (YNDX), GDS (GDS), Weibo (WB), DigitalOcean (DOCN) and Wix.com (WIX).
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 Walt Disney (DIS).

When did Snap IPO?

(SNAP) raised $3 billion in an 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.

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 number of institutional and retail investors. Top institutional shareholders include Edgewood Management LLC (4.88%), Vanguard Group Inc. (4.05%), Jennison Associates LLC (2.09%), Capital World Investors (1.56%), Wellington Management Group LLP (1.09%) and Baillie Gifford & Co. (0.70%). 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 and Robert C Murphy.
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 Capital World Investors, Bank of New York Mellon Corp, SG Americas Securities LLC, Gilder Gagnon Howe & Co. LLC, Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc., Sumitomo Mitsui Financial Group Inc., and TD Asset Management Inc.. Company insiders that have sold Snap company stock in the last year include Derek Andersen, Evan Spiegel, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Michael J O'sullivan, 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 Wellington Management Group LLP, Edgewood Management LLC, 1832 Asset Management L.P., Renaissance Technologies LLC, Capital International Investors, Polar Capital Holdings Plc, Jane Street Group LLC, and Bank of Montreal Can.
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.
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What is Snap's stock price today?

One share of SNAP stock can currently be purchased for approximately $22.89.

How much money does Snap make?

Snap has a market capitalization of $37.46 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.

How many employees does Snap have?

Snap employs 5,661 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.

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].